Your web designer, your lawyer, they just want to do what's required to not get fired, they're not interested in doing a good job, and why should they be? — Pseudonym
Because then they stand a better chance of a promotion. That might not necessarily be enough of a motivation, but that's part of why I've been putting in the effort over the years. And have I gotten that promotion? No. Life's a bitch. — Sapientia
Your web designer, your lawyer, they just want to do what's required to not get fired, they're not interested in doing a good job, and why should they be? — Pseudonym
I don't pay myself. I keep most of the money in the business for development purposes and to be able to withstand shocks (run out of work, etc.). I am quite paranoid financially. I probably live on less than some of the people I work with. My personal expenses consist of food, paying for some of my grandfather's medical expenses, books and similar stuff. All my electricity, gas, telephone, internet, other subscriptions, etc. are paid via my company. I haven't bought new clothes (for example) in two years.So you pay them the same amount as you pay yourself? :brow: — Sapientia
Yes, of course not in every respect. But they are treated equally as human beings first, before anything else. I work with some of my people even at 0:00 in the night if I have to. Tell me, what man do you know of who can call one of his employee in the middle of the night if needed, and they will be there? Many of these people work for me because they've learned a lot from me (and continue to learn), and I've been kind to them - unlike pretty much any other boss around here.Anyway, the point is that you don't treat your employees equally - certainly not in every respect. — Sapientia
I would loan my people money if they need it for something urgent, yes.Do they get their personal expenses paid for, too? — Sapientia
No of course not. I own all of it, but that's only because I must have the final call on what happens with the money. I do not want to spend the money, and I want to grow the company, because this will be key to everyone's well-being in the future. Not everyone understands this - some people, if they were in charge with equal shares would squander it.Do they own equal shares in the company? — Sapientia
I do increase payment depending on the tasks at hand and how valuable each person is to the business as a whole. But there is no opportunity for promotion because there is no hierarchy. Promotion only exists in large organisations who have hundreds/thousands of employees, and have set up a hierarchical system to make sure that everyone controls everyone else. I don't need any such hierarchy to control ~5 people I work with. And my business model does not require many employees either.I would not work for any company which paid low wages and had zero opportunity of a pay rise or promotion. — Sapientia
I don't pay myself. I keep most of the money in the business for development purposes and to be able to withstand shocks (run out of work, etc.). I am quite paranoid financially. I probably live on less than some of the people I work with. My personal expenses consist of food, paying for some of my grandfather's medical expenses, books and similar stuff. All my electricity, gas, telephone, internet, other subscriptions, etc. are paid via my company — Agustino
No, not in the USA.USA — ArguingWAristotleTiff
Well, it's not so simple. It depends how big the salary to be paid to themselves would be (relative to the other salaries) and also how big taxes on salaries are. Where I operate taxes on salaries are very high... ~35% or so. So you can imagine that it's not very good to pay a salary for yourself, then loan the company with that money, and then pay the salary to employees again - you effectively pay the tax 2 times that way. And anyway, the governments in Eastern Europe are very crooked - I know people who have contributed a lot to Social Security, etc. and are left with virtually nothing now. So not the smartest thing to do here.In hind sight, they should have taken the salaries and then loaned the money back to the company. — ArguingWAristotleTiff
This is good advice.In my assessment, both the problem and the solution are fundamentally about control, and my advice would be stoical in nature, as well as pragmatic. Put simply, take control. Focus less on your frustration, and focus more on doing what needs to be done. What good will bemoaning the situation do? You already know what needs to be done. Either do it, or learn to accept the less-than-ideal situation you find yourself in. — Sapientia
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