f7ben Posted May 14, 2018 Author Share Posted May 14, 2018 1 hour ago, Highmark said: I'm not calling him liar but damn that's some good scratch for someone who has swing shifts. Slinger always likes to call me a liar he gets slapped down every single time Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted May 14, 2018 Share Posted May 14, 2018 29 minutes ago, f7ben said: I work 2400 hours per year give or take 30-40....I am scheduled for 2280 hours per year and if you throw shutdowns and vacation coverage in it works out to another 10-12 shifts per year I know how it works and have a reasonable view. Guys like you are paid and hourly wage plus whatever OT you can get. FYI, I think you have an awesome compensation package. Guys like SR and Drift are paid strictly by commission, there is no base salary, no OT, and likely no bonus based on how the company performs, beyond what the individual can produce. Their pay really is not limited. If they are really good at what they do, they will do extremely well, otherwise they will be in beta territory. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member SnowRider Posted May 14, 2018 Platinum Contributing Member Share Posted May 14, 2018 11 minutes ago, ArcticCrusher said: I know how it works and have a reasonable view. Guys like you are paid and hourly wage plus whatever OT you can get. FYI, I think you have an awesome compensation package. Guys like SR and Drift are paid strictly by commission, there is no base salary, no OT, and likely no bonus based on how the company performs, beyond what the individual can produce. Their pay really is not limited. If they are really good at what they do, they will do extremely well, otherwise they will be in beta territory. You’re wrong.....big time So fucking clueless..... Quote Link to comment Share on other sites More sharing options...
Rod Posted May 14, 2018 Share Posted May 14, 2018 Just now, SnowRider said: You’re wrong.....big time So fucking clueless..... Prove him wrong then. Step 1: you can’t! Quote Link to comment Share on other sites More sharing options...
jammin Posted May 14, 2018 Share Posted May 14, 2018 Nice income Ben. Quote Link to comment Share on other sites More sharing options...
SSFB Posted May 14, 2018 Share Posted May 14, 2018 1 minute ago, jammin said: Nice income Ben. He has $17.93 left over after Coors Light expenditures. 2 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member SnowRider Posted May 14, 2018 Platinum Contributing Member Share Posted May 14, 2018 4 minutes ago, Rod Johnson said: Prove him wrong then. Step 1: you can’t! What kind of wager do you wanna make... Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted May 14, 2018 Share Posted May 14, 2018 4 minutes ago, SnowRider said: You’re wrong.....big time So fucking clueless..... Guys with a base are limp riders. I thought I was actually giving you a compliment. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted May 14, 2018 Share Posted May 14, 2018 1 minute ago, SnowRider said: What kind of wager do you wanna make... Oh no. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member SnowRider Posted May 14, 2018 Platinum Contributing Member Share Posted May 14, 2018 1 minute ago, ArcticCrusher said: Guys with a base are limp riders. I thought I was actually giving you a compliment. You’ve got no clue how my comp works.....that was the point. I do quite well as do many others on here. Quote Link to comment Share on other sites More sharing options...
NaturallyAspirated Posted May 14, 2018 Share Posted May 14, 2018 4 minutes ago, SSFB said: He has $17.93 left over after Coors Light expenditures. Neal Quote Link to comment Share on other sites More sharing options...
Woodtick Posted May 14, 2018 Share Posted May 14, 2018 (edited) 1 hour ago, f7ben said: I work 2400 hours per year give or take 30-40....I am scheduled for 2280 hours per year and if you throw shutdowns and vacation coverage in it works out to another 10-12 shifts per year I work 2000 - 2200. I would have to look into the double and time and a half break down, For actual hours worked. What people don’t get, the more hours I work, the faster my pension and 401k grow. The young guys just don’t get it. Edited May 14, 2018 by Woodtick Quote Link to comment Share on other sites More sharing options...
Dave Posted May 14, 2018 Share Posted May 14, 2018 6 minutes ago, SnowRider said: You’ve got no clue how my comp works.....that was the point. I do quite well as do many others on here. Then why are you buying an old sled with next to 0 knowledge of sled Mechanics? Ben likes to fuck with old stuff...you on the other hand couldnt change a fuse and were in a panic because said sled didnt have a factory toolkit...which is basically useless except when in pinch. Quote Link to comment Share on other sites More sharing options...
f7ben Posted May 14, 2018 Author Share Posted May 14, 2018 13 minutes ago, ArcticCrusher said: I know how it works and have a reasonable view. Guys like you are paid and hourly wage plus whatever OT you can get. FYI, I think you have an awesome compensation package. Guys like SR and Drift are paid strictly by commission, there is no base salary, no OT, and likely no bonus based on how the company performs, beyond what the individual can produce. Their pay really is not limited. If they are really good at what they do, they will do extremely well, otherwise they will be in beta territory. My particular company and NUCOR steel which our founders came from have a very unique bonus structure. It is referred to as a highly variable cost structure by the bean counters. Over 60% of our wage is based on weekly production. I have a base wage and then the weekly production is a % of your base wage added to your weekly wage calculation. We are also paid what is referred to as a conversion bonus that is paid out monthly as is a reflection of our material utilization and efficiency for the month. In short....when the company does well the employee reaps the benefits in a very direct way. When times are tough....you will make less money and this helps mitigate some of the impact for the bottom line of the company. It is part of the reason we remain profitable and viable even in the toughest of times. Level 2 electrician base pay = $22.40 Weekly production has averaged between 130-140% since I have been down here and conversion bonus has averaged around 20% for the last 3 years or so. Hourly compensation for my position has run between $50-60 per hour depending on how orders are since I have been here. When you add in the fact that I have scheduled OT built in that is paid at 1.5x the above figures you can see how it adds up quickly. Then you add in stock awards , profit share , special bonuses and the 401k match and you start to get into some really insane figures for yearly compensation for an average dummy working with his hands. All hourly employees that are non-union enjoy these same benefits If all companies treated their employees in the manner in which we are treated the GDP of this country would explode and working people would feel valued and overcompensated instead of the opposite 1 Quote Link to comment Share on other sites More sharing options...
