No salary increases, no inflation, no salary related strikes and no forced poverty.
What an impossible scenario in South Africa…but it exists in many countries!
Yes, according to various reports, many very-quiet independent countries have achieved this.
These countries have low unemployment rates, high standards of living, low poverty levels and, REDUCING inflation with far higher literacy and education levels!
If you want a better standard of living, you need a higher salary. To get a higher salary, you don’t ask for an increase. That just creates inflation which hurts everybody, including you, later.
Huh? Yes. You are an employee in a bakery. You demand and get a salary increase, the companies costs go up and they charge more for bread that you land up paying with your higher salary. You are back to square one!
So no…you get a better paying job. You get yourself promoted!
Because when you get promoted, it means
You provide a more specialist job which means the company benefits from internally-developed experience and without hiring new people.
You get a higher salary without costing the company more. NO inflation
You free up a lower position which allows promotes employment.
You get to perform a more challenging and rewarding job, enhancing you mentally, emotionally and financially!
You, the employee:
Ask your company what you need to do to get promoted!
Continually investigate training possibilities, internally and externally, self-training AND supported training.
Continually strive to be better and faster through self-growth.
You, the company:
Develop a culture of internal growth through promotion.
Remember: You don’t build a company. You build people, and people build your company!
You, the government:
Provide & promote training & self-growth
Support citizens through huge development of schools & universities, trainers and teachers.
BIG ONE: DEVELOP ADULT TRAINING CENTRES which allow adults, especially previously disadvantaged adults, to bridge their gaps, whether it’s basic literacy or advanced accounting or expert exploration engineering and allow the countries citizens to start and stay productive.
Remember, an employee is not just a person. They are
A service provider to the employer
A tax contributor to the government
A customer to other businesses
A contributor and not a burden to all of us!
Employed, productive, self-rewarded, contributing, self-determined and independent citizens in a low inflationary, highly educated and internally growing country!
Oh, and stop importing finished goods into South Africa and stop exporting raw materials from South Africa! That hurts too…