Cutting Costs of Jobs to Save Your Wages

23 January 2009

While in our personal lives we may be cutting costs by staying in and no longer paying for entertainment like we used to, how do employees apply the same technique to their working lives?

Sometimes it can be a simple matter of changing bad habits.

For starters, traveling to and from work can be a hidden work expenses that can take a real chunk out of your wages. If you drive, car pooling is always an excellent option, although spending an extra hour with your co-workers may be cost you more mentally! However, there are excellent public transport options for many employees and employers, especially for those living in cities.

Although, the cost of public transport itself is now also rising so walking may also prove beneficial, both for expanding waistlines and your battered wallet.

Next on the chomping block, lunch! So many employees and employers spend their wages on buying their lunch. Say on average lunch costs $7 a day, that's $35 a week, or $140 a month. That's enough for a ticket to your favourite concert or at least dinner out on a Friday night. While a packed lunch may be boring it will undoubtedly be cheaper and healthier (another bonus for the waistline!).

When you think of your jobs and wages, think of all the small expenses you pay out of those wages. Making a list of all expenses associated with jobs, in particular those you wouldn't have if you did not work. How long does it take to drive to work? How much does the petrol cost? Does your job require that you own a suit or a uniform? Do you have to take holidays to cope with the stress due to jobs? What impact do all of these factors have on your wages?

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