Better benefits = worse future?

Most people want better benefits, be it from the company they are working in or from the government they are paying taxes to. A better work life balance, more subsidies, and getting paid without working hard. Sounds like a dream, isn’t it? Maybe that is why some people are moving out from their home countries in Asia for greener pastures in Australia and New Zealand (to name a few).

Better benefits are always good but better benefits also tend to make things difficult for companies.

Better benefits = employee market

Not-so-good benefits = employer market

That’s why I wasn’t surprised when the cab driver in Sydney told me about the lack of jobs in Australia. A lot of multinational companies (including Australia based companies) are moving out from Australia. Their destination? Countries where the government doesn’t protect the citizens that much – Vietnam, China, Malaysia, etc. Why? Well, for one, it creates less problems and fuss. You don’t get lawsuits from your own employees, accusing your company for not providing ergonomic chair (for example). And most importantly, you get hardworking employees for lesser price. Good bargain eh?

Bargain or not, it’s not up to us to decide. What matters to us is that, this migration of companies is fast becoming a popular trend in our world. Lesser job opportunities in countries with good benefits and strong labor law, and more job opportunities in countries with not-so-good benefits, cheaper labor, and weak (or non-existing) labor law enforcement, albeit the fact that many good and talented people are moving the opposite direction.

So the next time you think your country’s labor law is not protecting you enough or your government and company are not giving you sufficient benefits, maybe you should think that it could be a blessing in disguise.

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  1. China is a roaring success partly because of the deplorable working conditions there which makes cheap production possible. Name brands offshore their production lines to them, Indochina, Mexico etc for that reason. Looks like Australia’s about to join the party.

    The exploitation of humans resources for economic gain is the bedrock of economics and the ultimate form of that is slavery. Read up on the history of the East India Company and you’ll see some interesting points along the lines of your post.

  2. well, i guess one just have to move on over to the dark side to enjoy things. the money system is enslaving the world. it’s up to us on which side of the slavery we want to be.

  3. I think its more like

    Not-so-good benefits + employee’s market = Malaysia

    Thats why Malaysia is a great place to start a business :)
    gapnap´s last blog ..The City of Shred My ComLuv Profile

  4. @ Damien
    Australia has already joined the party. 2008 and 2009 have seen a lot of new startups in Malaysia, funded by Australians.

    And I do agree with you with the slavery thing. People have been fighting it off for so long and now, we’re actually going back to the same model….or maybe, slightly “upgraded” version of it.

    @ zewt
    the best, of course, is to be the person enslaving people. LOL.

    @ gapnap
    u mean…employer’s market :P
    yea, i actually think malaysia is a good place to start biz, as compared to countries like SG

  5. Good for Malaysian then. :P
    Jayce´s last blog ..Christ Church, Malacca My ComLuv Profile

  6. @ Jayce
    Definitely :D

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