View Poll Results: Salary increase is the only way to retain workers?

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  • Strongly Agree

    26 37.14%
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    17 24.29%
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    12 17.14%
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Thread: Salary increase is the only way to retain workers.

  1. #1

    Default Salary increase is the only way to retain workers.

    Conducting a poll to have a feel of how the majority think that salary can have an impact on retaining workers in a company.

  2. #2
    Senior Member Sion's Avatar
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    Default Re: Salary increase is the only way to retain workers.

    Salary increase and to be made son-in-law of the boss will retain anyone.

  3. #3

    Default Re: Salary increase is the only way to retain workers.

    Though I do not think that salary increase alone will retain a person, not increasing it for a good guy is kinda increasing the chance that he would want to consider going for greener pastures ... my $0.02 ...

    with cost and aspirations going upwards, salary kinda need to keep up as well ...

  4. #4

    Default Re: Salary increase is the only way to retain workers.

    Quote Originally Posted by Sion View Post
    Salary increase and to be made son-in-law of the boss will retain anyone.
    We still on going after the boss' daughter thingy eh?

  5. #5
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    Default Re: Salary increase is the only way to retain workers.

    being related in more thean 1 way can b v messy. if things dun proceed smoothly den...

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    Default Re: Salary increase is the only way to retain workers.

    Ever heard of Maslow's theory? There are many "needs" for a employee other than money...

  7. #7

    Default Re: Salary increase is the only way to retain workers.

    Quote Originally Posted by drakon09 View Post
    We still on going after the boss' daughter thingy eh?


    Definitely not the only way, this is the most rhetorical question I've ever seen in 80,000 years, even before I was even born.

    I see this as another veiled thread seeking to kbkb about politics, tsk. But in any case, taking the TS SERIOUSLY, after giving the benefit of the doubt, there are many case studies to prove that no, salary is not the only way. There is also the idea of loyalty, company perks, etc.

    One good way which has been used in Japan in the past, not sure if it's still being used today, but some Singaporean companies have adopted the idea:

    Giving company stocks to the employees, and setting down rules that they are not allowed to get rid of them immediately for cold, hard cash. This would definitely spur employees to work harder to "increase the value of the company", and thus increase their personal wealth. Not that far off from the "commission system" which I think is one of the most efficient ways to ensure that staff do their work. Unfortunately, not every job has tangible results so this commission system cannot be used everywhere, sadly.

    There are other ways, like.. Good medical coverage, good long-term rewards.. So many?

    Which is why I say it is a very rhetorical question which serves no purpose, essentially; no different from me starting a thread entitled: The Sun can only rise from the East.

    A point for all those truly interested in the discussion and not dragging the gahment in, though: In today's increasingly materialistic society, perhaps it is one of the better ways to do so? I would confidently say that my generation (the 1980 babies and beyond) would not care so much about company loyalty, and all that. Give us money, and we will pole dance. Without a doubt. Despite what we would all say in response to public questions. Hehe.
    Last edited by night86mare; 16th April 2007 at 10:51 PM.

  8. #8
    Senior Member Cheesecake's Avatar
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    Default Re: Salary increase is the only way to retain workers.

    welfare. job fulfillment, advancement and satisfaction. colleagues. bosses...



    these are important too.
    You'll Never Walk Alone! - i have the best job in the world!

  9. #9
    Senior Member Sion's Avatar
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    Default Re: Salary increase is the only way to retain workers.

    Quote Originally Posted by night86mare View Post
    ...I would confidently say that my generation (the 1980 babies and beyond) would not care so much about company loyalty, and all that.
    But your genration will care about Nikon vs Canon loyalty.

    Quote Originally Posted by night86mare View Post
    ....Give us money, and we will pole dance.
    I bet some even will dance on top of ladders while in a event shot.

  10. #10
    Senior Member Sion's Avatar
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    Default Re: Salary increase is the only way to retain workers.

