Thread: I don't understand the sacrifices by my bosses. Accounting help needed.

I have started and run several small companys over the yrs.It was mandatory to take two weeks vacation one a yr (my mandate).
You need some brain chill time away from the job to do your best.

At the place I used to work, I was able to cash out unused PTO. There were a few years that I took out over $5k in cash outs.
I imagine that with enough people earning a larger amount, those cash outs would add up.

Just reading about this makes my bullsh*t detector squawk. So, what are the "peons"
being asked to "sacrifice"?

Thanks for the responses! I will put out my thoughts in general here.

Our CEO made 1.8 million in 2010. If he did not take vacation of one month per year {$150,000} and accrued it for 10 years then they would owe him his vacation when he quit. That would be 1.5 million.

I don't know how many directors and above are in the company but I can see how that could add up to 3.5 mill a year.

For me the peon on our last contract we got 0% raise for the next 2 years. We just had an opening due to retirement. I am happy that they want to fill it but we only had 2 applicants that made it to the interview stage and the first turned it down.The second has been slow in responding. I am not unhappy but I wonder if I should check the market out!

Tim

You have the option to move on 32T, as long as you consider yourself to be a peon, you always will be,are hundreds of thousands of people that would gladley take your job in this economy,be happy you have one,any work is goodwork at this point in time.

I should add that for me a good vacation is when i have to go back to work to relax. It is what i know and do most days. My coworkers cover the 20% of my job that needs immediate attention and the 80% is there when I get back.

Originally Posted by 32t

I should add that for me a good vacation is when i have to go back to work to relax. It is what i know and do most days. My coworkers cover the 20% of my job that needs immediate attention and the 80% is there when I get back.

Than you must be an important peon thats a good thing.

Originally Posted by pixelfixed

You have the option to move on 32T, as long as you consider yourself to be a peon, you always will be,are hundreds of thousands of people that would gladley take your job in this economy,be happy you have one,any work is goodwork at this point in time.

I have thought long and hard about this and decided that my station in life at my age is what I have become and will be. My wife was a stay at home wife while she raised our children and went to college in her 40's. She has a good job now and she said now it is your turn. Looking at the cost/benefit ratio for me it doesn't work out. I could make possibly more for a few years and then retire. Not enough to pay back my schooling. I am relatively happy with where I am and am hesitant because the grass is not always greener on the other side.

I have told my children to be careful of the difference between a job and a skill/profession. I see your point that many would want my job and I use the term job loosely but most of them don't have my skills.

Tim

sadley, skills and experiance in todays job market meen nothing,I know this firsthand as after 43 years i got off shored.

Originally Posted by pixelfixed

sadley, skills and experiance in todays job market meen nothing,I know this firsthand as after 43 years i got off shored.

I feel your pain. It has been 13 years since i have had to sell myself for a job and I have a hard time relating to what my children are going through.

I work in Healthcare and hope they don't start sending heart attacks to China!