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Nairaland Forum / Nairaland / General / Career / The Hard Truth About Your Salary (57820 Views)
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The Hard Truth About Your Salary by hahn(m): 9:50am On Dec 03, 2015 |
I got this from facebook and thought it is worth sharing HARD ANALYSIS: Source: https://m.facebook.com/story.php?story_fbid=10208363981207537&id=1545267988 305 Likes 57 Shares |
Re: The Hard Truth About Your Salary by Nobody: 10:21am On Dec 03, 2015 |
My financial struggles of the past forced me into having the mindset outlined by the poster, hahn. It's now a huge risk to be fully employed without one thinking outside the box. It's a monumental gamble. With a job loss or one huge financial disaster, one's thrown into hunger and deep frustration. The information age requires an entirely different approach to the acquisition of wealth. One has to think far into the future. I'll recommend Robert Kiyosaki's Cashflow Quadrant for anyone willing to understand this thread better. 71 Likes 11 Shares |
Re: The Hard Truth About Your Salary by hahn(m): 11:06am On Dec 03, 2015 |
dearpreye: Yes boss. the acquisition of wealth is a very deliberate one. The perspective of the original writer is one that should be put into serious consideration especially to new graduates and the youths. 28 Likes 7 Shares |
Re: The Hard Truth About Your Salary by chymystique(f): 11:22am On Dec 03, 2015 |
Spot on and so apt! Sincerely, Enterpreneurship and having one's own business is the real deal now..... This should be a motivation for those who aint thinking outside the box to start doing so 27 Likes 5 Shares |
Re: The Hard Truth About Your Salary by Nobody: 11:47am On Dec 03, 2015 |
hahn: I divided my monthly pay by 30 and it appeared very meagre. My boss, it's time to be more serious and deliberate with the issue of money. I just can't wait till 2016. 21 Likes 4 Shares |
Re: The Hard Truth About Your Salary by Nobody: 11:49am On Dec 03, 2015 |
chymystique: I visited a supermarket last week and heard the owner tell his son to grow up and become a banker. I shook my head and politely asked the man to tell his son to grow up and employ many bankers. The son's mother gave me a warm handshake. That's the new spirit. The era of going to school with the sole aim of becoming an employee is long gone. We need more job creators these days. While I know not everyone's got the knack and courage to be an entrepreneur, emphasising it will certainly create more of them. 91 Likes 10 Shares |
Re: The Hard Truth About Your Salary by hahn(m): 11:55am On Dec 03, 2015 |
dearpreye: @bolded, that is exactly why I am working NOW 5 Likes 1 Share |
Re: The Hard Truth About Your Salary by MissIndependent(f): 12:16pm On Dec 03, 2015 |
WOW! 2 Likes 1 Share |
Re: The Hard Truth About Your Salary by hahn(m): 2:01pm On Dec 03, 2015 |
cc: lalasticlala, this is a very interesting point of view that needs to be shared with Nigerians. Password: Tonto Dike 21 Likes 2 Shares |
Re: The Hard Truth About Your Salary by damton(m): 2:34pm On Dec 03, 2015 |
Well articulated write-up. We need to change our mindset in this country. The old general consensus that you get a good grade and seek employment after school should be jettisoned. There are a lot of creative minds who perhaps have not been enlightened and have found theirselves toeing the usual practice. I think our government as a key role to play in this regard 8 Likes 3 Shares |
Re: The Hard Truth About Your Salary by Burger01(m): 2:35pm On Dec 03, 2015 |
Re: The Hard Truth About Your Salary by Nobody: 2:35pm On Dec 03, 2015 |
j |
Re: The Hard Truth About Your Salary by sweatlana: 2:35pm On Dec 03, 2015 |