    Quote Originally Posted by Cheesecake View Post
    welfare. job fulfillment, advancement and satisfaction. colleagues. bosses...

    these are important too.
    Not to mention the type of cakes they serve in tea time?

  11. #11

    Default Re: Salary increase is the only way to retain workers.

    Quote Originally Posted by Sion View Post
    But your genration will care about Nikon vs Canon loyalty.

    I bet some even will dance on top of ladders while in a event shot.
    Er, no, I have no loyalty to Sony either. Though I'm very tempted to get A100 after Rashkae has poisoned me with the fact that I can get it within budget! =D

    But then again, maybe I'm not my generation hor.

    Yeah, skally got TCS 5 versus TCS 8 loyalty!

  12. #12
    Senior Member Sion's Avatar
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    Default Re: Salary increase is the only way to retain workers.

    Quote Originally Posted by sORe-EyEz View Post
    being related in more thean 1 way can b v messy. if things dun proceed smoothly den...
    I think that would depend how arresting is the boss daughter's beauty.

  13. #13

    Default Re: Salary increase is the only way to retain workers.

    Quote Originally Posted by Sion View Post
    Not to mention the type of cakes they serve in tea time?
    If company serves me Oreo Cheesecake everytime during tea-time.

    I will be loyal to it.

  14. #14
    Senior Member Cheesecake's Avatar
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    Default Re: Salary increase is the only way to retain workers.

    Quote Originally Posted by Sion View Post
    Not to mention the type of cakes they serve in tea time?
    tat is... welfare.
    You'll Never Walk Alone! - i have the best job in the world!

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    Default Re: Salary increase is the only way to retain workers.

    If yr workers are only motivated by money, then there is something wrong in your management, seriously. But on the other hand, u should not underpay your workers unless they are underperform.

  16. #16
    Senior Member Sion's Avatar
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    Default Re: Salary increase is the only way to retain workers.

    Quote Originally Posted by night86mare View Post
    If company serves me Oreo Cheesecake everytime during tea-time.

    I will be loyal to it.
    Boss' wife made cheesecakes also can.

  17. #17
    Senior Member Cheesecake's Avatar
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    Default Re: Salary increase is the only way to retain workers.

    Quote Originally Posted by night86mare View Post
    If company serves me Oreo Cheesecake everytime during tea-time.

    I will be loyal to it.
    there's good and bad to it.

    one, u're easily satisfied.

    two, ur loyalty is cheap. the other co. offer u 2 oreo cheesecake, so u join them la?


    hmmm....
    You'll Never Walk Alone! - i have the best job in the world!

  18. #18

    Default Re: Salary increase is the only way to retain workers.

    Quote Originally Posted by night86mare View Post
    If company serves me Oreo Cheesecake everytime during tea-time.

    I will be loyal to it.
    How about Fish & Co for your meals provided ?

  19. #19
    Senior Member Sion's Avatar
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    Default Re: Salary increase is the only way to retain workers.

    Quote Originally Posted by Cheesecake View Post
    there's good and bad to it.

    one, u're easily satisfied.

    two, ur loyalty is cheap. the other co. offer u 2 oreo cheesecake, so u join them la?


    hmmm....
    He will only resign if the other company offers Satay.

  20. #20

    Default Re: Salary increase is the only way to retain workers.

    this theory i feel applies to singapore's lower end job market (not those upper echelon top management or really specialized job), if the employer doesn't provide what's demand, the workers probably (or definitely) seek greener pastures. Revolves mainly around job security...and in singapore...having cold hard cash and plenty every end of the month brings forth much feelings of security.

    Talk of job loyalty is hard to come by, especially when our local employers tend to stinge on paying their staff, preferring to squeeze everything they can, till the next unsuspecting staff comes in, and the exhausted one out. Sweat shops.
    Last edited by sbs99; 16th April 2007 at 11:20 PM.

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