Currently, Pakistan faces a serious employment crisis, with over 5.6 million people unemployed. Beyond the statistics, there’s a disturbing trend of skilled workers being undervalued, mistreated, or denied the compensation they’ve rightfully earned. 📌A friend of mine recently had to leave her job because her manager’s behavior towards her became excessively casual. When she confronted him, she was let go. 📌Talented professionals, with 5-6 years of experience, are leaving their jobs because they’re still being paid entry-level trainee salaries. 📌Almost 40% of LinkedIn complaints right now are from employees whose companies are failing to release their salaries on time, despite their hard work and dedication. These issues highlight not only an economic crisis but also a growing problem with the workplace environment itself. Toxicity, favoritism, and lack of respect for boundaries are eroding employee well-being. People are forced to choose between tolerating mistreatment or risking unemployment. This year, the theme for World Mental Health Day was “Mental Health in the Workplace.” The focus on mental health has never been more crucial. A healthy workplace isn’t just about meeting deadlines or getting tasks done—it’s about building a space where people feel safe, respected, and valued. It’s time for workplaces to evolve, because a truly successful company is one that prioritizes the well-being of its people. #WorkplaceWellness #MentalHealthintheWorkplace #WorldmentalhealthDay #Employmentcrisis
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The Reality of a Salaried Employee in Pakistan The journey of a salaried employee in Pakistan often starts with a substantial investment in education. This involves dedicating 16-20 years to academic pursuits, during which millions of rupees are spent. Many families resort to taking loans or seeking favors to fund this education, hoping it will secure a prosperous future for their children. However, upon graduation, the reality hits hard as only about 2% of graduates manage to secure employment with leading companies. Once employed, the struggle does not end. You work long hours, often extending into nights, for modest annual increments of 10-15%. Promotions are not guaranteed and typically take 2-4 years of consistent high performance. Meanwhile, the cost of living keeps rising. Each year, your taxes increase by 5-15%, further reducing your disposable income. Inflation steadily eats away at what little you have left, making it increasingly difficult to maintain a decent standard of living. After spending 10-15 years in your career and receiving several promotions, you reach a stage where the government demands 39% of your annual income in taxes, with little to show for it in terms of public services or benefits. Of the remaining 61%, you must pay a 17% sales tax on almost every item you purchase. This is in addition to property taxes, token taxes, toll taxes, and inflated utility bills. When all these expenses are accounted for, you are left with roughly 40% of your annual salary to cover essential needs such as food, clothing, children's education, security, rent, and entertainment. Often, even this is insufficient, leading to more loans to meet basic household expenses. Do you manage to save and invest for a brighter future? Unfortunately, no, because there is hardly anything left after meeting the basic needs. Do you sleep comfortably knowing you will progress? No, because job opportunities are stagnant and salaries remain low. Do you feel you utilized your quality education well? No, because those who venture into entrepreneurship frequently end up with more disposable income and financial security. Do you foresee things getting better? No, because inflation is likely to continue rising, while salary increments will never match the increasing cost of living. White-collar employees in Pakistan are among the most dedicated and qualified individuals in the workforce. They are the brains behind the success of companies and contribute significantly to the economy. Yet, they often feel undervalued and unfairly penalized for their hard work. #SalariedLifePakistan #EducationCosts #TaxBurden #InflationStruggles #EmployeeReality #FinancialStrain #PakistaniWorkforce #CostOfLiving #JobStruggles #WhiteCollarWoes #EconomicChallenges #HardWorkUndervalued #PakistaniEconomy #StagnantSalaries #InflationImpact #FutureUncertain #HighTaxesLowReturn
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Major reasons of why people prefers high salary over Job satisfaction specially in Pakistan. • Economic issues: High inflation and economic instability can be the highest priority on financial safety. Higher salaries can provide more stable and practical lifestyles. • Cost of living: People may priorities salary due to the cost of living like housing, education, medical expenses etc. A higher income can help meet these financial needs and provide a better standard of living. • Family responsibilities: Many people have dependents, such as children or elderly parents, whose needs require significant financial resources. A higher salary may be essential to provide for their family and meet caregiving responsibilities. • Limited career opportunities: