Skip to main content

Salary differential between white and blue collar in services sector....

In a services driven economy like United Kingdom, it is quite interesting to note the salary differentials between white collar professionals and blue collar workers. My experience is limited. I work in a retail shop that pays £ 6.84 per hour for sales assistants. A quick calculation would reveal a part time staff working 20 hours will earn £ 593 per month and full timer (37.5 hours) will earn £ 1,110 per month.
As against, a fresher in leading accounting firms are known to be paid between £24,000 and £ 27,000 per annum, which roughly translates into £ 2000 per month. It is universally never more than £ 50,000 per annum in any sector for freshers. Not much of a salary differential if you consider that a sales assistant could be anyone who has completed 11th year of or 13th year schooling and a fresher in accounting firm would have spent three to five years of additional studying.
Though the salary increase for a guy in an accounting firm would be fast compared to the guy in retail store. However, unlike in many countries, there is tremendous scope for sales assistants to become managers.
Two things stand out: the salary divide between blue collar and white collar professionals is not that big atleast in the initial stages. The multiple is less than 3 or 4. Second, there is no 'non-merit' barriers for career growth potential and employability,

Comments

Ramnath said…
There are two other metrics you have to look at. Salaray cost as a % of total cost. And business/employee. These might explain the gap.

And also, in blogger settings, in comments settings page, activate word verification. That might help you to bring down the spam comments.

Popular posts from this blog

Being hopeless....

Three months back when my mom was visiting me, she experience heart palpitations for two consecutive nights. Worried I called my cardiologist friend who asked us to visit him in the government hospital on that day as it was a non-OPD (out patients day) duty for him. Apparently non-OPD days are less crowded. As we sat waiting, we saw many worried parents bringing their just born babies to treat serious heart problems. What struck me were the faces of these parents - a feeling of hopelessness. This was their last hope to treat their infants in a state-run hospital as they don't  have money to take them elsewhere.

Fortunately, the staff at this government hospital were treating patients sympathetically. I hoped the patients would have got the best of treatment available. In comparison, patients were treated as cattle herds at the All India Institute of Medical Sciences (AIIMS), India's premier hospital. To get an cardio OPD appointment, you will have stand in the line from 5 PM …

Happiness, street vendors, and negotiations......

Few days back I was watching a documentary series, "India's Frontier Trains". The three-part series was on trains connecting India with its neighbours - Bangladesh, Pakistan and Nepal. Yes, there is a train connection between India and Nepal, and that train is the only functioning train for the whole of Nepal.

In the episode on the train between India and Bangladesh, the program documented a life of a chocolate seller inside the train. He boards the train in the Bangladesh side of the route. A sole bread winner for a family of four, he earns by selling chocolates in the train.

He faces a perennial problem: because of hot weather conditions, his chocolates melt. In those hot days, his earnings are meager. A basic cooling device like this costs seventeen pounds and he couldn't afford that.

What moved me was the insensitive nature of some passengers in haggling with this struggling chocolate seller. They would force down the price by 10 pence or more (which is more tha…

Be a democrat in US, but root for BJP in India

Before I say anything I would like to disclose my knowledge of political affairs in India. I had lot of assumptions and predictions for this just concluded elections, and none of them came true. So I am not going to talk politics and waste time. But this election season reminded me of a funny incident when I was a student in Arizona State University (ASU) in 2004.
As a thumb rule, I discuss politics only with close friends. So my flat mates in Phoenix had no idea about my political likes and dislikes. So on the day when BJP lost the elections, one of my flat mates – who used to hate George Bush and an active supporter of Democrats – saw me in that morning, and said, "What John, people have done this" in a disappointed tone.
He saw no contradiction whatsoever in supporting democrats in US and at the same time supporting BJP in India. It was after that I started noticing Indian students in US, and people who got their jobs in US recently, most of them exhibited this kind of du…