tiktok wrote: ↑
Mon, 31 Oct 2022 1:52 pm
the observer wrote: ↑
Mon, 31 Oct 2022 1:39 pm
It’s a free world.
You can always walk away.
Though if someone else is willing to pray that price, that defines the new market.
If your salary is 10k, whilst your equivalent position in other companies are getting 13-15k, what would you do.
Last time I checked it wasn't a free world at all. Most people can't internationally relocate to any country they choose. And definitely not at short notice.
To take your example, if your salary is 10k and someone offers to do your job for 5k, what would you do?
As I am not the boss, there’s nothing I would do.
But if the boss can hire someone for half, good on him. Which is exactly what’s been happening in Sg all the time. Juniorization.
And that’s exactly what’s happening at my work place. Retrench the old, fill in with the new and cheaper. Hence the buzz word, transient.
Even my bosses don’t last long. Lol.
Average span of 4 years in the role as the head, before they are asked to go, themselves.
Also, by free, I meant you can choose a cheaper place to rent.