In some industries, job satisfaction may be limited by a lack of career opportunities or positions in areas of interest. In these cases, a higher salary may be seen as a more real and immediate benefit. • Cultural and social expectations: Social values and expectations can play a role. Some cultures strongly emphasize financial success and status, which can lead to the definition of wages as a means of achieving social respect and personal prestige. • Labor market conditions: The availability of jobs that offer high levels of satisfaction may be limited, especially in certain industries or regions. When the labor market is competitive or tight, people may choose higher wages as a more achievable goal. • Invest in your education: Many people invest a lot of time and money in their education. A higher salary is seen as a return on investment and is therefore an important factor in career decisions. • Perceived job security: In an uncertain labor market, a higher salary may imply greater job security and more stable working conditions, making it a safer choice compared to a job that offers greater satisfaction but less financial security. #corporateculture #ezanmirza
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Dependency on NGO Jobs in Pakistan: Causes and Government Employment Trends: In Pakistan, a growing dependency on NGO sector jobs stems from limited public sector opportunities and the flexibility NGOs offer. A 2023 survey reveals that 65% of young professionals prefer NGO jobs due to competitive salaries and career growth. Meanwhile, the government increasingly provides contractual positions, with 60% of new hires in 2022 being on fixed-term contracts. Additionally, plans to phase out pensions aim to reduce fiscal burdens but heighten job insecurity. These trends highlight the need for sustainable employment policies that balance economic realities with job stability and growth opportunities. #NGOJobs #EmploymentTrends #PakistanEconomy #JobSecurity.
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GLOBAL VS. LOCAL TALENT: A MISSED OPPORTUNITY? 🇵🇰 While many developed countries face challenges with an aging population and low birth rates, resulting in fewer young people entering the workforce, Pakistan boasts one of the largest and most dynamic youth populations globally. Yet, we seem to be missing a crucial opportunity. Our youth, brimming with potential, often lack access to mass vocational training programs that could prepare them for global job markets. Both the government and private sector need to step up their efforts to equip our young talent with the skills necessary to meet job opportunities worldwide. Here’s a thought: Why not initiate programs where young professionals can register their talents, receive training, and secure employment abroad? Such programs could even include a system where fees are collected post-employment, ensuring that both the individual and program benefit from successful placements. Moreover, leveraging open media to showcase the percentage of unemployed youth and their potential could drive more focus and action toward this cause. Let’s think about how we can transform this demographic advantage into tangible global success. Muhammad Azfar Ahsan Nutshell Group Hassan Raza HR Hub HR kbs Human Capital HUMAN CAPITAL Faryal Shahid Khawaja Ameen Ahsan Aleena Ali Aamir Ahsan Khan Planning & Development Board(P&D Board) CEO hub Sidra Najam (CHRMP)(CHRA) Mariă īqbáļ Rukhshinda Mehar Rajesh Kumar EVELYN THOMPSON Aneel Arshad Ali Human Resources Development Fund - HRDF - KSA Human Resources – Search Solution Group Saylani Welfare International Trust Rehan Allahwala Ali Allawala ARIF HABIB CORPORATION LIMITED Asif Peer AirSial Limited Pakistan Software Export Board (PSEB) State Bank of Pakistan (SBP) #YouthEmployment #VocationalTraining #PakistanYouth #GlobalTalent #JobOpportunities #SkillDevelopment #YouthEmpowerment #EconomicGrowth
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Heart Breaking 💔 Pakistan's economic crisis has led to the closure of numerous industries, resulting in widespread unemployment. This has profoundly affected countless families, causing financial hardships and uncertainty. The need for urgent and effective economic reforms is more critical than ever. #PakistanEconomy #Unemployment #EconomicCrisis #recruitment #hr #hrbp #hrconsulting #hrgeneralist #hradvice #hrbusinesspartner #hrinternship #hranalytics #hradviseur #performance #increment #performance #increment #promotional
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Pakistan is currently facing a severe economic crisis, characterized by high inflation, a depreciating currency, and a significant trade deficit. The job market is highly competitive, with limited opportunities and stagnant salaries, making it challenging for individuals to make ends meet. The rising cost of living, coupled with meager salary increments, has led to a decline in the standard of living for many Pakistanis. Fresh graduates and young professionals are struggling to find employment, while those already employed are facing difficulties in managing their expenses due to the increasing prices of basic necessities. The economic instability has also led to widespread uncertainty, making it difficult for businesses to thrive and for individuals to plan for their future. #Pakistan #economicalcondition #economiccrisis
