Current state of Wealth Distribution in the USA

kcsvt94l

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A lot of those positions make more than that.. My techs when I was working at honda were knocking down close to 80k a year, before they had made a change to drop prices on services the master techs were making over 100k.

And a certified journeyman electrician will walk into a 60k a year job with no problem. I have a friend who is an apprentice line man in Kansas and he has had several 100K years because he likes to work 50-60 hours a week.

Sure there may be a few shops out there where guys have years where they have awesome flag hours versus man hours. I'm speaking from an average standpoint.

I'm a Master Electrician in the same geographical area 60k a year is about the ceiling on a 40 hour work week. Sure, if you work 50-60 hours a week more money can be made. I don't think it should take that amount of time to make 75-80k generally @ 50+ hours per week productivity and quality of craftsman ship suffers. Always better to employ more 40 hour/ week bodies than have multiple 60 hour per week folks.
 

Zemedici

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Sure there may be a few shops out there where guys have years where they have awesome flag hours versus man hours. I'm speaking from an average standpoint.

I'm a Master Electrician in the same geographical area 60k a year is about the ceiling on a 40 hour work week. Sure, if you work 50-60 hours a week more money can be made. I don't think it should take that amount of time to make 75-80k generally @ 50+ hours per week productivity and quality of craftsman ship suffers. Always better to employ more 40 hour/ week bodies than have multiple 60 hour per week folks.

That makes sense, however, the folks that can work 60 hours without negative repercussions (some people have these abilities) should be capped at 40 hours? Or do you believe these 'extraordinary' individuals are the ones that go on to become the millionaires/wildly successful? The 40 hr/wk people are just as you said, bodies. They are a number on a page, nothing special. However its the ones that are able to go above and beyond that make the money, as they should wouldnt you agree?

Lets put it this way, from your perspective. As CEO of these 2 companies, you are responsible for the well-being of these 60 employees, and their families. Does that weigh on your mind sometimes?
 
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kcsvt94l

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So you don't think socialism is the answer, but you think the gvt should dictate what the ceiling for certain jobs should be?
:dw:

It doesn't matter what the government "dictates" it's a collaborative effort on part of the american society as well as the government. The government isn't capable of doing much of anything on its own, due to right wing/left wing pissing matches :(
 

CompOrange04GT

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I agree 100%. I'm not fighting for the people who are capable to live a free ride, I too am completely against that. I'm fighting for the school teachers, LEO, Paramedic/EMT, Firefighters, Electricians, Plumbers, Auto Mechanics of the world. Where we as a society has decided that these jobs only have a ceiling of ~60,000 +/- per year.

Plenty of fire fighters, LEOs, Plumbers, etc making 100k a year.. Just sayin

Sure there may be a few shops out there where guys have years where they have awesome flag hours versus man hours. I'm speaking from an average standpoint.

I'm a Master Electrician in the same geographical area 60k a year is about the ceiling on a 40 hour work week. Sure, if you work 50-60 hours a week more money can be made. I don't think it should take that amount of time to make 75-80k generally @ 50+ hours per week productivity and quality of craftsman ship suffers. Always better to employ more 40 hour/ week bodies than have multiple 60 hour per week folks.

I personally don't know many LEO's that work 40 hours a week..

then again I don't know many people making 100k + year a who only work 40 hours a week. Whether they are at work, or bringing work home.. OT etc..

It's YOUR choice to work 40 a week.

And if you think 50 hours a week causes craftsmanship to suffer. You obviously haven't been in many fields.

You put gas, oil in your car right?

1.Find me someone in the O&G industry working only 40 hours a week,

2. and how them working 100 hours a week makes the craftsmanship of your fuel, and oil so bad...
 
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kcsvt94l

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That makes sense, however, the folks that can work 60 hours without negative repercussions (some people have these abilities) should be capped at 40 hours? Or do you believe these 'extraordinary' individuals are the ones that go on to become the millionaires/wildly successful?

