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Post by deadeer on Dec 6, 2021 12:33:20 GMT -5
What really ticks me off is somebody making $15/hr at McDonalds to drop fries, and I make under $30 to keep the wheels turning on semi's and making our business run smooth NO MATTER WHAT. I think theres a big problem with the responsibility factor between cooking a burger and me being ASE certified and company welding certified and hope I dont forget to tighten something and a runaway truck killing people. My dedication, work ethic, and loyalty should separate my wage from a burger flipper a little more, in my very humble opinion. You shouldn’t be mad at burger flippers you should be mad at the people paying you IMO Fast food jobs should NEVER be considered a career job that needs a living wage. They should be a stepping stone to learning work ethics and proving yourself and getting on the right track in life. NOT saying the world doesnt need them, just that if that's all you are gonna be, good luck. Sure cant blame my current employer. They bought us out 2 years ago and I am making over $3/hr more now. So I dont blame the flipper, I blame the news, social media, and all the pansy-asses for pretty much all the crap going on nowadays that has taken us away from a great country and hard working, decent, ethically right thinking that built this country.
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Post by 36fan on Dec 6, 2021 23:18:44 GMT -5
Last year the state had $3.9 BILLION surplus. State employees got a 1% raise. Working for the state has some benefits, but the pay isn't one of them. It's embarrassing. My boss told us last week our office is considering giving free coffee and water as a way to retain staff. That is so pathetic I can't believe upper management even announced it. I'm currently sitting in a waiting room for a physical for my new employer. New gig starts Jan 10 doing environmental emergency response. 🙂 State Personnel Department and our Governor's "raise" of 1% is the bigger part of why I left INDOT after 20 years. I took a position as a statewide subject matter expert and was no longer over just the right of way department at the district. SPD denied any request for a pay raise even by my new supervisor and his department director. The very last straw was the 1% pay raise announcement for 2021. I went to work for a consultant doing mostly what I was already doing at INDOT and got a 40% pay increase. It was certainly a blessing as we would not have been able to pay the health insurance out of pocket amounts without the raise. Maybe this year it will feel like I got a raise! As far as the benefits: 1. Health Insurance- premium payments + out of pocket maximum is almost exactly the same as it was at INDOT 2. PTO- I asked for my 5 weeks a year off and got it without any negotiation. On top of that it is all PTO and I don't deal with the doctor's notes for sick time over 2 days or losing a bunch of sick time that is accrued because the State won't pay for the sick time when you quit. 3. Retirement- the company matches my retirement up to a certain percentage like the State used to do before they quit the match. The State used to be able to brag that they had better benefits, but not any more!! I've been at IDEM (I Don't Earn Much) for over 15 years. I got ~35% pay increase, and any time over 42 hrs is paid straight time OT, plus bonuses. Insurance premiums are more expensive, but the new company has a lower deductible. They also maxed out PTO time for me without negotiating. A few years ago I was a section chief and hired back a very good 10 year IDEM employee after she left for a year. She came back one position lower than when she left. I had to fight to get her pay to be 9% less than when she left. They wanted to stay her over at the bottom of the pay scale!!!
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Post by esshup on Dec 7, 2021 1:13:34 GMT -5
This is the very reason why I went to work for myself. I was tired of being told times are tough, we have to cut your pay but at the same time they were handing out bonuses to the executives and not cutting their pay. We took a 10% pay cut with the promise that when times got better the pay would be reinstated. It never was. We'd get 1%-2% annual raise and that's it.
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Post by esshup on Dec 7, 2021 1:16:01 GMT -5
Unfortunately that doesn't take into account food or energy price increases. What would that figure be for 2021 if food and energy was added to it? I'm talking about electricity, natural gas, propane and gasoline/diesel fuel. I also heard that the Feds changed the way inflation was calculated a few times since the 1950's. Any idea how that formula changed?
