Salary.sg Forums - View Single Post - calculate salary must calculate the hidden cost also
View Single Post
  #33 (permalink)  
Old 20-07-2012, 12:28 PM
kakarukeys kakarukeys is offline
Verified Member
 
Join Date: Jul 2012
Posts: 18
kakarukeys is on a distinguished road
Default

And you were silenced by my new example. Good if you finally see the truth in it. It's different from my situation but it conveys the same message: that the monthly pay doesn't give a full picture of "actual salary", the actual compensation of the effort a person puts into his job, it ignores the "hidden cost" such as free OT. This what I want to tell in this thread, by using examples and maths.

Unfortunately many has made and continued to make unwarranted remarks, wild assertions to my original post. I am not interested in winning this type of argument, or entertaining trolls.

P/S the SAF example is flawed as I have pointed out earlier. The person can't monetize his free time while he is on duty.

Tuition teacher is a good example to illustrate. Why did you say it's ridiculous? Back then when I just graduated, it was economical downturn due to SARS. I know a friend who taught JC students at $100+/hr, and he took as many as his timetable allows after he got referrals from parents. The key here is again monetizing free time. If you can only take 1 student, you are not monetizing it.

Reply With Quote