The Source of High-Paying Jobs

The Source of High-Paying Jobs

Before one goes about the source of high paying jobs, let us know what a job is. Each one of us without any exception goes about performing their jobs in a routine fashion without really understanding what he can contribute to his organization in terms of job.

 A job is an opportunity to make a contribution to your company that is greater than the amount your company has to pay you to do the job. As long as your contribution is greater than your cost, the organization can afford to keep you on. But if you don’t keep your knowledge and skills up-to-date, someone who is more ambitious than you and who is willing to make an equal or greater contribution for a lower salary will sooner or later replace you. 

When you go into the marketplace as a customer, you always seek to get the very most for the very least. You would like the highest quality and quantity of products and services at the lowest possible cost. It is the same way with hiring someone or with a job. In the world of work, every person views their own work as something unique and special. They view thems4elves and their labor as something that is different and apart from all other people.

However, the market is neutral. In the market place, the labor of another person is merely a factor of production. And like any other factor of production, companies that hire people are always looking to get the very most for the very least or at the lowest cost. All things being equal, the company would soon go out of business if it paid more for an employee than it absolutely had to in a competitive economy. 

Your job is to make sure that you are worth the kind of money that you want to earn. This is the best “economy” of all. 

Every employer attempts to economize in the acquisition of the factors of production, including the factor of labor. In reality, a job is a ‘PERFORMANCE MANAGEMENT AGREEMENT’ whereby the employee agrees to provide a certain quality and quantity of labor which can be combined with the labor of others to product a product or service. In every case, because of the Law of Supply and Demand and Demand, employers attempt to get the very most of any particular kind of work or result at the very lowest cost.

Not long ago, one of my close friends stated that “India must create more high-paying jobs for its workforce.” This has been a very interesting statement that demonstrates complete ignorance of basic economics. The immediate question that should have been asked of my friend was, “What part of India is responsible for creating these ‘high paying jobs?”

Is it the mountains or valleys of India that are responsible for creating those kinds of jobs? Is it the trees or lakes or minerals under the ground? Is it the rivers or beaches or oceans? Is it some specific individual or a group of individuals that is responsible for creating these high-paying jobs? A better and a matured question would have been “Where do high-paying jobs come from, and who really creates a high-paying job?” 

When you ponder seriously about it, you realize immediately that high-paying jobs are created by individuals who make themselves high productive. It is not possible for anyone outside of the individual to create a high-paying job for him. Only you, by continually working on yourself, by continually upgrading your own skills and knowledge, can make yourself more productive and therefore more highly paid in a competitive market place. There is no other way.  

In other words, an organization can offer you a job in terms of your qualification, experience and expertise but it is for you to make the job a high paying one by giving it a best shot day after day ceaselessly, continuously and persistently without growing weary. No job is good or bad and it predominantly lies on the employee who goes ahead carrying out the job for his employer.

I earnestly believe that there is no future in any job, the future lies purely in the hands of the individual who holds a job. MAKE YOUR JOB VERY SPECIAL.

The author of the above said article is Iyer Subramanian. He is attached to Bombay Chamber of Commerce and Industry, Mumbai. E Mail: iyerpdkgnm@yahoo.com