Wow. This is eye opening 3 Likes 1 Share |
Re: The Hard Truth About Your Salary by MzPecs(f): 2:35pm On Dec 03, 2015 |
Hmmmm 1 Like |
Re: The Hard Truth About Your Salary by gunners160(m): 2:35pm On Dec 03, 2015 |
Hmm,this is indeed captivating and an eye opener. ABEG MAKE TOPIC LIKE THIS DEY MAKE FRONT PAGE AND NT ALL THOSE TOPICS LIKE: Davido and Olamide who rock the mad jeans beta,Davido sips kunu b4 going to a meeting,Tonto Dike kisses her gay husband etc.Internet should be a positive source of information and not all for all those nitwit topics. 38 Likes 1 Share |
Re: The Hard Truth About Your Salary by Akynzodeighbour(m): 2:36pm On Dec 03, 2015 |
chai, diaris God |
Re: The Hard Truth About Your Salary by nanizle(m): 2:36pm On Dec 03, 2015 |
Deep. 1 Like |
Re: The Hard Truth About Your Salary by Nihilist: 2:36pm On Dec 03, 2015 |
This article is so wrong I dont even know where to begin 1. The average employee typically works a 5 day week or roughly 20 days in month. I completely disgree with the premise of the OP's dubious calculations, but even if the calculations were grounded in some sort of logic, shouldn't the OP be dividing by 20 instead of 30? 2. The OP also misses the point by comparing an employee and his steady income to Hawkers,Truckers etc with their irregular cash flow. Again I doubt the veracity of his stats with regards to the earnings of hawkers, truckers and co, but even if the stats were true, The OP still fails to consider that even though the Hawker could earn 2000 Naira in a day, he/she is not guaranteed an income of 120k per month unlike the Banker The crux of the OP's assertion is Business Owners have the potential to earn more than employees. The OP fails to consider the level of risk that these entrepreneurs are exposed to. For the vast majority of people, it is better to go to work and be guaranteed your 300k monthly salary jejely, than to go and out hustle with no true knowledge of when the next paycheck is coming. 174 Likes 15 Shares |
Re: The Hard Truth About Your Salary by Rumpelstiltskin(m): 2:36pm On Dec 03, 2015 |
"Profits are better than salaries; Salaries earn you a living, profits earn you a fortune" 23 Likes 1 Share |
Re: The Hard Truth About Your Salary by lacasera14(m): 2:36pm On Dec 03, 2015 |
chai |
Re: The Hard Truth About Your Salary by ericmon1: 2:36pm On Dec 03, 2015 |
I knw |
Re: The Hard Truth About Your Salary by Nobody: 2:37pm On Dec 03, 2015 |
hahn:I concur 1 Like 1 Share |
Re: The Hard Truth About Your Salary by tunapawizzy: 2:37pm On Dec 03, 2015 |
Funny |
Re: The Hard Truth About Your Salary by southcent: 2:37pm On Dec 03, 2015 |
Good |
Re: The Hard Truth About Your Salary by Nobody: 2:37pm On Dec 03, 2015 |
[size=18pt]Nairalanders, Abeg who help me see sile12, e don tey wey I see d guy's post last o[/size] 2 Likes |
Re: The Hard Truth About Your Salary by kingajibola(m): 2:38pm On Dec 03, 2015 |
Hard truth for real, thanks for the analysis. 3 Likes |
Re: The Hard Truth About Your Salary by kennyman2000(m): 2:38pm On Dec 03, 2015 |
hmmmm |
Re: The Hard Truth About Your Salary by emmanuel596(m): 2:39pm On Dec 03, 2015 |
Tell |
Re: The Hard Truth About Your Salary by ExInferis(m): 2:39pm On Dec 03, 2015 |
There's a difference between salaries and wages. Whoever is earning salary usually has some other benefits. Bank employees and oil company workers also earn bonuses, grants, loans, vacation, health and other packages. Wage earners on the other hand have just their earnings and that's it. Salaries are guaranteed while wages are dependent on revenue. In the US most people prefer salaries to hour rates, which are just wages. 25 Likes 2 Shares |
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