KS's Global Insights into Higher Education

Within the capitalist system, the functioning of the world can be broadly divided into two parts: those who 'give money' and those who 'receive money'. Employers provide wages to employees, expecting corresponding or, at times, greater productivity in return. Those on the receiving end get paid as a reward for the added value and utility they provide to those who give the money. Consider the term 'draw' commonly used in a business environment, from this perspective. 'Draw', literally meaning 'a tie', represents a so-called 'honeymoon' period – a temporary phase where an employer tolerates the absence of corresponding returns to the resources invested, such as wages, training expenses, and employee benefits. This usually happens when a new employee is hired or moves to a new position. It's evident that generating immediate results commensurate with the received wage is not an easy task, regardless of the organization or the rank and st...