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Post by medic22 on Dec 7, 2021 9:36:37 GMT -5
Unfortunately that doesn't take into account food or energy price increases. What would that figure be for 2021 if food and energy was added to it? I'm talking about electricity, natural gas, propane and gasoline/diesel fuel. I also heard that the Feds changed the way inflation was calculated a few times since the 1950's. Any idea how that formula changed? If the feds changed the way a measurement like inflation is calculated, just assume it was changed to make numbers look better then they are
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Post by sculver7 on Dec 7, 2021 10:22:40 GMT -5
This is the very reason why I went to work for myself. I was tired of being told times are tough, we have to cut your pay but at the same time they were handing out bonuses to the executives and not cutting their pay. We took a 10% pay cut with the promise that when times got better the pay would be reinstated. It never was. We'd get 1%-2% annual raise and that's it. This is what I have been contemplating for about 6 months now. I have a construction business that I do on the side and the amount of work people want done right now is absolutely insane. I have not decided yet to leave my current job (hard to leave 80K+/year, great insurance, matching 401k, and pension) however, I am sick of corporate decisions that constantly crap on the people who do 90% of the work. For instance, according to the company's own pay scale that they cam eup with for my position, I am roughly $10,000/year underpaid. At that same time that they denied my request to have a pay increase based on their figures, I had to design a fairly sizeable job because we had to spend $430,000 by the end of the year to keep our not-for-profit status. It's aboslutely infuriating. I know that the job has a lot of good perks and I am grateful for it, but having to put up with the bull crap and disrespect that comes along with it... it's getting extremely old.
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Post by esshup on Dec 7, 2021 10:54:25 GMT -5
sculver7, the thing that I learned the quickest about working for yourself is that it is NOT an 8 hour a day workday.
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Post by sculver7 on Dec 7, 2021 10:58:19 GMT -5
sculver7, the thing that I learned the quickest about working for yourself is that it is NOT an 8 hour a day workday. That's for sure... But right now between my normal job and my side work, I've been working like 12-14 hour days, so I'd probably still work less overall. HAHA
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Post by greghopper on Dec 7, 2021 11:08:43 GMT -5
sculver7, the thing that I learned the quickest about working for yourself is that it is NOT an 8 hour a day workday. Yes and your usually make more money but most the time you’re only holding it before paying the bills.
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Post by jjas on Dec 7, 2021 11:28:37 GMT -5
This is the very reason why I went to work for myself. I was tired of being told times are tough, we have to cut your pay but at the same time they were handing out bonuses to the executives and not cutting their pay. We took a 10% pay cut with the promise that when times got better the pay would be reinstated. It never was. We'd get 1%-2% annual raise and that's it. This is what I have been contemplating for about 6 months now. I have a construction business that I do on the side and the amount of work people want done right now is absolutely insane. I have not decided yet to leave my current job (hard to leave 80K+/year, great insurance, matching 401k, and pension) however, I am sick of corporate decisions that constantly crap on the people who do 90% of the work. For instance, according to the company's own pay scale that they cam eup with for my position, I am roughly $10,000/year underpaid. At that same time that they denied my request to have a pay increase based on their figures, I had to design a fairly sizeable job because we had to spend $430,000 by the end of the year to keep our not-for-profit status. It's aboslutely infuriating. I know that the job has a lot of good perks and I am grateful for it, but having to put up with the bull crap and disrespect that comes along with it... it's getting extremely old. I've had friends over the years that have gone to work for themselves. In every case, when they factored in "wearing multiple hats", 401k, health care, slow times, etc., they were losing money and the time invested ended up being way beyond what they were working @ their previous jobs. In the end, it's obviously your decision and I certainly wish you the very best but sometimes being "the boss" isn't worth the trouble.
