Hi Alexa,
I'm asking a rethorical question about why would companies hire a 'Westerner' (I prefer to use this term) for 4 times the salary of 'Asians'.
According to a pure cost-benefit point of view, they would expect and should get a quadruple of productivity from the Westerner.
Question is, do they(companies or state for this matter) get what they bargained for?
The answer is (if indeed it is true that westerner are paid 4 times more, a proposition that need to be investigated further) a resounding YES, as we can see more westerner is arriving and based on the cost benefit principle above, companies feel that they still get ahead by hiring westerners. Here we assume that no one (companies or states) is stupid enough to prefer losing instead of winning.
There's a catch though. By 'productivity' they may not only refer to tangible things such as amount of product you produce or sales achievement. It may also include things such as prestige (ie. this real estate company is under British management) or something as cynical (as another poster put it) fear or subconcious inferiority complex. True or nor, I don't know....
Myself, If I think I am underpaid (dont really care what my colleages get), then I'll try to negotiate a better deal. If I cannot get a better deal, then I try to prove that I am underpaid by looking at a better job that give me more. If I cannot find a better job, then may be I'm paid exactly what my market worth is....... might as well shut my mouth and enjoy......
(NOte: 'paid' here mean the total compensation I get: sallary, job satisfaction,quality of live, traffic, red tapes etc).
Enough bubling past my curfew.
Adios for tonight, cheers
SK
Hi Alexa,
I'm asking a rethorical question about why would companies hire a 'Westerner' (I prefer to use this term) for 4 times the salary of 'Asians'.
According to a pure cost-benefit point of view, they would expect and should get a quadruple of productivity from the Westerner.
Question is, do they(companies or state for this matter) get what they bargained for?
The answer is (if indeed it is true that westerner are paid 4 times more, a proposition that need to be investigated further) a resounding YES, as we can see more westerner is arriving and based on the cost benefit principle above, companies feel that they still get ahead by hiring westerners. Here we assume that no one (companies or states) is stupid enough to prefer losing instead of winning.
There's a catch though. By 'productivity' they may not only refer to tangible things such as amount of product you produce or sales achievement. It may also include things such as prestige (ie. this real estate company is under British management) or something as cynical (as another poster put it) fear or subconcious inferiority complex. True or nor, I don't know....
Myself, If I think I am underpaid (dont really care what my colleages get), then I'll try to negotiate a better deal. If I cannot get a better deal, then I try to prove that I am underpaid by looking at a better job that give me more. If I cannot find a better job, then may be I'm paid exactly what my market worth is....... might as well shut my mouth and enjoy......
(NOte: 'paid' here mean the total compensation I get: sallary, job satisfaction,quality of live, traffic, red tapes etc).
Enough bubling past my curfew.
Adios for tonight, cheers
SK