Tuesday, June 2, 2009

Ironic, that's the fact of life

We all understand that education played a substantial role in every person future prospects. Parents mostly spends at least USD 500 per annum for every child education in hoping that their children could get a stable and well-earn income in the future, in other words, good education means good job in the future.
But, ironically, none of this is actually relevant in this current globalized era. (Not to says that it is irrelevant but partially..) A teacher holding a degree earned less than a managers holding the same degree, a janitor work 8 hours a day earns less then a factory workers which both of the occupation requires the same qualification, a corn farmer in Texas, United States earned more than a paddy farmer in Isaan, Thailand, even though both of them working at the same amount of hours.
So, imagine that a degree holder working at a software firm as a software engineer and the other degree holder just being a sales executives to the software firm selling the software that were designed by the engineer, there's utterly the engineer who earns more compare to the sales exec who sales the product to the market.
This is such an inconvenient fact that should be elaborate according to economic perspectives. Which will therefore explains the reason behind all of the matters.
Supply and demand are the key point in the micro and macro concept of understanding, where there's a scarcity, a supply will meet the demand.
Alright then, we'll understood the key point here, let's look at the original question then...
Mr A and have just graduated from a top university and currently job hunting, Miss B in other hand is a dropout from the university, now currently also searching for a job. Mr A applying a job as a Junior Executive at a famous Firm, his starting pay is USD 1,200 ++, he needs to work 8 hours a day, 5 1/2 per week, shall be receiving the firm benefits and bonuses only after 3 months of probation period. While Miss B getting a job as a Lingerie Model at an international magazine, she doesn't have a starting pays but her minimum income per shoot is USD 300 to USD 500. Working at least 12 to 16 hours per week, did not entitle to receives any company benefits and bonuses (maybe dental..?), don't have any probation period and did not entitle to wear any uniform (except bikini). Overall accumulated income for Miss B per month is from USD 2,400 to USD 3,500.
Mr A has gone through a hard times during his academic years, staying late at night to study and reversing, tying his belt due to his insufficient money to have a meal, and leaving his computer gaming hobby for the sake of concentrating his study has manage to earn only USD 1,200 per month on his first job while Miss B, a dropout, has gone through an easy and wild times during her academic years, she stayed late at night just to have a party with friends, rock and roll all nights and party everyday, did not even attempt to leave her lavish hobby, shopping (girl.....duh..)
has managed to earns from USD 2,400 to USD 3,500 per month, higher than Mr A.
Is it because Mr A is a male and wear a spectacle or just because Miss B have a big boobs, attractive smile, and curvy body shape? or can we say it's all just luck? In mathematical, luck is just a probability, in economic terms, probability is not an accurate indicator.
For a normal person, it best to be easily describe this scenario as a reality of life, but aren't that's a disappointing tone came out from a disappointed person?

-This post will be resume to lets other reader to thinks and post a feedback comment about this issue, it will be resumes back after a week of this posting-











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