Thursday, December 30, 2010

2 Money Making Method 1: Employment

This is the most common and most traditional methods of money making option we have in the world. You work for a boss or company and earn a daily or monthly salary.

So, currently in our country or globaly how mush is our initial (starting) basic salary??

SPM - 800
Diploma - 800-1000
Degree - 1500-2000
Master - 2000-2800
PHD - 3000 and above

So, which one are u at now??

If u keep your currently job position, your salary increment will only 40-100 per year. Which mean, now u got 800 basic salary, after 12 months work, u only increase 40. So, 840.

But if you climb the company hierarchy, which mean u get job promotion, move from lower position to higher position. Then, you will get a better salary. It sounds like from getting 800 per month jump to 1000 per month. This maybe take times and years to get your job promotion. You need your opportunity, show your performances and talents to appeal your boss or HR manager. But what if there are always better people than you? Or someone using back door? Or someone who is your boss friends and relatives children? Will you still got the chance to get your promotion?? You might work for a few years with your current position. This is what happen in the reality. So, no choice, nowadays people have to job change, change company in order to get higher position and salary. Frogs jump around the world.

What Happen In Employment Nowadays?

You come in a company, you are junior, if you are lucky, seniors and even boss will help you and guide you with your work. Most people where got such lucky. So, mostly will be bully by your senior. They give you a lot of job but didn't teach you to do, expecting you know what to do. If you don't ask or fail to do the job. They will report to boss or scold you. Want to make you fired by boss. Why? To eliminate competitors~

Working environment is a competitive environment. Everyone compete to sustain. You compete to get job promotion and higher salary. Everyone want job promotion and higher salary.

In this modern era, the higher the position, the higher the salary, the worst your working environment because you need to do many extra and irrelevent work.

Take for example, a Manager of a department. Manager suppose is just allocate and command subordinates to do the task/jobs. Then, do reports and supervise them. That's it.

Nowadays, Manager not only need to go down the field, work with subordinates, manager also need to give training (suppose is HR job), running errands (suppose is office boy job), attend a lot of meetings, help other department to do unfinished work, OT more than your subordinates. If emergency u need to multitask. U must know how to fix computer, count money, answer phones, meet clients. Because nowadays manager can be met by guests straight away, appointment is not necessary anymore due to the concept of customer always right.

It just like the people said, boss give you 3000 per month but make you work for 5000.

So, becoming manager, are you physically and mentally strong enough? Do you have a lot of skills? Can u multitask?

The worst case is you do as a sales agent to a company. You only get monthly salary plus a small % of commission even though you help the company sell a lot.

For example, you help a company sell computer. One month, you sell up to 10,000 sales. (if u can make it) But you still, only get your monthly salary, and small % of sales. I believe the company don't give you any higher than 5%-10%. If you cannot sell to the target, your boss sure give you a lot of presure such as "this month you can't make it, next month don't need to come or I cut your salary" something like that.

THIS is what happen especially when you help BANK do sales out side such as:
introduce people sign credit card
loans
stock
fix deposit
unit trust, etc...

Only the people who manage to work inside bank, then you will be much more safer. But bank job is one of the high salary job. Sure a lot of people fight for it and don't easily resign. So, if there is no empty space, you will end up work as BANK sales agent do sales outside. U must sell to meet your target.

You sell ALL YOUR DAY TIMES TO YOUR BOSS. Left night time. What else can you do next? Left eat and sleep to prepare for next day. The process repeat everyday. Only the off day you don't have to do so.

What Can You Do With These Salary? Enough? Satisfied?

Every human got daily living expenses. You must eat drink play. So, I list down the most basic expenses with the most minimum price for a single person who take care everything by self without family support.

Food: 300 per month

Car fuel: 100 per month (depend on car model, distance)
E expenses: 300 (utility bils such as electric, water and internet bill, store food and drinks, cloths.)
Handphone reload: 30 per month
Entertainment: 100 per month (movie, eat supper, alcohol, smoke, play game at cc, etc)
Car loan: 300
House loan or rent: 3oo
Dating: 100
Cosmetic and facial: 300

Overall: RM1830

Not yet your saving, insurances, give your parents, not yet if you got a family, children, etc...

So, we should be thankful that we got our parents watch our back, support us when we are working. If we only have 800 per month or any less than 2000 per month salary, I can guarantee, you can't survive with your current life style as I mention above which such monthly expenses!!

IF you parents didn't give you a lot of assets, unless you are dreamless, no entertainment, no facial treatment, single for whole life. By your own strength in employment, you can be rich after 20 years! (Rich here means you get your 500k to 1mil in your saving) After that, what else can you do? You already old, miss a lot of things an opportunity. The lady you admire, the place you always want to go, the phone you always want to buy, etc. All the excitement of life has gone...

Next: Professionalist
To be continue...

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