Wages Becoming Unsustainable - Part II
John Killah
This is a follow up article – The first part can be found here
A week ago, I wrote an article about how I felt that wages were becoming unsustainable. Today, I thought I’d take a look at what’s happened since and my thoughts now.
So, like I mentioned, a week ago, some one at my skill level (Then Guru* - 10) could of earned $46 by accepting the job at the top of the market. Using a grain company as an example, I pointed out that some of that Economic Rank would have only made the company $42.75, a loss of $3.25. With me so far? I hope so.
Now, the situation to me, has become worse. A Guru* can now stand to make $62 at the current top offer. That’s $16 more! That’d be ok if RM Prices were increasing, but looking at it now, quite frankly, they’re not doing it by much. Instead they’re only around 0.50 (Having floated around 0.43 – 0.45 recently) so now, that poor company is making a loss of not $3.25, but $13.50! Again, here come some numbers like last week –
The person works like that every day for a week – That person has cost you $94.50.
The Entire Company works like that for a week (Based at Recommended Employees) – They’ve cost you $945.00
Bonus one – That happens for a month: $3780
Now, I don’t know about you, but I can’t afford to lose $3780 a month. That’s more money then I earned working for 6 months when I first started … in fact, it’s a hell of a lot! Now, last week, I asked what you feel should be done, and I’m now going to shout out the comments and my thoughts on those suggestions –
I liked this idea, but only if you were employing people who were new to the game. Most people learn that the best way to keep their job is to work with high health. A good idea none- the-less and I think the admins might have to consider that.
Another great idea. This could work, but the problem with it is that people would simply just leave the company and find a job that pays more. Still, if this was automated, it’d be brilliant, especially if it was made compulsory by the admins (fat chance, but a man can dream right?)
And Finally
Communes are pretty effective, I mean after all, the Militia’s and Military use it. I like the idea, and also, it made me laugh cause when I first read it, it sounded like propaganda to join The Socialist Freedom Party.
That’s all I got to write about this week, but I’ll most likely be back next week to see how the situation looks, but my prediction is it’s going to be worse as Wages Increase and the Market stays the same.
On my final note, I would like to shout out an article by a person who is aspiring to be Congressman of Idaho. Before you jump to conclusions, he’s not a multi of me or vice versa, simply a good friend who runs under the same surname. His article can be found here
JK
Comments
Good article! Voted!
I dig your .gif
Gnil, BRING BACK 16 SHELLS!
I voted and subbed.
The higher levels of the job market are dominated by higher profit company's, higher the lower levels or move to more profitable markets.
main thing is that it only becomes profitable to employ when demand exceeds what GM labor alone can supply or when the cost of GM labor(10 Health) exceeds the value of the product.
mostly this translates into a tough business for Employers. The wages are sustainable for some industries, but not for every industry and not all the time either.
Stone company's have ruined the wage market for all other company's.
Its because of stone companies. I can afford to pay double the wages of what an iron or grain company can do.
I actually like the high wages. Its a welcome change from about a month ago when all wages were in the can. Then again wait a week or a month and I'm sure we'll be in the next wave of admin induced panic/depression/recession.
tell me about it. I lost my interest in running a company coz of this. Used to be a damn good employer, now I'm almost sick of it. I still have a bunch of cool loyal workers but I don't bother getting new ones
New erepublik-comunity:
http://www.erepublik-comunity.co.cc
Export or run another type of co.
Profit Sharing. Works like a charm.
The profit share or co-op model works well because both workers and managers get a fair deal. Pay reflects actual market conditions and neither side takes an unreasonable cut.
The SFP actually has quite a range of economic models working, from the typical low-wage commune supporting their militia, to profit-share co-ops, to goods-based co-ops. They also encourage worker self-sufficiency and have a model for socialist investors that promotes and rewards investment while preventing under-capitalization.
I think people are taking the loss and hoarding items, if you look at the job market. The admin are phasing out stone and just a few days ago stone was one of the highest paying job.
They know the time is coming so people are stockin up on there unlimited storage and making items as fast as they can before changes.
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