General Advice for General Managers

Day 1,088, 06:53 • Published in Australia Australia • by ronnyJnrJnr

After seeing our market over the time that I have been playing go from one extreme to the other, seeing production numbers for goods and citizens do the same thing, it seems that admins have maybe almost considered thinking about keeping the numbers that we have now for a while and letting business get on with itself.



Today I will try and point our GMs in the right direction again by showing them a good way for setting market standard prices and wages, because once again, wages are ridiculously high for what is recouped from the sale.

Let us begin with the price of the 2 high region resources eAustralia has.

Titanium and Grain.

Titanium currently sells for $0.09 per unit
A guru working at 100 health and a full compliment of 10 workers will produce upto 380 units.

This comes to a total of $34.20
AS there are no other costs involved other than wages, YOUR PROFIT comes straight from here.

Once again, between 10-20 % is a suitable margin
$34.2 -20% ($6.84) =.$27.36
$34.2 -10% ($3.42) = $30.78



Grain growers are getting more for their goods as the product price is higher at $0.10 per unit.
The same sums apply:

380 x $0.10 = $38.00 GROSS

$38 - 20% ($7.60) = $30.4
$38 - 10% (3.80) = $34.2



Grain growers should be aware of prices, as should titanium harvesters. Grain GMs can afford the luxury of 20% margins, thus keeping the wages fairly even between industries. Titanium would have to offer jobs at 10% margin to be able to compete.

Having our 2 strongest industries competing against each other for workers will not work. The 2 must work in conjunction and harmony to be a successful country. Yes prices change. but the same maths can be applied to new price changes.

Yes there are very few workers in Australia at the moment. Even more reason to set standardised wages so that our main industries have a level playing field. Setting wages higher than what is gained from sale creates other problems within itself. It doesn't matter if you offer 10 jobs higher than what you make form the sale of those goods if there are only 5 people available for the job in the first place.

Sure some noobs go broke offering low prices and high wages. They should do the math, get some advice first
This isn't directly collusion, but merely a standard level set.so our GMs have a level field.

Skilled GMs need to mentor these noobs or anyone considering opening a business. Some people just want to do it, no matter how bad a time it is. At least we can stop cash and gold going the way of the dodo in dead orgs and citizen accounts if we can give them some advice on whether to start or not to start, what to start and where.

Wages should be based upon sale in the Australian market, not foreign markets. If you can offer higher wages, do so in the privacy of your own company. Set levels should be on the market, with minimal increases or decreases. If the person is working well, there is nothing stopping you giving them a raise.

There was a business section in the forums. I think our economy should get back on its feet the right way, not the wrong way. All business owners operating in Australia should get active on the forums and on the IRC marketplace.