What is a salary?
Salary is the bribe given to a worker by the Employer to continue to slave for him.
Why call salary a bribe?
Because no company spends more than 10% on staff emolument. Those who have capacity can confirm this from their companies annual statement of accounts.
Different sources of salary increment amongst others include the following:-
- Annual merit increase.
- National minimum wage.
- Collective Agreement.
- Management Magnanimity.
- Cost of living Index.
In the next two weeks, we shall share our experiences.
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