Mileage Psycho Posted May 14, 2018 Share Posted May 14, 2018 5 hours ago, f7ben said: there 5 hours ago, DAVE said: Jesus fak...thats good coin. Quote Link to comment Share on other sites More sharing options...
f7ben Posted May 14, 2018 Author Share Posted May 14, 2018 5 minutes ago, Woodtick said: I work 2000 - 2200. I would have to look into the double and time and a half break down, For actual hours worked. I would prefer to work about that amount but its just not possible with how lean we run staffing wise. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted May 14, 2018 Share Posted May 14, 2018 7 minutes ago, SnowRider said: You’ve got no clue how my comp works.....that was the point. I do quite well as do many others on here. No I don't but I do know what a few guys who actually hit their quotas by May and the income you alluded to have as a deal. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member SnowRider Posted May 14, 2018 Platinum Contributing Member Share Posted May 14, 2018 (edited) 3 minutes ago, f7ben said: My particular company and NUCOR steel which our founders came from have a very unique bonus structure. It is referred to as a highly variable cost structure by the bean counters. Over 60% of our wage is based on weekly production. I have a base wage and then the weekly production is a % of your base wage added to your weekly wage calculation. We are also paid what is referred to as a conversion bonus that is paid out monthly as is a reflection of our material utilization and efficiency for the month. In short....when the company does well the employee reaps the benefits in a very direct way. When times are tough....you will make less money and this helps mitigate some of the impact for the bottom line of the company. It is part of the reason we remain profitable and viable even in the toughest of times. Level 2 electrician base pay = $22.40 Weekly production has averaged between 130-140% since I have been down here and conversion bonus has averaged around 20% for the last 3 years or so. Hourly compensation for my position has run between $50-60 per hour depending on how orders are since I have been here. When you add in the fact that I have scheduled OT built in that is paid at 1.5x the above figures you can see how it adds up quickly. Then you add in stock awards , profit share , special bonuses and the 401k match and you start to get into some really insane figures for yearly compensation for an average dummy working with his hands. All hourly employees that are non-union enjoy these same benefits If all companies treated their employees in the manner in which we are treated the GDP of this country would explode and working people would feel valued and overcompensated instead of the opposite But Glassdoor says otherwise....... Edited May 14, 2018 by SnowRider Quote Link to comment Share on other sites More sharing options...
f7ben Posted May 14, 2018 Author Share Posted May 14, 2018 1 minute ago, SnowRider said: Burn Glassdoor says otherwise....... Oh come on.....that was funny Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted May 14, 2018 Share Posted May 14, 2018 3 minutes ago, f7ben said: My particular company and NUCOR steel which our founders came from have a very unique bonus structure. It is referred to as a highly variable cost structure by the bean counters. Over 60% of our wage is based on weekly production. I have a base wage and then the weekly production is a % of your base wage added to your weekly wage calculation. We are also paid what is referred to as a conversion bonus that is paid out monthly as is a reflection of our material utilization and efficiency for the month. In short....when the company does well the employee reaps the benefits in a very direct way. When times are tough....you will make less money and this helps mitigate some of the impact for the bottom line of the company. It is part of the reason we remain profitable and viable even in the toughest of times. Level 2 electrician base pay = $22.40 Weekly production has averaged between 130-140% since I have been down here and conversion bonus has averaged around 20% for the last 3 years or so. Hourly compensation for my position has run between $50-60 per hour depending on how orders are since I have been here. When you add in the fact that I have scheduled OT built in that is paid at 1.5x the above figures you can see how it adds up quickly. Then you add in stock awards , profit share , special bonuses and the 401k match and you start to get into some really insane figures for yearly compensation for an average dummy working with his hands. All hourly employees that are non-union enjoy these same benefits If all companies treated their employees in the manner in which we are treated the GDP of this country would explode and working people would feel valued and overcompensated instead of the opposite Very good company you work for. FYI, I treat my employees better, ontop of wages and OT, they got a 40% bonus. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted May 14, 2018 Share Posted May 14, 2018 2 minutes ago, f7ben said: Oh come on.....that was funny Glassdoor was begging me for a salary, before allowing me full access. I sure that info is on the money. Quote Link to comment Share on other sites More sharing options...
f7ben Posted May 14, 2018 Author Share Posted May 14, 2018 1 minute ago, ArcticCrusher said: Very good company you work for. FYI, I treat my employees better, ontop of wages and OT, they got a 40% bonus. Find good people.....treat them well and they will make you piles of money if you put them in a position to. Its pretty simple Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted May 14, 2018 Share Posted May 14, 2018 Just now, f7ben said: Find good people.....treat them well and they will make you piles of money if you put them in a position to. Its pretty simple Sounds simple, not always. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted May 14, 2018 Platinum Contributing Member Share Posted May 14, 2018 No it isn't. Every employee has a weakness. Its a matter of figuring it out and developing a plan to work with / around it. Quote Link to comment Share on other sites More sharing options...
f7ben Posted May 14, 2018 Author Share Posted May 14, 2018 Just now, steve from amherst said: No it isn't. Every employee has a weakness. Its a matter of figuring it out and developing a plan to work with / around it. I've always said that people in leadership positions have one job. To understand that every person is capable of something different .....and to get 100% of whatever that person is capable of out of them and then to make the feel valued for it. Quote Link to comment Share on other sites More sharing options...
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