ernest_t_bass
Posts: 24,984
Nov 1, 2013 2:14pm
Watching John Stossel, and a hypothetical was brought up, and it made me wonder.
Would you rather make $62,000/year, and be the highest paid employee at your business?
or
Would you rather make $64,000/year, and be the lowest paid employee at your business?
(Just answer the damn question, sleeper)
Would you rather make $62,000/year, and be the highest paid employee at your business?
or
Would you rather make $64,000/year, and be the lowest paid employee at your business?
(Just answer the damn question, sleeper)
Pick6
Posts: 14,946
Nov 1, 2013 2:16pm
I'd say the benefit of being the highest paid employee at your business comes with a ton of power and freedom, so the 2 grand less is def worth it.
/thread
/thread
Laley23
Posts: 29,506
Nov 1, 2013 2:19pm
But also more responsibility and probably tougher job.Pick6;1527571 wrote:I'd say the benefit of being the highest paid employee at your business comes with a ton of power and freedom, so the 2 grand less is def worth it.
/thread
Lowest paid employee can probably get away without doing shit and has a job they dont even have to think for.
Thread back open!
ernest_t_bass
Posts: 24,984
Nov 1, 2013 2:19pm
Are they the first to be let go?Laley23;1527573 wrote:But also more responsibility and probably tougher job.
Lowest paid employee can probably get away without doing shit and has a job they dont even have to think for.
Thread back open!
SportsAndLady
Posts: 35,632
Nov 1, 2013 2:20pm
Lowest paid employee means you are in trouble if the company cuts down jobs.
Pick6
Posts: 14,946
Nov 1, 2013 2:22pm
Mostly, but I've also heard of situations where employees with higher salary have been let go to replace them with cheaper labor.SportsAndLady;1527576 wrote:Lowest paid employee means you are in trouble if the company cuts down jobs.
ZWICK 4 PREZ
Posts: 7,733
Nov 1, 2013 2:23pm
how so?SportsAndLady;1527576 wrote:Lowest paid employee means you are in trouble if the company cuts down jobs.
in my past experiences it's more job title than pay as they eliminate positions.
Q
queencitybuckeye
Posts: 7,117
Nov 1, 2013 2:29pm
64 > 62. Everything else are intangibles I don't care about.
Raw Dawgin' it
Posts: 11,466
Nov 1, 2013 2:36pm
More money and more room to move up. I voted lowest.
sleeper
Posts: 27,879
Nov 1, 2013 2:41pm
I've done a similar thread on here but too lazy to find it. It has to do with people desiring superior wealth relative to their peers instead of being happy with just more money.
But to answer the question, I'd never want to be the highest paid employee at a company that can only offer $62,000/yr to that position. What are selling here, men's tampons?
But to answer the question, I'd never want to be the highest paid employee at a company that can only offer $62,000/yr to that position. What are selling here, men's tampons?
I
I Wear Pants
Posts: 16,223
Nov 1, 2013 3:02pm
Seriously, the lowest paid employee scenario not only makes more money but also has the upside of more room for growth.sleeper;1527591 wrote:I've done a similar thread on here but too lazy to find it. It has to do with people desiring superior wealth relative to their peers instead of being happy with just more money.
But to answer the question, I'd never want to be the highest paid employee at a company that can only offer $62,000/yr to that position. What are selling here, men's tampons?
Pick6
Posts: 14,946
Nov 1, 2013 3:09pm
I think the lowest paid employee has limited growth opportunities, while the highest paid employee (assuming business owner) has exponential room for growth.I Wear Pants;1527608 wrote:Seriously, the lowest paid employee scenario not only makes more money but also has the upside of more room for growth.
I
I Wear Pants
Posts: 16,223
Nov 1, 2013 3:37pm
The lowest paid employee is likely able to move up the ranks and get raises, etc. And when I think of employees I don't think of the owner.Pick6;1527612 wrote:I think the lowest paid employee has limited growth opportunities, while the highest paid employee (assuming business owner) has exponential room for growth.
GoChiefs
Posts: 16,754
Nov 1, 2013 3:40pm
Give me the most money.
Pick6
Posts: 14,946
Nov 1, 2013 4:01pm
That's a good point of clarity that's needed for the discussion. If that's how you interpret it, then I would tend to agree. BUT, I still believe you have opportunities if you are the highest paid employee. For example a partnership. I'll use public accounting just because that's what I have experience with. If you are a Senior Manager, which technically is the highest paid "employee", the next advancement usually is to contribute capital to the partnership and become and owner, while simultaneously at least increasing your income 3x.I Wear Pants;1527624 wrote:The lowest paid employee is likely able to move up the ranks and get raises, etc. And when I think of employees I don't think of the owner.
The more I think about it, the more I think it depends on the situation.
ETB- what are your thoughts?
ernest_t_bass
Posts: 24,984
Nov 1, 2013 4:24pm
My thoughts are, after reading through this thread, I'd change my decision, however, if people had to make the rash decision right away, I feel they would choose differently.Pick6;1527641 wrote:ETB- what are your thoughts?
Rotinaj
Posts: 7,699
Nov 1, 2013 5:33pm
This is how I feel. Nowhere to go but up if you are lowest paid.I Wear Pants;1527624 wrote:The lowest paid employee is likely able to move up the ranks and get raises, etc. And when I think of employees I don't think of the owner.
S
Sonofanump
Nov 1, 2013 9:17pm
This.I Wear Pants;1527624 wrote:The lowest paid employee is likely able to move up the ranks and get raises, etc. And when I think of employees I don't think of the owner.
SportsAndLady
Posts: 35,632
Nov 1, 2013 9:53pm
But if the highest paid is 2k more than you, how much higher of pay can you get?
Pick6
Posts: 14,946
Nov 1, 2013 9:56pm
huh?SportsAndLady;1527764 wrote:But if the highest paid is 2k more than you, how much higher of pay can you get?
Rotinaj
Posts: 7,699
Nov 1, 2013 10:00pm
I think hes looking for the drunj check in thread.Pick6;1527765 wrote:huh?
SportsAndLady
Posts: 35,632
Nov 1, 2013 10:05pm
The highest paid person in the company is 64. You're at 62 and the lowest. Meaning their range is 2 grand. Meaning, can you really expect to make 100 grand soon, when they only pay the highest paid person 64?
Pick6
Posts: 14,946
Nov 1, 2013 10:06pm
Rotinaj;1527767 wrote:I think hes looking for the drunj check in thread.
I agree with Rotinaj lol. Have a good one S&LSportsAndLady;1527768 wrote:The highest paid person in the company is 64. You're at 62 and the lowest. Meaning their range is 2 grand. Meaning, can you really expect to make 100 grand soon, when they only pay the highest paid person 64?
GOONx19
Posts: 7,147
Nov 1, 2013 10:06pm
I was assuming these were two different companies.
Rotinaj
Posts: 7,699
Nov 1, 2013 10:24pm
You may want to read the OP again brochacho.SportsAndLady;1527768 wrote:The highest paid person in the company is 64. You're at 62 and the lowest. Meaning their range is 2 grand. Meaning, can you really expect to make 100 grand soon, when they only pay the highest paid person 64?