[MoTI]Understanding WAM Cost - Average Salary explained.
Day 2,459, 17:32
•
Published in United Kingdom 
•
by
•
by Grampa Alfagrem
During these last few days I've been keeping you updated on the profitability on RM WAM (Work As Manager / Working in your own companies).
There have been a number of comments in the feedback asking questions such as;
"how are you predicting when a RM company becomes unprofitable?"
Or they express puzzlement that average salary is now showing as 100 when the job market's best offers are at £35 to £45!
So allow me to step in and explain how the cost of WAM is generated
Every time you work in one of your own companies you have to pay a certain amount of currency.
This number is the days 'Average salary' x The worktax level (2
😵.
For Day 2,459 in the eUK this figure was;
£100 x 0.02 = £2
Simple enough but how does eRepublik work out what the 'average salary' is?
This figure is NOT tomorrows, todays or yesterdays average!
It is the average of the last 30 days averages or if you prefer the total amount of wages paid out over the last 30 days divided by the total amount of salaried workers.
This understanding is important when it comes to predicting the future trend of WAM cost - So let's look at that in the next section.
10 days in we can see the average spike perhaps because admin has added a new feature to the productive economy?
The average then begins to trend downwards until we see another spike that's perhaps due to admin doing a mission that requires a number of workers in your companies to finish?
Over that 30 day period we can see our average salary at around £5 with the average wage starting to come back down to a more acceptable level.
So as the days pass with the average wage coming down we should expect to see the average wage come down?
NO!
10 days have now elapsed and the result is we've lost those lovely low figures we had at the start of our 30 day calculation that were holding the average down.
The result is that we're now left with the meat of our 2 spikes and the average has actually increased and we won't see it come down for a few more days yet.
~Alfagrem
Not an actual gov official
Facebook
Twitter
Discord
Comments
TL😉R 1 days spike in actual average salary sticks with you for 30 days.
interesting article 🙂
This is probably the explanation for the increase in tax receipts by the government and mongress still refuses to reduce taxes
About half of Congress actually voted to reduce that tax, myself included. The issue was the lack of majority.
If it's a terrorist attack which is what the mo£ believes then they should raise taxes.
If it's down to 30 day results and eUK wage conditions then it will resolve itself in a month at any tax rate.
The only argument for moving it down for a 1 month period was that it would stop people either running RM at a loss (Personal losses) or not using them at all (Tax take losses).
The slim Majority of congress and essentially decided to not decide either way and its the citizens who will suffer albeit only temporarily.
Today, day 2460, the average is £133.98. WAM is even more expensive than explained in this article.
This article doesn't actually give a figure for todays WAM cost
I was just making the point that WAM costs were still rising, no criticism intended
The previous article did give a prediction that was within 0.02 of the figures for today (mainly down to food being lower then expected).
Yes, and yesterday it was in fact 100GBP. So if Alfagrem is correct, we will be stuck with 133GBP for the next 30 days? o.O
If the Mo£ is correct then we might be in for months of no RM profit.
If the 'trend' theorists are correct then WAM cost will peak around the 22nd and then start to fall back down to profitable levels.
I would love to see the rest of the Congress explaining the sudden drop in income for the next few days...
Graphs were illustrative only.
WAM cost should peak around the 21st-22nd and only then start to come back down.
I wonder if someone is messing with our WAM rates, all it takes is a day or two at a really high salary to move the whole average. I have known of people that have put one offer on the market for like $250,000 per day and moved the whole average for the country up by double digits. This was done in a country much larger than the UK. Currently our average wage is $105.37 more than the U.S., I pay workers in both country's and the U.S. offers have been consistently higher than the U.K.(due to more RM bonuses), it appears our wages are being manipulated.
It's a plausible theory but the 'attacker' gets no economic benefit from it and elder players with their Q7's and Rubber farms aren't affected so it doesn't fit the profile of any chancer who's found themselves with a free million to spend.
The only real goal they'd get from a long-term attack is to deprive low and medium players from making a subsidary profit on top of their wages and foiling company investment by older players or private programs into new players.
The worst that can happen from a wage attack is that some players move to higher bonus nations and that privatly funded programs like NHS are forced to cutback.
In the first case - They're better of for it even when our tax is low.
In the second - Gov can make up the shortfall to such programs with the money the attacker is stuffing into the treasury from his/her attack.
It's also true that larger nation by dint of having a larger division / players can absorb shocks more easily.
You also have to recognise the unique set-up of the eUK salary market.......
A month ago we had some 400 workers we could divide the total wage against. We now have 360-280 and falling.
Of that 400 or so we have quite a few in minimum wage jobs who get around taxation by donation in accordance with their efforts. As we lack a national army or commune none of these players or commune commanders benifit from any sort of cashback scheme or contracts.
We then have the high wage communes (UKPP & BA) who were employing workers at x3 the (then) average wage and over the last month they actually expanded.
So in effect we have 20-25% of our workers able to bring up to average of minimum wage workers at a ratio of 1:2 or 60-75% of our population is locked into a commune system paying an average wage.
That then leaves the normal wage workers who are not tied into the commune system and thus able to jump around and take those £75 or £200 offers to again drive up the average.
With eUK experiencing a suspicous/provident rise in new accounts over the last month compared to previous months that means that we had more players taking those Housing offers or Empire offers.
So the real driver in the increase in WAM over the 30 day period is the 25% salary workers profiting from around 10 days of wages much higher then the regular average.
*Housing spike was ofc lower but longer and the Empire spike was higher but presumably shorter.
TL😉R we'll find out on the 22nd-23rd when the price should either drop (Spikes) or stays damn high (attack).
The only ones to profit from this could be a) BIG WRM/Q7Q producers in UK (doubt it) and b) MoF/country. Most likely it's just by chance since JM in eUK is very small so high wages remained longer than in bigger countries.
All I know is that I am paying ridiculous amounts in taxes for the amount of money I am making back...
But you are still making a profit in which case its still free cash.
Plus we might be able to convince Wayne to do an Airstrike with the xtra the gov is getting 😛
Theoretically I am making a profit, but the market is so stagnant that my goods haven't sold in 3 days.
Even better..........Those goods you produced days ago were cheaper to make!
It would be free only if he managed to cover ROI 😉
Any profit, even if its 0.01 is reducing ROI.
someone was offering wages of 200cc - i missed that?
It happened!
I was tempted but working for a UKPPer at the time so didn't take it.
The end game may be to force large company owners to leave the country. It would be an expensive but if you had deep enough pocket or government sponsorship it could be done.
http://www.erepublik.com/en/main/law/United-Kingdom/147481 take 3!
We'll see in 24hours.
If Congress thinks its induced by Housing+ Empire they'll drop it.
If they think its terrorism then they should really be raising it.
Large company owners will still make a profit (albeit much decreased).
External gov sponsors - No nation near us has the pockets or the potential to gain anything out of the eUK collapsing aside from maybe Canada.
Internal gov - Would have to be a conglomerated effort from a number of parties as you'd assume they'd want to get their outlay back by taking congress and/or CP at some point and no single group has that ability.
So..........WRP/PCP&TUP doing a left-wing conspiracy!??!?!
So we put tax down finally and the threat is avoided. Nice article man.
Thanks for explaining.
http://www.erepublik.com/en/article/etaxation-machinations-and-resultant-implications-2329233/1/20
The average wage is up to 236.16 WAMing is getting to expensive.