Lets put it this way, from your perspective. As CEO of these 2 companies, you are responsible for the well-being of tehse 60 employees, and their families. Does that weigh on your mind sometimes?


All that is on my mind is my people and their families they come second to our customers as if it weren't for them, none of use would have jobs.

There are folks that are physically and mentally capable of working 50-55 hours per week. They shouldn't have to however, that takes too much time away from them and their families. I'm not saying I never pay overtime or won't let people work past 40 hours a week it happens, it's never going to be 100% unavoidable. However, I discourage it. If it's a regular issue of a guy that consistently needs more income to get by, I'll just increase his hourly pay 9 times out of 10.
 

Stanley

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So you are saying that you want the gvt to dictate pay for certain jobs?

American society has determined what jobs are worth by taking jobs at certain pay levels. If you accept a job at $5 per hour you are saying that you think that's what the job is worth.
 

kcsvt94l

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Plenty of fire fighters, LEOs, Plumbers, etc making 100k a year.. Just sayin

I disagree. Haven't spent 5 years as a LEO and having several close friends that are FF and plumbers. I can assure you in this area you aren't making 100k a year. Unless it's a plumber who owns his own business and rakes his customers over the coals or sucks the life out of his business consistently.
 

Mach828

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Always better to employ more 40 hour/ week bodies than have multiple 60 hour per week folks.

Unless you can't get an equally skilled/valuable employee. Then you are better off paying the guy overtime than employing another person who can't make the cut.

Some people need that overtime and have gotten accustomed to how they live at that income. If you crop their overtime, they just took a pay cut, and will search for a job where they can go back to their previous income level.

I worked at a shop and we had mechanics who pulled six figure salaries and others who barely survived. The skilled ones also make the company more money because they can finish a car in half the time as a lesser mechanic, so the company can flow more cars through the shop, meaning more sales. And if they do quality work and decrease warranty liabilities and other extra costs, then its a win win.
 

kcsvt94l

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So you are saying that you want the gvt to dictate pay for certain jobs?

American society has determined what jobs are worth by taking jobs at certain pay levels. If you accept a job at $5 per hour you are saying that you think that's what the job is worth.

I'm saying there are ways the government can assist society in numerous ways to increase pay scales in most fields. There are several loop taxation and employee loopholes that can be and are regularly exploited by business of all shape and sizes, everyone seems to have a survival of the fittest attitude towards their demeanor. I think that too is a large contributor to the above examples.
 

CompOrange04GT

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I disagree. Haven't spent 5 years as a LEO and having several close friends that are FF and plumbers. I can assure you in this area you aren't making 100k a year. Unless it's a plumber who owns his own business and rakes his customers over the coals or sucks the life out of his business consistently.

" in this area"

We are talking about America. Not one city.
 

CompOrange04GT

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Unless you can't get an equally skilled/valuable employee. Then you are better off paying the guy overtime than employing another person who can't make the cut.

Some people need that overtime and have gotten accustomed to how they live at that income. If you crop their overtime, they just took a pay cut, and will search for a job where they can go back to their previous income level. .

ding ding ding.. Hence why we have 14 branches in my company. Which means 14 logistics coordinators and they have helpers. I am the only one they allow to get 60 hours a week, because I can carry more than the rest.

every single one of them gets 40 a week.

If they knocked me down to 40 hours a week, I would be immediately looking for another job
 

Troponin

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The interesting thing is, "poor" in America is very different than "poor" in almost every other country in the world. Statistics from 2011. These have actually substantially increased in the last few years too.

http://www.heritage.org/research/re...d-states-surprising-facts-about-americas-poor

Yet, somehow, people flock to America from poor countries. Living conditions here are so terrible here, yet people WANT to come here. So, we need to re-assess our poor. Did you know that, if you collect all benefits that the government offers, you get the equivalent of $34 an hour from a full time job, plus benefits?

