But it still irks the hell out of me, so I’m gonna say it.
I’m paid significantly more than most people in America - yet I’m still underpaid in my opinion. This statement does not preclude my belief that most people in America are underpaid by a larger margin than me.
I make $23/hr. On my labor, my boss charges anywhere from $89 to $179, depending on what I’m doing and when I’m doing it. To increase my pay by 15% would mean a lot to me. It would mean I could pay down debt, and save for car repairs. It would reduce his profits on this one aspect of the business by less than 2%. Profits on a revenue stream that accounts for less than 10% of the company’s total income. He spends 2% to give me a 15% bump. 2% of 10%. So basically turning nothing into something. Holy shit…
He has overhead, this is acknowledged. He wants to make a profit, this too is acknowledged. But…
I lose my sympathy for him in part because my company has multiple revenue streams. New equipment sales make up the lion’s share. Residual recurring sales make up some, as do parts sales. My labor hours are just there to keep people happy in between equipment purchases. But it’s more important to note because my labor hours represent a very small fraction of the company’s total revenue.
The owner is wealthy, as he proclaims, and could allow my company to not make another penny for 20 years and still keep the doors open. This smug arrogance is one of the reasons why we all think he’s such a dick.
Therefore, my share of the profits earned through my labor are in my opinion too low, and increasing my share of those profits would not negatively impact the company. The increased motivation on my part would lead to my labor hours generating more incidental profits (because I’d suggestively sell things since I believe in my oh-so-great company) - but the boss don’t see it that way. He only sees his costs go up. Because he’s a penny pincher. A scrooge. A miser. A jew. No really, he’s a jew, and I only mention this because he touts it as one reason for his financial skills being so far above everyone else’s - though he’s probably failing at tongue in cheek humor as most rich pricks do by sounding as though he believes his words…
My capabilities exceed those of my coworkers by a large margin…ridiculously large. Yet my pay is only about 10% higher than theirs. daFUK?!? (nsfw)
Is this how the rich get richer, and the workers of the world are given just enough to keep us quiet?
How does this not ring true in their ears: “Pay me just enough to not quit, and I’ll work just enough to not get fired.”
Google pays above industry average. As do many other laughably profitable companies. Paying above industry average takes the money discussion off the table - it removes “perception of pay fairness” as an impediment to increased productivity.
MIRight?
So…flame away. First world problems. You’d kill to be paid that much. Stop whining. The man has a right to make as much money as he wants. :rolleyes: Still makes him a plutocratic douchenozzle.
Guess I’ll have to leverage my only asset. My time. Gotta start diversifying my portfolio…this bugger’s got a monopoly on me right now. If the returns on my investment don’t improve, I’m shuffling my cards. Protip - if you use the same language rich people use it makes you sound like you’re not “quitting over pay”; you’re “reallocating your most profitable resources”.