Is wage transparency the right thing for companies to do?

I have just read an article on Harvard Business Harvard, where it was claimed that wage transparency is a good thing. A number of arguments were listed, and it was attempted to explain – from multiple points of view – that wage transparency is a fair thing, especially for low-paid and newly-recruited employees.

In the same article, it was highlighted that top-paid executives should compromise and accept a lower pay.

I totally disagree with those measures and policies, because they are founded neither on reality nor on logic.

They are just measures aiming to hurt the interests of the so-called “top-paid” employees.

All employees have been implicitly aware of what their colleagues earn. It is insane to say that unskilled workers have no idea about what their bosses are paid.

Of course senior management executives are paid much more than other “ordinary” employees, and there is no need for any disclosure to be made on that, because “low-paid” employees have already been aware of and accepted this fact.

It’s as simple as that: “low paid” employees are actually paid for exactly what they do and contribute in the workplace; the same also applies to the so-called “high-paid” employees, since a fair compensation offered to them for undertaking the corresponding, high-challenging duties, based on the accumulation of their previous knowledge and skills.

Does an unskilled worker have the same duties and responsibilities with a senior management executive? No. Why should they receive an equal pay then?

It is like telling me that Messi or Michael Jordan should be paid equally to their teammates. Their teammates just accept this huge difference in earnings, it is a well-known fact to every sports fan on the planet, and everyone accepts it, because they all know that they simply lack the skills the play like Messi or Michael Jordan.

There is a wage difference in every business, organization, team, etc., which is expressed through a scale that rises with hierarchy, responsibilities, duties, knowledge, experience, skills, and performance.

There is a reason why these people are paid more, i.e. to achieve the results that nobody else can achieve. Therefore, they have a multiple contribution to the success of the organization that employs them, compared to employees at lower hierarchy levels, who, in the end of the day, do not wish to or cannot undertake the duties and risks that are involved in a senior manager’s or top player’s job role.

Even among employees who literally do the same job within an organization, there is common agreement among them, on the fact that some of them are simply capable of or willing to have a better performance in the workplace than their colleagues.

Why should a company pay the same wage to an indifferent employee?

This would only demotivate the rest of its employees who are willing to achieve a high level of performance, and who are worth every cent or penny of their pay and thus have maximum contribution towards the company’s goals.

According to the Pareto (80/20) principle, 20 percent of a company’s employees are responsible for 80 percent of the company’s performance. Why should these employees be treated unfairly, and receive just 50 percent, in terms their pay, whereas, in fact, they are worth 80 percent, compared to low-performing employees?

Governments and companies should adopt and implement continuous on-the-job training programs, in order to improve the skills of their employees, before trying to apply wage-leveling policies in the workplace.

I mean, do “low-paid” employees have the required skills, knowledge, and willingness to immediately meet the corresponding duties and responsibilities that result from their elevation to the level of their “high-paid” colleagues?

If not (which is most likely to be the case), the whole wage transparency thing is just pointless and unnecessary.

Source:
What if companies were required to tell workers what their colleagues earn?

Further reading:
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How to make money recycling (upcycling) tin cans

If you drink condensed milk like me every day, then you will have a never-ending supply of empty cans, which you can upcycle, then display them on your Etsy shop, and finally start making some extra money by selling them to buyers who are interested in this type of thing.

This is my idea then, which I would like to apply it in practice myself.

When your can is empty, just remove the two tops with a can opener. Then wash the can thoroughly by using your regular washing-up liquid, remove the label, and let the can dry, or use a towel to dry it off.

Then, what you need is an anti-rust primer spray to apply to the inside and outside surface of the can, so that you can prevent oxidation of the metal. Use the instructions and apply as many layers as needed (probably one to two will be enough).

Now, this is the trickiest bit. You should visit YouTube and search for “geometric drawing tutorial”. There are plenty of videos to choose from, and I would personally select the following video tutorial:

Cut a piece of white paper that has the same dimensions with the cylindrical outer surface of the can (it will have a rectangle shape), so you can wrap it perfectly around it.

Although you may find the whole thing of drawing a geometric diamond by hand a bitdifficult for you, especially if you are not good at drawing, it is actually not that difficult once you have watched this excellent video tutorial. It is like going back to school again! You’ll need the piece of white paper you have cut, a pair of compasses, a ruler, a pencil, an eraser, and of course, some patience. Take your time and try to make the drawing as nice as you can. The better the result of your drawing, the higher the chances of selling your upcycled can be fast and at a good price on Etsy.

Once you have finished your masterpiece drawing (Don’t worry if you make anymistakes, since you can always start the whole thing again. Just have fun!) it is time to cut along the perimeter and discard any unwanted paper.

After that, cut through the whole drawing by using a precision knife (you can get one them on Amazon.com for under 10 dollars). Remove the black segments and leave the white ones.