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Post by sculver7 on Dec 7, 2021 16:32:25 GMT -5
This is what I have been contemplating for about 6 months now. I have a construction business that I do on the side and the amount of work people want done right now is absolutely insane. I have not decided yet to leave my current job (hard to leave 80K+/year, great insurance, matching 401k, and pension) however, I am sick of corporate decisions that constantly crap on the people who do 90% of the work. For instance, according to the company's own pay scale that they cam eup with for my position, I am roughly $10,000/year underpaid. At that same time that they denied my request to have a pay increase based on their figures, I had to design a fairly sizeable job because we had to spend $430,000 by the end of the year to keep our not-for-profit status. It's aboslutely infuriating. I know that the job has a lot of good perks and I am grateful for it, but having to put up with the bull crap and disrespect that comes along with it... it's getting extremely old. I've had friends over the years that have gone to work for themselves. In every case, when they factored in "wearing multiple hats", 401k, health care, slow times, etc., they were losing money and the time invested ended up being way beyond what they were working @ their previous jobs. In the end, it's obviously your decision and I certainly wish you the very best but sometimes being "the boss" isn't worth the trouble. Trust me, I've already run through every possibility. The thing is, I'm just not going to be happy until I'm working for my self. I totally understand what you guys are saying and probably a lot of people would say this without it being true, however, I am not built to work for someone else. I don't say this in an arrogant way and honestly, working for myself scares the crap out of me. That being said, it's what I'm built to do. I appreciate everyone's thoughts. Still trying to decide what to do.
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Post by esshup on Dec 7, 2021 16:45:25 GMT -5
sculver7, I would go talk to a good accountant and learn the ins and outs of working for yourself. As in what taxes there are, insurance, etc., etc.
When I was starting out, I was told to price my hourly rate at what it took to pay my bills for that month in 15 working days. You don't get paid to sit in the office doing paperwork, doing quotes, talking on the phone with customers or potential customers, etc. As you know, there is a tremendous amount of time spent doing all the behind the scenes stuff (ordering material, making sure all the permit papers are filled out and filed, etc.).
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Post by freedomhunter on Dec 7, 2021 16:45:29 GMT -5
I picked myself up off the ground in 2008 after losing 15 years of work for a company that went belly up. Really had to start over with my own business from nothing but a few clients that I kept and went from there. I have done well but it takes a lot of discipline and sacrifice. Being half crazy helps.
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Post by sculver7 on Dec 7, 2021 17:15:08 GMT -5
sculver7, I would go talk to a good accountant and learn the ins and outs of working for yourself. As in what taxes there are, insurance, etc., etc. When I was starting out, I was told to price my hourly rate at what it took to pay my bills for that month in 15 working days. You don't get paid to sit in the office doing paperwork, doing quotes, talking on the phone with customers or potential customers, etc. As you know, there is a tremendous amount of time spent doing all the behind the scenes stuff (ordering material, making sure all the permit papers are filled out and filed, etc.). I appreciate that. I have been in discussion with a CPA for the past 6 months on the accounting side of things. I have an extremely broad network of 1. other people in the industry that I have been working with and running ideas past for a couple years now and 2. a very large client base I have already done work for or that have reached out to me for work. I know that all of these things don't mean that a business will be successful or not, but it definitely puts my mind at ease a every so slightly. I am not sure what the future looks like or if I'll go for it or not, but it's definitely something I'm working toward. I appreaciate the input.
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Post by dawnpatrol on Dec 7, 2021 18:14:45 GMT -5
We've all thought it, all these sign on bonuses for new hires, where's the bonus for the faithful? I won't go into details why, but my company is offering a retention bonus for current employees with a 2 year agreement. I wasn't planning on leaving so I'll sign it. Well as soon as I do my washer craps out. Now I have to adult instead of irresponsibly spending my money on tattoos and archery. Lol....i had 0 tatoos until last week....now i have 6;)
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Post by jjas on Dec 7, 2021 19:02:51 GMT -5
I've had friends over the years that have gone to work for themselves. In every case, when they factored in "wearing multiple hats", 401k, health care, slow times, etc., they were losing money and the time invested ended up being way beyond what they were working @ their previous jobs. In the end, it's obviously your decision and I certainly wish you the very best but sometimes being "the boss" isn't worth the trouble. Trust me, I've already run through every possibility. The thing is, I'm just not going to be happy until I'm working for my self. I totally understand what you guys are saying and probably a lot of people would say this without it being true, however, I am not built to work for someone else. I don't say this in an arrogant way and honestly, working for myself scares the crap out of me. That being said, it's what I'm built to do. I appreciate everyone's thoughts. Still trying to decide what to do. If you decide to go for it, I wish you the very best.
