[BBB] An interesting idea for Employers and Employees alike!
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by Rom Paul
I am extremely excited to unveil to you all an innovative idea that could greatly improve the way our economy functions, so listen the fak up business owners!
As a small business owner, I know how frustrating it is to tap the job market for employees to work in my companies. These idiots rarely work over 90 health, and if you by some miracle come across someone who works at 100 health, he usually doesn't stick around long. Jerk.
Why? Simple. Lets say that I've hired a new worker at a salary of $60. Now I'm barely makin' a profit here, so I don't dare look at the job market to see what the other guys are paying cuz it doesn't matter right? WRONG.
Joe Da Shmoe worker over here doesn't give 2 craps that you would slowly go into debt if you paid him any more than what he's getting so what does he do? He packs his junk and bounces, on to the next sucker that thinks hes the man paying out a higher salary.
Alright, so what the hell do I do? I have to pay out a salary that permits me to make a profit and at the same time is an amount that my workers will be happy with. Sounds impossible, but the solution is actually pretty simple.
I propose the creation of a Better Business Bureau [BBB]. Simply a group of business owners that offer unified salaries along with special work incentives. For example, a [BBB] tagged company would pay out a salary relevant to the market price of a product so that a profit is made, and at the same time, as long as the worker works at 100 health, he would receive 1/3 of the finished products he produced. In the case of raw materials companies, the company owner would pay out 1/3 of the price of the total RM products the worker produced.
Now, before you bite my head off, let me explain a couple of things here...
1) The salaries would be calculated by the [BBB] CFO bi-weekly (2x a week) every Monday and Friday
2) Of course, salaries would be substantially lower than job market offers, but in the end, workers would be profiting more, and company owners with a full load of employees would profit more
3) As CEO of the [BBB], I would publish the CFO's salary and incentive adjustments every Monday and Friday so that both employees and employers can see in plain English how they are both profiting more.
It's a very audacious, if not interesting idea that could work if the support was there. I'm excited to see this get off the ground and I'm not the only one.
At this time I'd like to name the Chief Financial Officer, a very talented and business minded person like myself who is MORE THAN up to this task, AngryMongolian.
I have reviewed a few spreadsheets he has sent me regarding company profit calculations and I am impressed to say the least.
This idea is very much open to discussion... I am anxious to hear what everyone thinks, good and bad. If all goes well we'd like to run a simulation and publish tomorrow a "trial run" of the program.
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hmmmmm meeeebbeeee
good
I want in. If it works it would be great.
I want in.
good shit son, dem bitches gonna bow down 2 u if u keep writing like this
great idea, and sounds like a hell of a lot of work 🙂. For me, when I bring in employees...I just set the salary that makes sense, let the market do the rest. if salaries come down to where it makes sense to hire, then people come on.
I want in, if the government decides to endorse this project. (As in, supports it, not controls it.)
Wow, great to see so much support! Stay tuned for the hard numbers tommorrow, I really think this could work...
@Bezaban No, this would have to be a privately controlled entity to ensure its future. Remember, if the "government" can pull funding out of the "army", no one is safe...
I can't wait to get started on this... it's gonna be a lot of work, but I think it can grow into something BIG.
I can't wait to get started on this, It'll be a lot of work but this can grow into something BIG
I like this idea. The details could be ironed out a little bit more, but good none the less.
Good Stuff!
Greetings from Bulgaria,
I have a grain company and I have offered 97% of the price of produced grain, and guess what? Nobody asked for job!
My offer was: salary=0.75*(price of grain in sunday)*(units produced(productivity))
bonus(every sunday)=0.97*(price of grain in sunday)*(weekly units produced)-(paid salaries)
@koko When u took into account salary tax, did your workers end up getting paid more or less than offers in the job market?
Hi Bennosuke. What you're describing is, essentially, an independent commune. Communes are very popular in eRepublik, especially amongst organizations like political parties and military squadrons, because there is higher production and fewer expenses for companies, and free products for employees.
The thing about communes is that most people will not voluntarily join them. Employees for political and military communes come from within the organizations themselves. Most people are not willing to work at a lower price than market highs - unless there is some greater reason for them to join, such as enlisting in the military.
Communes are especially popular for the military and militia because they allow soldiers to get the products they need (food and weapons) without having to spend extra on the market. Because they have their necessary products, employees don't need higher wages. But - as you've so colorfully described - independent people would prefer to have higher wages so they can spend their income on whatever they would like.
Though I don't want to discourage you from your efforts, I suggest you review the steps you will take to hire employees. Good luck in your endeavors.
way to be a freakin debby downer. Yes, it is like a commune, but the difference is that the PRIVATE CITIZEN would be getting the money, and not the GOVERNMENT. I am in full support of this idea and hope that it works out, because I want in. I am going to shout this article every other day atleast 3 times, and I hope that you all do the same. It isn't for personal profit that Bennosuke is doing this, but because he wants to see the recession in eUS go away. This would be even better if it became an INTERNATIONAL working, like the RL WTO(which is like the same thing as a private run UN for the economy).
These steps are perfectly fine, because all they are going to spend their money on in the future is weapons, food, and the occasional gold. Why make them spend unnessecary money when they could be making 10-25 q5 food that could easily make them money if they decided to sell it.
Article is coming out in the next hour, just received the numbers from AngryMongolian, they look a little anemic but stay tuned
Take a gander at our 1st article with HARD NUMBERS
http://www.erepublik.com/en/article/-bbb-4-22-11-friday-wage-bonus-rates-1755353/1/20
very interesting
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