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Thread: Capping out
06-10-2004, 11:14 AM #1
At my old place of employment, before I went on my lonesome, I reached the maximum pay scale. It was a bummer because I enjoyed working there. For me there was no ambition left and I started to become bored after 2 years with no raises. I still talk to the owner and his son once and a while because I did leave on good terms. There was just nothing keeping me there. Any of you guys had this happen?"If anybody can draw on the power, where do we put the meter?" - JP Morgan before pulling Tesla funding
06-10-2004, 11:46 AM #2
06-10-2004, 06:15 PM #3
what do you mean topped out?? they can always sweeten your deal. did you tell them you thought you deserved a little more.?? i have seen plenty of companies spending dollars to same their dimes..FILL OUT YOUR PROFILE!!
06-10-2004, 06:41 PM #4
I hear ya. It was a small company though. My impression is that he was advised by the accountant what the limitations are as far as pay. I capped at 22/hr plus 10% commission on parts and equipment. When things got slow in installation, it was like pulling teeth to get my service commission check. Peace."If anybody can draw on the power, where do we put the meter?" - JP Morgan before pulling Tesla funding
06-10-2004, 07:31 PM #5
If a bean counter was involved then the hourly wage amount was probably the issue.But there are other incentives- more time off, gas in personal cars,cell phones, gift certificates and or paid vacations trips. They could work these so it would be tax-free to you. So that would get you even more benefits from them. ie.-40.00 dollars a week in gas is more than a dollar a hour on your gross salary. Plus they would not have to match FICA. Hope that BIG BROTHER is reading this!
06-10-2004, 07:32 PM #6
Sounds to me like you had a nice job. 10% of wholesale, retail or entire job cost? Considering the headaches of self-employment I hope you don't someday regret your move. There is of course a certain satisfaction that comes with self-employment and living the American dream and all that. Best of luck to you.There is nothing more frightful than ignorance in action....Mark Twain