Companies like Equity Bank can afford to pay peanuts because we have a job market that is flooded with jobseekers. Employers are spoilt for choice in most fields and will hire staff at their terms. For employees the best they can do is to move when they feel they should get more than the employer is giving

That's a bad analogy because it means when you eventually become an employer, you'll shift from a slave to a slave driver. Most people start out as employees and gain something more valuable than money; experience.

My beef with this post is not on competition between one having his business as opposed to being employed I(in any case I am employed), both categories of people are needed for this world to remain at balance.

My beef is with the premise of this thread, complaining about multinationals and their pay....people have choices and the truth is most multinatinals have a better pay package that indegenous companies, below I am posting a story...it is very long but if you have time you can read through!!!