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To the Pakistani companies and HR professionals: it’s time to elevate your hiring standards. Offering a managerial position requiring 5+ years of experience and a Master’s degree with a salary of 120,000 PKR is simply not competitive. Align salaries with the economic landscape of Pakistan and the capabilities of your candidates. Instead of token benefits like tea, PF, and medical insurance, focus on fair compensation. Base your decisions on merit, not on factors like caste, color, creed, gender, or age. Furthermore, it’s essential to recognize that a 25-year-old can effectively manage a team of individuals older than themselves, given the right skills and capabilities. Age should never be a barrier to talent and leadership potential. Remember, skills transcend age. Let’s think twice before undervaluing talent. #hr #pakistan #pakistanicompanies #job #jobopportunity Abeer Azhar - CHRP Mohsin Jamal
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PayScale in Pakistan of last 15 years, 2010 - Starting salary ‘10k’ 2012 - Starting salary ‘11k’ 2014 - Starting salary ‘12k’ 2016 - Starting salary ‘14k’ 2018 - Starting salary ‘16k’ 2020 - Starting salary ‘18k’ 2022 - Starting salary ‘20k’ 2024 - Starting salary ‘25k’ Reasons: 👇 - Saithiya Mindset - Managers ego. - Jealousy. - Impact. - Result. Saithiya Mindset: Prioritizing personal ego over team success. Manager’s Ego: Insecurity and need for control that stifles growth. Jealousy: Resentment towards more competent or successful colleagues. Impact: Creates a toxic, unproductive work environment. Result: Missed opportunities, low morale, and poor teamwork. Also in accordance with minimum wage standards set by government salary should be atleast 32k but many employers are still not following this. Do start hiring peoples accordingly to inflation rates. #SaithiyaMindset #ManagerEgo #WorkplaceJealousy #ToxicLeadership #EgoAtWork #LeadershipChallenges #TeamCollaboration #ManagerMindset #WorkplaceCulture #GrowthOverEgo
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Employment dilemma By Mansoor Ahmad Pakistan’s employment crisis, marked by rising unemployment due to ever-decreasing job opportunities, demands targeted policy interventions. The government’s lack of action on this issue leads to frustration among job seekers. The persistent economic downturn in the country stems largely from flawed policies. With the right strategies, economic activity could be revitalized. Policies should focus on phasing out inefficient companies across sectors, with job losses being offset by new investments in existing industries. Effective measures against smuggling and under-invoicing could facilitate this process. Currently, many companies are implementing hiring freezes due to economic uncertainty, which limits new job opportunities. While layoffs attract attention, these hiring freezes contribute quietly but significantly to rising unemployment by constricting job availability. Investor hesitation to engage in new ventures or expansions, driven by uncertain future prospects, negatively impacts job creation. This cautious approach slows overall economic momentum, creating a cycle that exacerbates unemployment. In thriving economies, companies adapt continuously -- efficient firms expand while inefficient ones either improve or exit the market. In Pakistan, cartelization and other inefficiencies allow even less competitive firms to persist, reducing the pressure to innovate and generate new jobs. Unemployment rises not only from job losses but also from a sharp decline in job creation. The current economic environment here is not conducive to entrepreneurial activity, which is important for generating new employment opportunities. To address these challenges, the government could introduce policies to boost investor confidence. Tax incentives, improved regulatory frameworks and political stability could boost investor confidence and stimulate job creation. Support for small and medium enterprises (SMEs), which are typically major employers, is crucial. Policies that facilitate easier access to credit, reduce bureaucratic barriers and encourage innovation could enable these businesses to thrive and create additional jobs. Government-sponsored employment programmes, such as public works projects, vocational training and skill development initiatives, can help absorb some of the unemployed workforce while enhancing their employability. Stronger regulatory frameworks are needed to combat cartelization, ensuring that only efficient companies succeed. This would foster a competitive business environment, leading to greater productivity and job creation. Diversifying the economy beyond traditional sectors like agriculture and textiles is equally important. Investing in technology, renewable energy and other emerging industries could create new job opportunities and reduce dependency on a few sectors, potentially boosting productivity .... https://lnkd.in/djisDP7f
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