Good times are here
The msm have been reporting that corporations are having a hard time looking for talents and will pay practically anything to the right candidates. And talented professionals could really call their shots on how much they want. Today the media again splashes the good news over several pages showing how easy it is for fresh graduates to land a job and how well they are being paid. The headache lies in the human resource dept. How to adjust the salaries of those recruited over the last few years and how much is enough. When fresh grads are getting $3000, $3500 or more, how can they continue to pay their recent hires less? And taken into considerations their few years in the organisations, how far should the adjustments go? This is especially sensitive and critical to large organisations especially govt and stats boards where fresh grads are taken in every year. For the average run of the mill graduates, no problem. No need to adjust too much as they can be easily replaced or they can't command much in other jobs. The problem lies in the talented and good graduates that they took in. These are their very bright future leaders and they can easily judge whether they have been shortchanged by the organisations. They are no fools and if the adjustments are not equitable and fair, they will leave at the first opportunity. Those who are staying or keeping mum are those that have not yet landed a job of their desires or under bond. When the path is clear, sayonara. Human resource administrators will have to review their recent intakes carefully and do the due diligence before a mass walkout is at hand. This is the good time, the golden years, and people, especially the young talents, will also want to be paid in gold and not peanuts.