Quote:
Originally Posted by pylon
What you are talking about is pretty much how I've been compensated my entire life via commission and or profit sharing. Hit it out if the park, you live like a king, just show up and put in no effort, you're dipping into your line of credit. What most people can't accept is the second part. They are unwilling to share in the failure when they stink the joint up. If you want to reap the rewards, prepare to share in the failures too. You don't want to share in the risk? You'll get paid a conservative wage to offset the risk to your employer.
There's no employee more effective in the world than a salesperson in debt. Trust me, I was that guy for a lot of years. When you have to kill what you eat, self motivation is easy to come by.
I can think of six guys off the top of my head, I've worked with over the years, that leveraged a stinky commission sales job, into owning 20+ million dollar dealerships. And becoming that fat cat you talk of. And nobody, gave those guys a preferential pay plan over other staff, or people in the industry. They worked hard, took out second mortgages, sold off everything they had, and took massive risks to succeed. They earned the right to hoard it.
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Those aren't really the "fat cats" I'm really concerned about. I'm more concerned about businesses pulling in profits in the billions that have employees on welfare. If Walmart was a country they'd be China's 5th largest trading partner. That is not a corporation anymore, it's a nation, and an economic impactor far beyond that of a car dealership with 20 employees.
As long as we're doing stories, I worked for "Canada's Best Employer" for many years. There I get to see everyday on the home page of my computer how the company brought in XBillions in profits that quarter while the 40 year old mail-room guy who works just as long and hard as anybody else in there has to deliver flyers every morning before coming to work so he continue to provide a life for his family. Meanwhile, his bosses, the people patting themselves on the back for being Canada's Best Employer take their quarterly retreat somewhere.
There's a severe imbalance here. I'm not saying it has to be balanced, but it should not be this out of whack. I guarantee those people can take their quartlerly retreats AND the mailman can be paid like a proper employee and it wouldn't even make a blip on the company's bottom line. Nobody works 1000s or millions of times harder than anyone else. The people at the top of these companies continue to shell out bonuses for themselves and their buddies vs letting their precious "trickle down" actually happen. The supposed trickle down only happens if you adhere to the other to the other parts of the theory (ie, having your cost of labour rise with everything else as a business grows). And, again, hiding that in top level bonuses/salaries completely negates any chance at a trickle down effect. But these people know that.