Over the decades, globalization has changed the working lifestyle drastically. As a result, majority of people are taking up more than one career causing their life more bustling than ever. There are a few possible factors that lead to their present state and a feasible solution will help to overcome this issue.
First of all, the living standards in the country has rise tremendously incurring the increase of the living expenses as well. As a result, one could not support themselves with only one income, thus, forcing themselves to find other occupation vacancies that is available. Furthermore, the minimum wage that they obtained is way lower when compared with the minimum rate of the living expenses. For example, economists currently found out that the minimum salary that a person receives is impossible to able to survive out there with just only one career.
Therefore, a few measures needed to be taken in order to solve this ever-growing problem. Firstly, the government should standardize the rate of minimum wage in every company so that it is possible from them to manage it. For instance, Malaysia government has increased the minimum income for the fresh graduate up to RM 2600 so that they are able to live comfortably. Moreover, the university or school should require creating money management course to ensure the students able to learn to make budgets within their income and at the same time, saving some cash for rainy days. In turn, workers do not have to work for double income as they knew how to control their expenses.
To conclude, increasing rate of the expenses and low income has led to this situation. Luckily, with the aid from the government and some financial management skills, hectic working life will be a thing in the past.
Over the decades, globalization has
changed
the working lifestyle
drastically
.
As a result
, majority of
people
are taking up more than one career causing their life more bustling than ever. There are a few possible factors that lead to their present state and a feasible solution will
help
to overcome this issue.
First of all
, the living standards in the country has
rise
tremendously
incurring the increase of the living expenses
as well
.
As a result
, one could not support themselves with
only
one
income
,
thus
, forcing themselves to find other occupation vacancies
that is
available.
Furthermore
, the
minimum
wage that they obtained is way lower when compared with the
minimum
rate of the living expenses.
For example
, economists
currently
found out that the
minimum
salary that a person receives is impossible
to able
to survive out there with
just
only
one career.
Therefore
, a few measures needed to
be taken
in order to solve this ever-growing problem.
Firstly
, the
government
should standardize the rate of
minimum
wage in every
company
so
that it is possible from them to manage it.
For instance
, Malaysia
government
has increased the
minimum
income
for the fresh graduate up to RM 2600
so
that they are able to
live
comfortably
.
Moreover
, the university or school should require creating money management course to ensure the students able to learn to
make
budgets within their
income
and at the same time, saving
some
cash for rainy days. In turn, workers do not
have to
work for double
income
as they knew how to control their expenses.
To conclude
, increasing rate of the expenses and low
income
has led to this situation. Luckily, with the aid from the
government
and
some
financial management
skills
, hectic working life will be a thing in the past.