Walter Okpala: Differences between salaries of executives and oth...

Walter Okpala: Differences between salaries of executives and oth...: From my experience in teaching in companies, I could notice the complaints from the junior staff over the salary differences. The junior st...

Differences between salaries of executives and other workers 2

From my experience in teaching in companies, I could notice the complaints from the junior staff over the salary differences. The junior staff always think they do not belong although they are the ones who do the actual work. As a result of this complaint, I began doing reserach about how this issue affects the productivity of workers and how it can be corrected for better harmony in the team work. I have reached the conclusion that everybody in an organization is important, although some may appear to be more important.

     Imagine the telephone operators, a position generally considered low in the hierarchy and outsourced. It turn out that the first contact a customer has with a company is through these workers. Their attendment is vital and determines if a customer stays with the organization or looks for another one. A CEO is at the top and receives information from many departments. What he or she may not know is that the bad performance of one of his departments is caused by the telephone operators. Another example of the importance of blue color workers is in the assembly of automobiles. If this category wants to sabotage the organization, the workers can just fix the parts wrongly. In this way, the cars will have accidents and probably kill people. When these go to the press, the automobile company is obliged to have a recall of all the cars for repair. Recall costs a lot of money to companies. 

      Therefore, everybody in an organization should be valued so they can have a sense of belonging. If the salary between the CEO and the lowest in the hierarchy is set in the ratio of 10:1, I think the problem should be reduced. That is if the CEO receives $1 million, a cleaner should receive $100,000 per year. If this change is carried out, many positive changes will take place in organizations. Think about this!

           

Walter Okpala: Differences between salaries of executives and oth...

Walter Okpala: Differences between salaries of executives and oth...: It is interesting to note that the salaries of senior management of companies are very much higher than those of other functionaries of the...

Differences between salaries of executives and other workers!

It is interesting to note that the salaries of senior management of companies are very much higher than those of other functionaries of the same organization. It is understandable that people with higher qualifications and experience should receive more than others. However, how can we explain the fact that some executives make $ 20 million a year while other workers in the same organization receive an average of $60,000. The main explanation for this discrepancy is that executives bring more value to the organization than others. Although this is true, it is important to remember that those at the bottom carry out the execution stage. In my opinion, I think it will be a good idea for organizations to establish a ratio between the salaries of executives and junior staff. What do you think? I will like to have your input!    

Walter Okpala: How is your performance result?

Walter Okpala: How is your performance result?: How do you perform in your Organization? Is it an excellent performance or a mediocre one? Your importance in an organization must be refle...

How is your performance result?

How do you perform in your Organization? Is it an excellent performance or a mediocre one? Your importance in an organization must be reflected by your performance. An excellent performance result indicates that you are very useful to the organization. In that case, you can be considered as a linchpin. Your job can be guaranteed by you only when you become a linchpin to an organization. I have written about this in my earlier posts, but let me say it once more. What guarantees our job is not the state of the economy, or the government, or the boss. Rather, our job is guaranteed when we become so indispensable to the organization that it cannot do without us!

     So, check your performance result and evaluate your feedback and see how you can improve your bad qualities. Don't take your feedback as a personal issue or try to defend every point on it. Rather, take it as a lesson and use it to change your bad behaviors. Ask yourself how you can become a linchpin to your organization.

     Think about this!

        

Walter Okpala: The importance of planning

Walter Okpala: The importance of planning: All specialists agree that, among other factors, planning is essential to success. Motivational speakers always say that one's success ...

The importance of planning

All specialists agree that, among other factors, planning is essential to success. Motivational speakers always say that one's success depends on planning. They justify that if one does not know where he is going, any road is okay. That is to say that without planning, a person does not know where he is heading to. But, how does planning really determine one's success?

     The link between planning and success lies in the subconscious mind. What actually happens is that during the planning process, the future project is mentalized, that is, captured by the subconscious mind. The subconscious mind makes your project become real. The fact of the matter is that anything we desire in life becomes easy to achieve when the subconscious mind makes it real so we can see the image. This also gives us the extra motivation to pursue the desired project. 

     Planning demands time and concentration. It does not matter what you do, you need to plan it. Whether planning your career, choosing a college major, starting your business, finances, etc., one needs a plan. Don't live your life without plan!       

How to obtain college degree without debt 5

In my earlier posts, I gave some examples of how someone can get a college degree without entering into debt. In the present post, I am giving one more example of reaching the same objective. Another way of getting a college degree without debt is by using a combination of financial aids and cooperative education programs. there are different types of financial aids available to students, although they are more widely available at the graduate level. 
     Some colleges and universities offer merit-based scholarships, others offer scholarships targeted at sports, while others give scholarships to specific groups such as the minorities, women, the poor, and the disabled, etc. Undergraduate level scholarships do not generally cover full college costs except some merit-based scholarships. However, having a combination of Federal grants, state, institutional financial packages can reduce college costs substantially. Merit-based scholarships cover full college costs at the top universities which always have large endowment funds. Interested candidates should search for these opportunities by contacting the institutions. Sometimes, the information is available on the institutions' websites. 
     At the graduate level, scholarships are available for qualified candidates in the form of research assistantships, teaching assistantships, and fellowships. Top-ranked universities compete to have the best and brightest candidates. The criteria are always based on the undergraduate score (CGPA), Graduate Record Exam (GRE) scores, Graduate Management Admission Test (GMAT) scores for MBA candidates, what you intend to do with the graduate education, and research interests or even publications. Students with undergraduate score of 3.3 or above will receive a full felowship award. A fellowship award pays your full tuition and a monthly stipend of about $2,500. Fellowship award requires a complete dedication to studies and nothing more. Graduate students can also receive research assistantship award. In this case, they are required to carry out research with a professor. In compensation, they receive full or half-tuition award and a monthly stipend proportional to the professor's salary. The work load is normally 20 hours a week. Teaching assistantship is similar to research assistantship, but targeted at teaching undergraduate student. Almost all graduate programs have these scholarship programs. 
     Another way to get financial aid at the undergraduate level is through cooperative programs. A cooperative program implies a work-related financial aid. In this, a student has to work for a stipulated number of hours a week (20 hours) in order to receive a stated percentage of tuition scholarship. In some programs, students work inside the institution. In others, they work in organizations which have agreement with the institutions of learning. Students interested in this kind of program should search for cooperative or work-study programs in the colleges they wish to attend or in Google search. An example of this type of college is the Berea College. All students admitted into it are awarded a work-study financial aid in which they have to work for 20 hours a week. In compensation, the yearly tuition fee is reduced to about $2,200. 
     In summary, there are opportunities for those who do not want to be in debt. The only requirement is to look for them. With the internet today, the information is readily available for those who look for them. Think about this!                     

Walter Okpala: How to obtain college degree without debt 4

Walter Okpala: How to obtain college degree without debt 4: In my former posts, I have given some tips on how to get college degree without debt. The two earlier tips were reducing college costs thro...