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    Thread: PAY RASIES

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    1. #1
      Northeastconfederate's Avatar
      Northeastconfederate is offline Platinum
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      Default Re: PAY RASIES

      Quote Originally Posted by apbt549 View Post
      i was in a hurry this morining. this year has been a rough year. the end of our year was july and aug of last year and sales were off.. then sept started our new year and we got hit by hurricane irma and profit was off 100k.. yes that is profit not projected sales.. yes the year got better and the last i seen we dug ourself out of the hole the last i looked we were still in the hole by 20k or so. i was suprised the company gave out raises..

      i had another guy who is alot greener then the first guy he *****ed about his raise today and was upset how much he got. the dollar amount he makes he got alittle over 3% increase...
      To me, all of this needs to be considered; it's all relevant when it comes to pay increases, even though in many cases personal performance and company performance aren't directly related. If a company is not doing well - making money - it naturally wants to minimize costs, and one of a company's biggest costs is often its payroll. Employees need to bear this in mind. Under those circumstances getting a raise at all is a pretty strong show of appreciation from the company. By the same token, the company - upper management, I'm talking about a company as if it isn't a group of people - should be transparent about its earnings with its employees. That way, the employees are capable of looking at their raise or whatever in light of the big picture.

      Of course, there will always be those who are too short sighted and self centered to see anything but their own perspective and none of that will matter. These are the same people who always think management sucks and are out to get the help; the "us against them" crowd. Nothing you can do to help those people IMO.....

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    2. #2
      apbt549's Avatar
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      Default Re: PAY RASIES

      Quote Originally Posted by Northeastconfederate View Post
      To me, all of this needs to be considered; it's all relevant when it comes to pay increases, even though in many cases personal performance and company performance aren't directly related. If a company is not doing well - making money - it naturally wants to minimize costs, and one of a company's biggest costs is often its payroll. Employees need to bear this in mind. Under those circumstances getting a raise at all is a pretty strong show of appreciation from the company. By the same token, the company - upper management, I'm talking about a company as if it isn't a group of people - should be transparent about its earnings with its employees. That way, the employees are capable of looking at their raise or whatever in light of the big picture.

      Of course, there will always be those who are too short sighted and self centered to see anything but their own perspective and none of that will matter. These are the same people who always think management sucks and are out to get the help; the "us against them" crowd. Nothing you can do to help those people IMO.....

      Sent from my [device_name] using Fitnessgeared mobile app
      i agree with you.. one huge thing about this company we are an employed own company.. all of this making money and how much we have lost is something i give them weekly and monthly. over the last 2 years i have been working with the county to add on to our shop. the work with the county to allow us to do this has taken me 2.5 years to do and at the end of the day we started that this year in march and is going to cost us 350k and everyone knows this.. this is a huge expense and on top of this we are in the hole at the end of the year so far.. on top of this we have paid for everything out of pocket as a company. we havent borrowed any money from any bank it has been coming out of my branch checking account. how do i know i see the checks and approve them before they are cut i can tell you how much money we have in our branch bank account.. we are also self insured..

      i have been there going on 5 years now. this is the first time i have worked for an employee owned company and have seen such numbers and they want them shared with everyone in that branch.. i can also tell you how much our other branches have made or lost...

      like you said i feel this is there issue for not looking at the big picture...thanks for your opinion...

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