There is so much more to this than a simple chart. This is where people manipulate the statistics. Looking at statistics and making a blanket statement is just being naive. It's kind of like the argument about women and blacks being paid less than a white male. In reality, it's quite the contrary. A black man living in a house with two educated parents actually gets paid MORE than the average white male, and the same is actually the case with women as well. The statistics show women being paid less than a white male, but that's because many women go back to work after the kids are grown, and they have little to no experience, so they get paid less. If you take a woman that has the same work experience and education as a white male, women actually get paid more.
 

kcsvt94l

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Unless you can't get an equally skilled/valuable employee. Then you are better off paying the guy overtime than employing another person who can't make the cut.

Some people need that overtime and have gotten accustomed to how they live at that income. If you crop their overtime, they just took a pay cut, and will search for a job where they can go back to their previous income level.

I worked at a shop and we had mechanics who pulled six figure salaries and others who barely survived. The skilled ones also make the company more money because they can finish a car in half the time as a lesser mechanic, so the company can flow more cars through the shop, meaning more sales. And if they do quality work and decrease warranty liabilities and other extra costs, then its a win win.

I can coach any employee to be equally skilled or valuable, it's a matter of if they want to learn. This is where your business acumen and the overall morale of your companies employees rubs off on each other.

I hear what your saying in regards to the mechanics industry. There are several shops in this area that don't pay based on flag hour, they let the company absorb all of that profit, but it's an overpopulated field so guys take what they can get.
 

Zemedici

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All that is on my mind is my people and their families they come second to our customers as if it weren't for them, none of use would have jobs.

There are folks that are physically and mentally capable of working 50-55 hours per week. They shouldn't have to however, that takes too much time away from them and their families. I'm not saying I never pay overtime or won't let people work past 40 hours a week it happens, it's never going to be 100% unavoidable. However, I discourage it. If it's a regular issue of a guy that consistently needs more income to get by, I'll just increase his hourly pay 9 times out of 10.

but that's just it. These people make sacrifices (free time/time with families/hobbies etc) and are normally paid handsomely for it.

If you're wanting people to get rich off working 40 hours a week, its not going to happen, because that's the 'norm' and therefore people will get paid 'the norm' get me?

I work way more (Ford Parts Associate) than most people my age do (55+hrs/wk, i'm in my early 20s), they're either in school, have entry level jobs like Napa/Autozone/waiters/etc. And I make a bit more than they do in their 8-4 jobs.
 
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kcsvt94l

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" in this area"

We are talking about America. Not one city.

Yeah, that my point on average in america FF/Plumbers etc... aren't making 100k per year. Now in certain parts of the country that my be possible based on cost of living. I'm comparing averages not high/low ends of the spectrum.
 

kcsvt94l

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but that's just it. These people make sacrifices (free time/time with families/hobbies etc) and are normally paid handsomely for it.

If you're wanting people to get rich off working 40 hours a week, its not going to happen, because that's the 'norm' and therefore people will get paid 'the norm' get me?


This whole point is moot. There are plenty of the top 20 % of americas wealthy that don't work more than 40 hours per week and never have.

When you figure average salaries, it's assumed with a 37-45 hour work weeks. Not 60.... 70... 80... etc.
 

pho_phizzat

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The wealth distribution is 'satisfactory' (for lack of a better word) as it sits. A person's income is directly related (at least in the internet and entertainment industry) to how much money they bring in. Hence why actors get paid Millions for making one movie, boxers make millions for one fight, etc etc. Network Execs (like Treynor) manage a multi billion dollar department of one of the largest companies in the world. If you feel you can just jump right into those shoes and fill them, then by all means do it. However, that's not realistic. These people have a certain set of skills that they have acquired through specialized schooling/work experiences/orientations/seminars/and years of on the job training. It takes work to get to this point, and not everyone can do it. Hence why they get paid what they do.

If you're unhappy with your current financial stature, you and only you can change that. :beer: No such thing as a 'free lunch'

This post is gold!
 

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