What you need next is a set of acrylic paints and brushes (you can get them cheap online from retailers like Amazon.com). After you have wrapped and fixed the diamond drawing around your can, you can start filling the gaps that you have made with the precision knife, with any color you like. The result will be a unique upcycled tin can decorated with marvelous colors!

The next step is to use a pair of metal cutting scissors to cut the tin surface from top to bottom, so that you don’t have an empty cylinder anymore, but a curvy rectangle surface. Bend the sharp edges inwards after you have cut the tin, in order to make the tin safer, and give it some “volume” as well. Another reason why you should do this is in order to make as much surface of the can as flat as possible, so that you can send it to a potential buyer by using a plain envelope for sending a letter (and thus pay the cost of a letter) rather than sending it in a box as a cylinder (as it was initially), which would increase mailing costs dramatically. Of course, you shouldn’t make the tin completely flat because you want it to keep some of its curvy volume, so it can stand upright on its own without needing any support.

That’s it then!

Now you need to take a photo of your upcycled can, upload it to your Etsy store, and send it to your social media friends.

This will be a great decorative item that can be used to add color on any desk, and serve the purpose of saving the environment from more metal waste thrown away, and of course give you some extra money to sweeten your creative experience even more. I bet you can hardly wait for your next condensed milk can to empty, so you can use it for your next can upcycling project!

I would also like to thank Sarah Moore, a UK-based expert in upcycling anything you can imagine, for introducing me to upcycling and being a great inspiration by watching her videos on YouTube.  It’s definitely worth watching these videos, if you want to get ideas on how to make money upcycling various things.

What skills and qualities do you need to write for TopTenz?

TopTenz is a website that pays writers a specific amount of money for their top-10-list articles, rather than offering them the opportunity to earn through a revenue-sharing scheme, for example, based on ad views (CPM), etc. Of course, this could change in the future.

TopTenz is a website that pays writers a specific amount of money for their top-10-list articles, rather than offering them the opportunity to earn through a revenue-sharing scheme, for example, based on ad views (CPM), etc. Of course, this could change in the future.

I had a look at the webpage where there is a brief description of the TopTenz’s best writers, and I realized that they were university-educated, and/or had a genuine and passionate interest in a specific activity, hobby, knowledge field, and many more. Most people may think that TopTenz is a site where you can only send one top-ten article, and wait for it to be approved by the TopTenz’s administrators, but the truth is that there are a handful or more authors who earn a decent income by sending quality articles, and having them approved, on a regular basis.

As I already have stressed, you need to be well versed with the particular field of interest that you are going to write about; otherwise, I believe that you shouldn’t even try to get your article approved. On top of that, you need be charismatic in sparkling the readers’ interest and turning them into regular visitors and fanatic readers of the site. This is the old saying: “It is not only what you say, but how you say it”.

Actually, there are many other specialist websites, such as Wonderslist.com, Sporteology.com, TMSPlug.com, Topfivebuzz.com, Topsixlist.com, Historylists.org, Listverse.com, Cracked.com, and Knowledgenuts.com, where you can send your top-10-list article, and get paid for it, once it is approved. So, it could be a good idea to try your luck with every single one of them. For example, you could start with Wonderslist, and if your article is rejected, you can try Listverse. If they reject it, too, you can attempt to have it approved by the next one, for example, Listverse, and so on. In the end of the day, you can try to publish it on one of many revenue-sharing websites, such as Hubpages, or even on your blog.

In this way, if you are a talented writer, and knowledgeable of the subject, about which you are going to write, you will finally receive some bigger or smaller financial compensation for your effort. Good content can always find its way to publication.

Multitasking vs. doing one thing at a time

The modern-day workplace is characterized by an increasing level of complexity and versatility. Long past are the days when employees were paid on a piece-rate basis, and, other than that, they did not care much about doing additional tasks during their shift.

Nowadays, employees need to be multitaskers, in one way or the other, otherwise they will find it hard or impossible to cope successfully with job requirements. The economic recession and the intense competition that companies face in the business environment, has led to job cuts, which means that the same tasks must be accomplished by a lower number of employees.

Therefore, multitasking is an inevitable necessity for modern-day employees.

However, there is a critical question that should be answered on that issue: Is multitasking more effective than doing one thing at a time?

First of all, any business project has a completion horizon, and thus, the role of time pressure is important in choosing to apply multitasking, since “doing one thing at a time” is considered an unaffordable luxury.

On the other hand, if a manager urges employees to undertake many tasks simultaneously, they may never have the chance, or enough time, to finish them all. So, multitasking can have the effect of leaving things unfinished. In some cases, it would be more preferable not to start new things at all, if there is a high possibility of not finishing them. In this sense, “doing one thing at a time” seems to have certain advantages over multitasking, since it results in finishing one task, and then proceeding to the next one.

Finally, multitasking can become an extremely complicated process, when, for example, finishing one task is considered a prerequisite for starting another, and as a result, this can delay the whole project.

Further reading:

The many benefits of doing one thing at a time

The pros and cons of doing one thing at a time

The simple trick to productivity? Do one thing at once