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Post by span870 on Dec 8, 2021 6:03:51 GMT -5
sculver7, I would go talk to a good accountant and learn the ins and outs of working for yourself. As in what taxes there are, insurance, etc., etc. When I was starting out, I was told to price my hourly rate at what it took to pay my bills for that month in 15 working days. You don't get paid to sit in the office doing paperwork, doing quotes, talking on the phone with customers or potential customers, etc. As you know, there is a tremendous amount of time spent doing all the behind the scenes stuff (ordering material, making sure all the permit papers are filled out and filed, etc.). I appreciate that. I have been in discussion with a CPA for the past 6 months on the accounting side of things. I have an extremely broad network of 1. other people in the industry that I have been working with and running ideas past for a couple years now and 2. a very large client base I have already done work for or that have reached out to me for work. I know that all of these things don't mean that a business will be successful or not, but it definitely puts my mind at ease a every so slightly. I am not sure what the future looks like or if I'll go for it or not, but it's definitely something I'm working toward. I appreaciate the input. Here's my take my friend. Do it. Absolutely go for it. You obviously have the skill set to get either back in your job you have now or get a similar job to it. Here's what you have to lose. 20 years from now saying, I wish. Trust me. I was made to be a single father at 21 not by my choice. That put a stop to anything I wanted to take a risk on. I'm 46 now and don't think a day goes by I don't think about my "I wish's". All my "I wish's" were young man games. Do it or you'll regret it.
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Post by whitetail1 on Dec 8, 2021 13:21:54 GMT -5
I appreciate that. I have been in discussion with a CPA for the past 6 months on the accounting side of things. I have an extremely broad network of 1. other people in the industry that I have been working with and running ideas past for a couple years now and 2. a very large client base I have already done work for or that have reached out to me for work. I know that all of these things don't mean that a business will be successful or not, but it definitely puts my mind at ease a every so slightly. I am not sure what the future looks like or if I'll go for it or not, but it's definitely something I'm working toward. I appreaciate the input. Here's my take my friend. Do it. Absolutely go for it. You obviously have the skill set to get either back in your job you have now or get a similar job to it. Here's what you have to lose. 20 years from now saying, I wish. Trust me. I was made to be a single father at 21 not by my choice. That put a stop to anything I wanted to take a risk on. I'm 46 now and don't think a day goes by I don't think about my "I wish's". All my "I wish's" were young man games. Do it or you'll regret it. ^^^ Rock solid advise right there... I made the decision to start my own business almost 20 years ago, and was scared to death. But knew I would regret it if I didn't try. Now, I can't imagine working for anyone else. There's pros and cons to being self employed, but the pros greatly outweigh the cons in my opinion. Good luck in your decision, and best wishes if you decide to take that leap!
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Post by duff on Dec 8, 2021 17:51:32 GMT -5
I picked myself up off the ground in 2008 after losing 15 years of work for a company that went belly up. Really had to start over with my own business from nothing but a few clients that I kept and went from there. I have done well but it takes a lot of discipline and sacrifice. Being half crazy helps. Purdue math right there...I have met you. You are full on 100% crazy!
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Post by duff on Dec 8, 2021 19:58:41 GMT -5
US stocks vs inflation. We are experiencing similar levels as 70s and early 80s
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