Are you paid what you're worth?

[MJ5150]

In light of our discussion on football coaches salaries, let's find out how the true working man feels.

So, are you generating WAY more than you are paid, or do you think your pay is fair considering how much revenue your position generates?

In my position, I think my pay is fair.

-Mike

[MadMan118]

I'm paid well for what I do.

[mike_v_s]

For me, it depends on the project. There are times when I am literally carrying the load for a few people as well as myself. Other times, I can't believe I get paid what I do for the job. I figure it evens out and I am, for the most part, compensated fairly.

Mike

[MatticusMania]

I would say no, but Im not too underpaid to do anything about it. As of the beginning of the year I was assigned to, basically, maintain my company's web presence. With our biggest client splitting off from the resources we previously used to maintain everything in favor of their own, I am being tasked with pretty much updating over 1000 SKUs, doublechecking the info already populated (a lot of it incorrectly done by the person who used to do this work) as well as initiating all our items not previously loaded into the older system. Its been 5 months now, and Im just about halfway through the bulk of it. A dollar raise at my review time would have kept me content, but $0.25 I find insulting (especially since $0.10 of that is a length of service raise). This is why I have so much 'free time' to browse TB.

[bwv1013]

i wish i worked more hours, but my rate of pay is acceptable. i'm thankful i can make a living working 15 hours a week.

[username n/a]

Originally Posted by mike_v_s

For me, it depends on the project. There are times when I am literally carrying the load for a few people as well as myself.

Mike

Literally? geeze, I'm glad I don't have your job. I'd hate to have to carry my co-workers around. You'd think they'd at least buy a Hoveround or something.

[ugly_bassplayer]

Originally Posted by bwv1013

i wish i worked more hours, but my rate of pay is acceptable. i'm thankful i can make a living working 15 hours a week.

Wow, 15 hours a week. Either you are paid very well or you live with your parents.
Rate of pay......hmmm........I'm thinking ........euh........are you a.......hmmm........15 hours a week.......euh.......

[Jay Ralston]

Yes and no. Since my one job as a Corrections Officer is the main one I have to pay the bills, I would say my pay is decent but right now our State has a pretty screwed up way to pay us. We have a system in place called pay for performance which is really bad and very misleading by the names sake. Basically, we only get raises when the State votes for us to get a raise but what sucks is our cost of living has increased every year as well as our benefits and insurances. The pay for performance part is on your yearly review. On a scale of 1-3 on something like 5 different categories, if you score all 3's from your supervisor, you get a raise. However, our supervisors have been told directly by the State that all 3's across the board are impossible to achieve and if they are given, the supervisor needs to back it up with hard proof. Unfortunately, one of the things is attendance. Even if I have perfect attendance, and I usually do, I am never late nor do I use sick time, the highest I can rate at that is only a 2. The other bad part is I make the same as a new person who is just hired so even though I have several years of experience, and am told by all of my supervisors that I am one of the best Officers to work with, I am still paid as a new guy or even a guy who does his job poorly.

I have heard that they just approved a new pay system that is similar to our old way where your experience also pays you more and your evaluations will now be given things in them that are now attainable for additional raises but that just passed about a week ago so I have not had the opportunity to see how the system will work in detail.

The yes part to my answer is I do feel that my wages are decent. As a Corrections Officer I make around 42k a year which is decent. We live in a small town that has a low cost of living so that also does help too.

[macaroni tony]

I can't complain; I make OK money (by OK I mean probably about 32k or so) and I usually do exceedingly well with my sales. As far as actual work that I do, I spend an obscene amount of time farting around on talkbass. So I guess I get paid about what I'm worth

[macaroni tony]

Originally Posted by bwv1013

i wish i worked more hours, but my rate of pay is acceptable. i'm thankful i can make a living working 15 hours a week.

where do I sign up?

[sloasdaylight]

I'm paid **** for what I do.

[baalroo]

I am WAY underpaid. I'm making a little less than half of what the industry average is for a person of my level of experience and certifications, but no one else is/was hiring in my field around here so I don't/didn't have a lot of options. I'm an hourly employee doing skilled labor that is charged at an hourly rate to our clients and I receive about 10% of the actual revenue made from each hour that I work, and the only part of the service provided that I do not handle myself is the billing and payroll.

[Munjibunga]

Generation of revenue isn't the only basis for evaluation of one's worth to a company. For the last 10 years of my career, I was almost 100% overhead. I was paid well for those years.

In my current job as a teacher, I'd consider myself well-paid if all I had to do was teach the class. With all my prep time, the rate drops significantly. That said, if it weren't enough money, I wouldn't do it.

[McHaven]

As a student, I'm allowed to work on campus 20 hours a week. I work in an archive scanning and import records. I'm paid with grant money given to the archive. I make my own schedule, have internet access and have all summer to complete these digital collections. I'm paid 8 dollars a hour for this. Really not too bad, and definitely not a taxing job.

[D.A.R.K.]

hell no.
i tour for a living with bands, typically mixing foh, once in a blue moon on bass.
the lifestyle is quite acceptable, sometimes like a dream, but the pay isn't great.
then again, i choose to work only with artists i like, so i limit myself in this regard, unfortunately.
typical weekly in my position as foh engineer is between 1-3k depending on the level of the artist (there are per diems and accommodations too, i should add).
you really have to be smart and diversify, extra pay for extra jobs... doing back line setup, for example, or
tour managing and mixing foh is pretty typical these days.
i have some gear at home i rent. i also got into video production.
i should go into management, then i could get paid for virtually nothing. never worked with a management company that hasn't wowed me at some point with some type of moronic decision making.
a big bonus is that i have met the most amazing cast of characters you'd ever enjoy being in the presence of...

[mike_v_s]

Originally Posted by baalroo

I'm an hourly employee doing skilled labor that is charged at an hourly rate to our clients and I receive about 10% of the actual revenue made from each hour that I work, and the only part of the service provided that I do not handle myself is the billing and payroll.

That depends on your outlook. I provide a service that I bill an agreed amount to my broker for. He, in turn, marks the living **** out of that up and then bills the client. I could be mad that he's making a lot of money off my efforts, but the reality is that I don't have enough connections to secure the size contracts that he does. In most cases, clients call him for the work, not me.

Is your situation similar? If it is, your employer is providing more than billing and payroll and more than just what I touched on.

Mike

[FL Knifemaker]

The best way to make a little money with knifemaking is to start out with a WHOLE LOTTA money

[MJ5150]

Originally Posted by Munjibunga

Generation of revenue isn't the only basis for evaluation of one's worth to a company.

I agree. For the purpose of this thread, I am only wondering about pay in relation to revenue generation.

-Mike

[guitarchaser]

Not sure. I started my job straight out of high school but if I had went onto college or uni and studied anything, even if it didn't relate to what I do, I would probably be paid more just cause I'd went onto further education. Still stuck on the same rate since I changed position in the company about three years ago but get paid over time so sometimes get more than normal.

And in light that for the past three years the company I work for had made a profit and the stores it owns would go to pieces if not for myself and a few others in the finance department, I don't think any of us get paid for what we put in or the idiots we have to deal with....prime example having to make a fortnight basic by telling someone how many sleeps it is.

Don't get paid enough to get a mortgage so...yeah in the meantime apart from some dig money, I save it up and occasionally get a new bass/anime series/ps3 game (cause food and clothes are overrated XD).

[bassybill]

Surely what you're paid is a measurement of what your employer considers you to be worth?