SALARY RAISE,FRINGE BENEFITS ..AND MUCH MORE!
The Asian Age (Feb 2004)
By Skimmy Gupta
Higher pay packs coupled with fringe benefits keeps executives glued to their jobs. The ample opportunities existing in Mumbai makes it vital for corporate to hire the best people to their company. The corporates just can’t afford to loose their good executives thus they continuously try to increase salaries and other remuneration in accordance with their financial limits.
Most city executives consider a good salary as a morale booster. With cost of living getting high every year, Executives do not even mind quitting jobs for a better salary A right mix of good salary and job satisfaction is an important criteria for executives to help them grow in their career and keep them focused on job.
Varad Pradhan works as an R & D officer at Duphar Interface-a pharmaceutical based company at Ghodbunder road, Thane since past two years. As he opines Salary of course be good enough for infusing the sense of decent earning .A lot of job offers float in the market. But a job change is out of question. A job with better salary could also turn out be a damp squib in terms of working condition, office infrastructure etc. Ofcourse,I will consider a job shift if the offered salary is huge from a well reputed company.
Kaushik Shah, an executive in LIC company recently quitted his earlier job in a premier software company says “I changed the job as I was being offered good salary. Also the company is providing other fringe benefits .All these factors will help me. Today, each penny added to one’s salary makes a difference. If the company does not realize the needs and desires of employee, then the employee is likely to be demotivated.It hampers career growth and also affects the organization. I feel I made a right decision to switch to this company.”
Abhir Joshi,a telecommunication engineer who joined DG2L - a Singapore based top box company at Andheri (east) few months ago feels that job satisfaction in a good company is his priority. As he says “A decent pay packet is also essential for motivation .Its my first job,with this good break at the start of my career; I just want to concentrate on my work and prove my credentials to my superiors. For me, job satisfaction is also important wherein my skills and talents are used for company’s improved performance .”
P.B Shirsathe, training and HRD consultant counsels and guides young students about their career path. Shirsathe has served as corporate training manager in HRD Department at Godrej and Boyce, Vikhroli for 25 years. He informs that though job opportunities are a plenty; the salaries offered in past few years have been static.” Basically, due to IT boom, people got excellent and ample job opportunities of their choice till 2000.But lately, the job scenario is bad. Most employees working have to accept the offered salary and jobs due to prevailing competitive world. They are seldom achieving job satisfaction. A good salary can make you rich on a temporary basis; but a good job at a good place is an excellent bet for you and your career growth.”
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By Skimmy Gupta
Higher pay packs coupled with fringe benefits keeps executives glued to their jobs. The ample opportunities existing in Mumbai makes it vital for corporate to hire the best people to their company. The corporates just can’t afford to loose their good executives thus they continuously try to increase salaries and other remuneration in accordance with their financial limits.
Most city executives consider a good salary as a morale booster. With cost of living getting high every year, Executives do not even mind quitting jobs for a better salary A right mix of good salary and job satisfaction is an important criteria for executives to help them grow in their career and keep them focused on job.
Varad Pradhan works as an R & D officer at Duphar Interface-a pharmaceutical based company at Ghodbunder road, Thane since past two years. As he opines Salary of course be good enough for infusing the sense of decent earning .A lot of job offers float in the market. But a job change is out of question. A job with better salary could also turn out be a damp squib in terms of working condition, office infrastructure etc. Ofcourse,I will consider a job shift if the offered salary is huge from a well reputed company.
Kaushik Shah, an executive in LIC company recently quitted his earlier job in a premier software company says “I changed the job as I was being offered good salary. Also the company is providing other fringe benefits .All these factors will help me. Today, each penny added to one’s salary makes a difference. If the company does not realize the needs and desires of employee, then the employee is likely to be demotivated.It hampers career growth and also affects the organization. I feel I made a right decision to switch to this company.”
Abhir Joshi,a telecommunication engineer who joined DG2L - a Singapore based top box company at Andheri (east) few months ago feels that job satisfaction in a good company is his priority. As he says “A decent pay packet is also essential for motivation .Its my first job,with this good break at the start of my career; I just want to concentrate on my work and prove my credentials to my superiors. For me, job satisfaction is also important wherein my skills and talents are used for company’s improved performance .”
P.B Shirsathe, training and HRD consultant counsels and guides young students about their career path. Shirsathe has served as corporate training manager in HRD Department at Godrej and Boyce, Vikhroli for 25 years. He informs that though job opportunities are a plenty; the salaries offered in past few years have been static.” Basically, due to IT boom, people got excellent and ample job opportunities of their choice till 2000.But lately, the job scenario is bad. Most employees working have to accept the offered salary and jobs due to prevailing competitive world. They are seldom achieving job satisfaction. A good salary can make you rich on a temporary basis; but a good job at a good place is an excellent bet for you and your career growth.”
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Labels: Men's Club
posted by Skimmy @ June 07, 2008
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