20/10/2004
Al-Akhbar Newspaper 2004/OCTOBER /20
Some short-sighted people erroneously believe that as long as the productivity of the worker is stable there is no need to increase his salary, because cost and revenue are the criterion of evaluation. It is an indubitable fact that cost and revenue must be arithmetically balanced. ( Available in Arabic
The more the performance of the worker is improved the faster he moves up the ladder of technical skills and the value of industrial process he is entrusted with. Management experts believe that the lifespan of any industrial institution is estimated at about 15 years during which the technical character of the worker will grow in association of the scope of excellence. Lifecycle of the product and the functional lifecycle of the employee and the worker are the means of the rebirth of any institution. Human development experts believe that to make a success of any industrial institution they have to procure the institution the best human elements at the suitable cost and to maintain the supremacy of the human capital which is the pride of every institution.