00:00Is a $100,000 monthly salary enough to justify an on-site job in Lagos, Nigeria today?
00:08No, never. That's never enough.
00:10Why?
00:11Let's look at the expenses that they are going to be incurring.
00:15Let's look at their basic necessities.
00:18Having in mind that we earn $70,000 as our minimum wage in this country,
00:21I'm sure that anybody who earns that $70,000 are doing all of that things.
00:26This is never enough.
00:27A $100,000 might be too small for you, but for another person, it might mean something.
00:32There are people who would appreciate a $100,000 salary who are probably still starting up.
00:36Empty something.
00:38With this current dispensation, with this current economy, $100,000 is not enough.
00:44It's something that cannot be managed because you have to be dependent.
00:48So that's why you see that people keep asking or keep begging other people just to leave.
00:54I've also seen situations where employers would say, okay, we cannot afford to pay this amount of money.
01:00I mean, the company is still starting up, and we believe there are those who would appreciate this.
01:04So they put those...
01:05If you're starting up, don't start going $100,000.
01:07Sometimes we deliberately reduce this money to get the right guys.
01:11Yes, to get the right people to apply for this job.
01:13So do you need the right people to come and suffer?
01:15While I agree that $100,000 is not enough salary in this economy today.
01:20Now, the question is, at what point do you know that you've outgrown $100,000 and now you're ready for
01:25the big pay?
