Attorney Michael de Broglio on: South Africa, Law, Politics, Attorneys, Sport, Photography, Technology, Gadgets, Media, Crime, Road Accidents Fund, Divorce, Maintenance, Personal Injury, Medical Negligence
Home - Recent Entries

That salary package ...

It astounds me, over the years, how many of my former staff asked for their job’s back and the one thing I have learned is that many companies make promises about salaries that they don’t keep. It is not necessarily that they are dishonest but it is just that they include all sorts of things in their salary packages when they talk to candidates, that they create an impression that the candidate is going to walk away with more money than they are getting at their current job.

In many cases, once you strip out all the things that they list under “cost to company” you find that many employees are not actually better off, even though the package seems so much bigger and better. The first question I would ask is what the company’s annual increase policy is because I am aware of many companies that simply keep the salary at the same level for 5 years by which time your “career move” is anything but. I am also surprised that more candidates don’t ask the person who makes the offer to them, “What am I actually going to nett at the end of the month?” That will always require the bookkeeper’s calculations, but it can also give you a very interesting answer, because then presumably the company will take away the expenses and deductions relating to parking bays and all sorts of other things. Some companies, including those with their own offices, create the most wonderful amounts for parking, let’s say R1 700,00 a month and then multiply that by 12 months – so there is this wonderful benefit and impression created that you will be earning R20 000,00 extra a year in that regard alone, but in fact all you are getting is a space to park your car and you may well have been better off with a package that only gave you R5 000,00 extra a year, but in actual money, and park across the street! It is a too common occurrence for it just to be one or two companies, but it is amazing how many people are hoodwinked by “packages”.

Posted by Michael de Broglio on Friday 10-May-13 Share on Facebook   Tweet It

Post a Comment
Comments

Julie  said:
on Friday 21-Jun-13 01:49 PM
Better the devil you know than the devil you don't know... ;-)

You offer good packages.

Bianca  said:
on Friday 21-Jun-13 01:40 PM
How true this is....

Sundome   said:
on Thursday 16-May-13 03:50 PM
You have to enjoy your job, it is not always about the money. You will be such a miserable person at work and I don't think that is how it should be. I also agree with Henrietta, being friendly really just makes everyone happier and makes the workplace a much better place.

Thabitha  said:
on Wednesday 15-May-13 08:34 AM
I think it is important to check the historry of the company before you can accept anything or just to understand what you are getting

sheena  said:
on Wednesday 15-May-13 07:32 AM
One has to make the right decisions when moving from one company to another. you have to do you homework before just accepting an offer that seems better. You have to consider the hours, your traveling costs, leave etc.
and most of all if you are going to be happy there after all you are going to spend a good amount of your time at work.

Alexis  said:
on Tuesday 14-May-13 06:43 AM
I agree with Anna - it really does not matter how much you earn if you never want to get up and go to work in the first place

CornĂ©  said:
on Monday 13-May-13 12:42 PM
For me money is definitely the motivating factor so I would make sure I know how much Im going to be paid. No job is perfect but it is easier to motivate yourself if you are earning a good salary.

cherise   said:
on Monday 13-May-13 10:33 AM
There are so many tips and guidelines for people who are in the Job market to read through and make sure they ask the right questions at their interviews- that I'm shocked one would not ask what they getting paid net.

Its important to clue yourself up with the right questions to ask when in an interview because you never what could happen (retrenchments , liquidation etc at ones current company)

Henrietta  said:
on Monday 13-May-13 08:30 AM
What surprises me the most is that everywhere you go there is always something or someone who is going to make things difficult and uncomfortable for you. Therefore I also believe that you come to work to work not make friends. Be friendly reasonable and threat each other with respect. I mean these things matter more that the salary package... My opinion. But then again lots of people believe you should go where the money is. Also I think you have to look at the bigger picture and ask yourself can you grow in the company... Is it worth it, being stuck at the job for 5 years or longer doing the same thing?

Julie  said:
on Monday 13-May-13 08:13 AM
I mostly agree to all the comments. Again, YOU are responsible for your own attitude towards work, life, love... YOU are the one who determines you mood, mindset and goals. Even if you don't have the "perfect" job (which I don't think anyone has) - if you set yourself up to be the best and give the best you will achieve much. Take what you have and make the best of what you have and where you are and "create" an environment making a long day as pleasant as possible. Your attitude determines your altitude 100%

Juliet  said:
on Friday 10-May-13 10:17 AM
When I worked at the recruitment company, we always made sure the client (the company) gave us a dummy pay slip with a breakdown including the nett amount so that we could give this to the candidates to ensure they knew exactly what they would be accepting should they take the new job. Nett amount is most NB

Benita  said:
on Friday 10-May-13 10:07 AM
I agree with Angelique. You need to do your homework before just going for another job

Michael  said:
on Friday 10-May-13 10:01 AM
I do think if one is too aggressive at an interview, you run the risk of putting people off. At the end of the day in the legal profession your value depends on what you do. An attorney who does good work is always important. An attorney who brings in lots of work by their reputation or name will naturally be paid more. Value really depends on what work you do and just being able to do good work, but not bringing in clients won't give you the same value - there will always be plenty of people who can do the work competently which is why firms always save the big money for Rainmakers - the people who actually bring the work in.

Home

Johannesburg based attorney specializing in personal injury matters including Road Accident Fund claims and medical negligence matters. My interests include golf, reading and the internet and the way it is constantly developing. I have a passion for life and a desire for less stress!
Have you been injured in a motor accident?


Recent Settlements
Lumbar spine compression fractures R2,500,000.00
Severe hip fracture requiring total hip replacements R3,305,000.00
Head injury with disfiguring facial scaring of a young female R4,000,000.00
Whiplash and compression fracture of the spine R4,000,000.00
Broken Femora R1,914,416.00
Broken Femur and Patella R770,881.15
Loss of Support for two minor children R2,649,968.00
Fracture of the right Humerus, fracture of the pubi rami, abdominal injuries, head injury R4,613,352.95
Fracture of the right femur, Fracture of the right tibia-fibula R1,200,000.00
Broken Jaw, Right Shoulder Injury, Mild head injury R1,100,000.00
Degloving injuries to the hips, legs and ankle R877,773.00
Head injury R2,734,295.12
Fractured pelvis R1,355,881.53
Damaged tendons in left arm R679,688.03
Fractured left hand R692,164.48
Amputated right lower leg with loss of income R3,921,000.00
Fractured left foot R600,000.00
Head injury and multiple facial fractures R5,000,000.00
Head injury, compound fracture right femur, right tib and fib fracture, and injury to the spleen R4,529,672.06
Head injury, multiple facial fractures, collapsed lung and a fracture to the right frontal bone R2,890,592.77
Loss of support R5,144,000.00

 


Archives
August 2023
February 2023
November 2022
August 2022
July 2022
June 2022
February 2022
November 2021
October 2021
September 2021

Privacy Policy



Johannesburg Web Design South Africa