DandomRude@lemmy.world to Ask Lemmy@lemmy.worldEnglish · 23 days agoBased on what you think the company you work for spends on salaries, what percentage does that company actually spend on creating value - that is, on the people who actually do the work?message-squaremessage-square20fedilinkarrow-up121arrow-down13
arrow-up118arrow-down1message-squareBased on what you think the company you work for spends on salaries, what percentage does that company actually spend on creating value - that is, on the people who actually do the work?DandomRude@lemmy.world to Ask Lemmy@lemmy.worldEnglish · 23 days agomessage-square20fedilink
minus-squareAsafum@lemmy.worldlinkfedilinkarrow-up3arrow-down1·23 days ago$1mil for one item that we sell roughly 8 of a year. The other half of the factory makes a $5k-$20k item that we sell thousands of per year. Average salary $50k. So idk something like 0.0001%
minus-squarercbrk@lemmy.mllinkfedilinkEnglisharrow-up1arrow-down1·edit-222 days agoThis makes no sense. Assuming the two factory halves have equal revenue: $16,000,000 × 0.0001% = $160 [edit: i mean, $16]
minus-squareAsafum@lemmy.worldlinkfedilinkarrow-up1·22 days agoI didn’t do the math, I was being facetious. I just meant to say some incredibly tiny fraction of 1%
minus-squarercbrk@lemmy.mllinkfedilinkEnglisharrow-up1arrow-down1·22 days agoEven the entire 1% is $160,000.
$1mil for one item that we sell roughly 8 of a year. The other half of the factory makes a $5k-$20k item that we sell thousands of per year.
Average salary $50k.
So idk something like 0.0001%
This makes no sense. Assuming the two factory halves have equal revenue:
$16,000,000 × 0.0001% = $160 [edit: i mean, $16]
I didn’t do the math, I was being facetious. I just meant to say some incredibly tiny fraction of 1%
Even the entire 1% is $160,000.