That’s like what happens when someone wants to sell their WISP, they say here is what I want to get out of it, because of what I put into it or what I need to pay off creditors or to retire. But the seller doesn’t care about any of that, they care about revenue and EBITDA.
Some employers will factor in what an employee needs, but that’s what led to paying men more than women because of the assumption men need more because they have a family to support. That’s an outdated concept. Pay is based on contribution to profits and market value of similar labor. In other words, if you bring in lots of dollars, but somebody in India will do it for 1/10 of your salary, you’re still screwed. Note that some certifications don’t cost a lot, self-study and pay a nominal amount to take a computerized test. I got my Cisco certs that way, and I made sure I studied so I would pass the first time because every test came out of my pocket. Also some community colleges have cert programs that don’t cost a lot. From: That One Guy via Af Sent: Friday, October 03, 2014 12:45 PM To: [email protected] Subject: Re: [AFMUG] valuing a pay increase Certifications situation sucks, the boss wont pay and I dont have the dough, I make just enough to be ineligible for the free government dough, but thats kind of the american way Thats what im still trying to grasp, is the point of the employee pay to keep up the same purchasing power through minimal cost of living or to progressively increase it. I know it varies by economy and industry and area, but just curious in general from the employer perspective, I know from my employee perspective I want to be able to jack my house up and dig a new 10 foot basement. On Fri, Oct 3, 2014 at 10:53 AM, Mike Hammett via Af <[email protected]> wrote: While I don't have any employees, I'd assume what's fair is (assuming the cash flow to allow it) annual raises held to CPI, then add or subtract based on merit. ----- Mike Hammett Intelligent Computing Solutions http://www.ics-il.com ------------------------------------------------------------------------------ From: "That One Guy via Af" <[email protected]> To: [email protected] Sent: Thursday, October 2, 2014 9:49:20 PM Subject: [AFMUG] valuing a pay increase im curious from the small business owner, which I assume most of you owners on the list consider yourselves, how do you value a pay increase? (assume its an employee that is worth their salt) Do you try to just keep it where the employee has the same spending power, ie just cost of living to match inflation, percentage based, profit based, set value? In discussions with the boss about future he mentioned a number, for shits and giggles I compared what my last raise is worth today. I havent had a raise in 2.5 years, and based on the government calculators what I make now was worth 80 cents more 2.5 years ago than it is now. The number he said was a dollar, which under normal curcumstances to po folk like me isnt a small raise. but when I looked at the numbers, that dollar only puts me 20 cents up on where I was 2.5 years ago, that 8 cents a year in increased purchasing power. That kind of boils down to an insult. Or is that the wrong way to look at the value of the potential pay increase? I have never believed in asking an employer for a raise, my thoughts have always been that an employer thats a good employer will pay you what they think your worth to them, apparently im worth 8 cents -- All parts should go together without forcing. You must remember that the parts you are reassembling were disassembled by you. Therefore, if you can't get them together again, there must be a reason. By all means, do not use a hammer. -- IBM maintenance manual, 1925 -- All parts should go together without forcing. You must remember that the parts you are reassembling were disassembled by you. Therefore, if you can't get them together again, there must be a reason. By all means, do not use a hammer. -- IBM maintenance manual, 1925
