I run a small business (retail shop). I also have a totally unrelated job that pays well. My small business is just for fun. I make no profit from my small business and have “invested” $100k of my own money to get it started 10 years ago. I don’t expect to get that money back out of it. — I have 2 full-time employees and 2 half-time employees. I’ve told my 2 FT employees that they can set their own salary/pay-rate, but it’s their job to make sure the company stays in the black. Is this an appropriate thing to do?
Author: Olivia
Advice wanted: tip theft
I worked at a job in Montana last year and they paid $X/hr with a guaranteed $Y/hr in tips for all employees. I’ve worked in jobs that had guaranteed tip rates before, but typically it worked out where if the tips for a period were below the guarantee, the company would cover the difference, and if it went over we would simply receive whatever the total tips were above the set amount. At this job however, the owner kept all tips above the set rate and used them for “employee services, team building events, and merit based bonuses” at the end of season that no one received. As someone that used our POS system, I know we were tipped more than we received (average tip rate while I was there was 25-30%) I’m just looking for any info on if this was illegal as I think it is, and if…
For the uninitiated: https://www.msn.com/en-in/entertainment/news/man-s-honest-reply-to-boss-on-why-he-hasn-t-worked-hard-is-winning-the-internet/ar-AATL5sa?ocid=msedgntp
I own a company. Do I run things fairly?
Our markup on products is 2.5x what we pay for them. Most money made on products is put back into the company whether through new products, employee wages, or a new store. All of our employees get a 401k and the same benefits of medical, dental, and vision (we pay 50% of everything). Sales associates get paid a flat rate of $15/hr plus commission on any products they sell. That way, they could earn a couple hundred bucks extra every pay period. Team Leaders make $16/hr plus commission. Our maintenance team makes $35/hr. Customer Service team makes $25/hr. Managers make $50,000/yr. District Managers make $60,000/yr. Regional Managers make $70,000/yr. Our VP makes $80,000/yr. The CEO (me) makes $90,000/yr.
To determine the value of my position I need to do my research. I also need to spend time planning and preparing for a negotiation. The more confidence I have that what I am asking for is reasonable and defensible, the less likely my arguments will be refuted or ignored. Some research to consider includes: What is the industry average for my position? Is https://www.bls.gov/ the best metric? What compensation do local competitors offer? Is it best to call around town and just ask how much people are being paid? What are the upper and lower limits of the pay scale for my position? This is a tightly kept secret in most companies. And trying to negotiate beyond the upper limit can be fruitless. How can I get this information? What do other people with the same level of responsibility at my organization make? I've asked around outside of hours…
I work 2 jobs and both know they are grossly underpaying me. 1 in IT and one in service industry. I used to make 1,200 a week just serving but since covid they moved to a way more shady tip pool and dangling getting our tips back. The IT job knew I was overqualified and still offered me well below what I need. Over the years I've acquired some skills working for random jobs, one of them being locksmithing. So I can get into places ( i haven't! ) but given that with two jobs over 60 hours a week no groceries , cant pay for my meds, I barely leave my place cause I can't afford it. Crime might just pay. Tldr: I shouldnt have to resort to crime to break even.
I work at a small coffee shop in a smallish town. I work full-time as a barista, making only $10/hr. I’m there 6 days a week, 6am-2pm. My supervisors are aware of my health issues, both mental & physical, and accommodate me when absolutely needed. I have only called out one other time after working there for 7 months, due to a family emergency. This morning, I woke up feeling nauseous, and had to relieve myself. Long story short, when I looked in the mirror, I saw things crawling all over me. It felt like a switch went off in my brain, and I started hearing things. This has never happened to me before, so naturally, I’m freaking out, and text my manager to tell her I’m not going to be able to come in (admittedly, the only thing I mentioned was that I did not feel well and was…
Hi all , Winter is a great time for reflection, maybe more so for agricultural workers. I've recently been made a salaried position at a mid-large farm. I have a degree and five years experience within the trade. I was curious to any or all the farmers on here if they're seen as assets or expenses where they work? Are you going to keep farming or are you cutting tail and pursuing other opportunities? I am no land owner I simply work on the farm. My second inquiry is to the older generation of farmers that may be here. How are you all doing? Its been a hell of a 2 years through weather, covid and now we gotta worry about fertiliser costs etc. My heart goes out to all who've lost their family land, I hope ya'll are well. I belive not many in this world know just how…
This happened a long time ago, I just still feel angry every once in a while about my time with this company and working for my managers for multiple reasons. So for about 8 months I worked at one location of an office supply chain store. My position was a tech sales supervisor, essentially when someone comes up for a computer, printer, label maker, etc. pretty much everything electronic that the store sells I help customers and answer questions. During that time of helping we have to ask a series of questions trying to get at upselling other things in the store and also our in store warranties to convince them to buy more things so essentially the company can make a bigger profit off of each customer. My direct manager was overseeing the sales of the entire store, and since my department was where the big ticket items were…