August 21, 2009 @ 7:03 pm
A new report from UBS puts the average wage of an employee in 73 cities into perspective by showing us how long one would have to work in each city to purchase a McDonald’s Big Mac. If you love Big Macs, Nairobi is not the place for you to be living; Chicago on the other hand is lovely!
Thanks Caleb!
May 28, 2009 @ 9:14 am
This video hits close to home. Now that I’m basically searching for a job full-time, I come across a lot of job postings that ask for a lot and pay little or nothing at all in return. Granted, some of these job postings I come across are “internships” which is one way companies/people get great work at no cost (in exchange for the student being able to put that company on their resume), but most are actual positions paying peanuts for the amount of work that is required.
This puts me in an odd place because I have to juggle whether or not I want to work a lot for basically minimum wage or wait it out and look for a job that understands and rewards hard work with good pay. Personally, I’m choosing the latter and that’s obviously setting me back in landing a job because lots of companies in the US want top-notch work at the smallest cost to the company (understandable…to some extent). And the thing that hurts me most is that I know these companies will find the person willing to do the work they want for very little pay because there’s always somebody out there willing to undercut the competition simply to land a job. I imagine that this comes at a price eventually for the company or the individual (either the company gets sub-standard work quality or the person hired becomes overworked beyond belief).
Anyway, the video above illustrates how these situations might play out if they were to happen in non-work situations. If you think some of the requests in the video above are absurd, then we might be on the same page…
