Tuesday, February 17, 2004

Make Money with No Money

Make Money with No Money

Two entrepreneurs made a wager that they can "make money with no money".
They emptied their pockets and hit the streets. At the end of the day, they managed to get free meals, a free hair-cut from strangers and a $500 investment in exchange for advertisement space in their office.

Family Pains

On 2 Feb, my elder daughter, Anne Marie age 4 was trying to steal some cookies from the kitchen counter. She fell from the stool and cracked her elbow. She was in tears, pain and now in bandage. Doctors said she is likely to have an imperfect elbow cos of misalignment.

I have told her a zillion times and she never listen. Looks like one has to learn the hard way. It's pains me to see her hurting like that. The pain killer can only do so much.

Discrimination Against Old Age
Older workers are supposed to have more experience, better work ethics and less likely to job hop. But once they reach the retirement age of 62, all these means nothing for the organisation. They are given a new work contract that's not in their favour. They are deemed less valuable once they turn 62. What more, their employer CPF contribution is greatly reduced.

In response to a complaint in the newspaper, the organisation said they value his contribution, that's why he was still employed on a new mutually-agreed terms. I personally call this exploitation of labour.

How do you expect them to upgrade their skill or motivate them to give you their best if you pay them peanuts. Dilbert says they should lower the quality of work to match the level of pay.

Technology at the Cost of Jobs
A govt body was so efficient with its computerisation efforts that it managed to cut down the workload of its workers. Now they have to lay off 6% of its workforce cos they are now redundant. Now you wonder if the workers have any more motivation to support computerisation if the computers will one day replace them one day.







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