Originally posted by creepycrawlie:
It is not the diploma holders that are affected by the poor economy
but degree holders too. The job market is flooded with all sort of
people from those with tons of experiences to those fresh out from
school. Being in the recruitment business I cannot deny the fact
that companies are looking for people that are cheap and
good.
I met one which pays me the right price.
And these are usually those people with 1-2 years working
experiences. But ultimately it is not the qualification
that you have that matters but your ability to contribute to the
organisation.
Agree fully. This is very important criteria now, especially for
Medium & Small Enterprise. As far as I know, only MNC or GLC
are willingly to accept fresh with no experience but got potential.
These big guys got the resouces.
The problem with many graduates (poly or degree holders) is that
they dun know what they want and what they can contribute. They
simply apply for any jobs available. I do understand the market is
bad, but employers want people who can help their organisation to
grow. So when going for interviews, remember to go with a clear
knowledge of what you can give and your skills, because this is
your only time to impress.
Very true.
How much you are paid usually depends on your worth. Usually
they will pay you slightly lesser than market value when you first
start working. Until you prove your abilities then they will then
increase your salary after probation.
I think my company pays me the right price. 
creepycrawlie, you are very experienced in your job! 
Good Analysis....