Oh the old capitalist whine of why no one wants to work.
It’s a hard life profiting from the surplus of other peoples labor.
I know, you had to set up this big expensive business and go into student loan debt to become smart and the other guy didn’t so why shouldn’t he jump at the chance to make you rich.
When you pay a guy 15 an hour or whatever you pay them in your lab, how much do you profit per hour after your expenses and overhead? What is a justifiable multiplier? If you make 2x their salary do you pay them less? If you make 5x do you pay them more?
Those houses are 50 plus years old. Say a guy could somehow save up a down payment making that wage, find a house of that price that will pass inspections enough to even secure a loan. Sure in theory $14 an hour is enough for him to pay his mortgage. But what does he do when that old house needs a roof or HVAC? Most of these guys will also need PRI which makes the payment higher. Then they have to buy groceries transportation insurance lights. I can tell none of y’all have ever tried to make it on $14 an hour
There are home in that price range here, but they are sold cheap for cash because they would never get approved for a loan. Young guys making small money don’t get them unless it’s a family deal
Well right now it’s zero profit… you see a lot of us are investing our own money into training staff and building out infrastructure with the hopes that once this industry flattens out we can eek out a 20% return on our money while taking all the risk in a new market. Let’s also look at what that $13 dollar an hour person actually cost. Right off the top is 7.5% that is paid by us to the feds for their employment tax plus the state level tax as well. Let’s look at workman’s comp of 5-10% then let’s add in payroll taxes and fees. Last but not least let’s look at the time spent training and educating that new hire.
Once again risk vs reward. Yes you may have to put a roof on or fix an A/C eventually but real estate is a long term investment that will appreciate. With current interest rates an $80k house would run you about $525 per month add in PMI at $100 a month and you are still below the current rental rates.
Many programs out there for first time home buyers with a 1% down payment option. Look here’s the deal I grew up poor never got a dime from anyone and never got help. Everything that I’ve built has been done by the sweat of my back so if I can do it anyone can do it. I have these conversations with guys all the time. You want to get ahead in life your going to have to sacrifice and your going to have to put in work.
I’ll start by saying that in my opinion taking into account the cost of gas to go and come back from work and the cost of groceries nowadays, that salary seems low to me. Now we should also take into account the fact that so many businesses are going under now that a prudent owner/manager would try to run as tight as ship as possible in order to avoid as much as possible the possibility of going out of business. And most importantly they are not pulling people off the street and putting a gun to their head telling them they must work. Everyone working there does so of their own free will. As far as these guys being disappointed of the response they’re getting over here for $13 an hour, you may want to keep in mind that this forum is most frequented by people trying to learn this business and they’re doing so not with the sparkle in their eyes thinking of $13 an hour.
Realistically, probably not the greatest place to hunt for the entry level workers, agreed. Is the offer trash? Nope. Are the houses within a reasonable price range? Yes.
The real question for a bunch of guys who spend their time on a professional extraction website would be what management can earn. Based on what they’re offering entry level workers it sounds like management can earn a pretty decent wage.
As for the Indeed thing, their pay falls into the low side, but it is an emerging industry. Can you believe a Panda employee can make 15hr out there?! They make like 17-18 out here and the cost of living is easily double what it is in OK.
Is there an upside to this how how much do your experience employees make I go to the poker room and the dealers get tipped $40 per hour on average they’re all felons in a non Casino poker room but the customers treat them right me too
No job is created equal and no person brings the same value to one job that they might to a different job. This job requires a very basic skillset, and is being offered a wage that probably correlates with what is required to perform this task. As several people have pointed out, $14.00/hr in that area of OK should be adequate to survive on. Does that mean it would be fun to survive on that wage? Probably not, but it’s doable. Do you need to be frugal or financial sound with your personal budget to live at that wage? Most definitely. But that’s life, and it’s not fair for anyone.
There are plenty of people who will work for $14.00/hr, especially to put their foot in the industry and start building experience and value to leverage for the future (whether it’s at this job or another).
Running a business means determining value on specific tasks that need to be performed for the business to function. Every position isn’t worth 50k/year, or 100k/year, some positions or tasks are worth $14.00/hr. That’s the reality. If someone increases the value they bring to a business they will find opportunities for more money (whether it’s at that same business or elsewhere).
My work came over to help me Harvest and move he said he would come at 9:00 a.m. and he showed at 5:00 p.m. by midnight he was not doing anything and then he slept till 5:00 p.m. again today and he had to go home by 7:30 because his dog which he has with him is hungry at least the hash all went okay he also said he won’t even get out of bed for $18 an hour I’d be so happy to have decent worker I would pay him a lot
Sounds like you need the help and an additional employee is worth a lot to you. So pay them proportionately.
Let me ask you this—would you pay someone so much that you would not make money?
I feel like the “$14/hour to stuff socks isn’t enough” is coming from folks who are “cutting off their nose to spite their face”
I would love for every employee to make $60,000+ a year—but at some point it doesn’t make fiscal sense to do such a thing. Just cause it’s weed doesn’t mean the rules of business go out the window.
Consider the restaurant industry. You have chefs, servers, line cooks, prep cooks, soux chefs, dishwashers, bussers and restauranters. Therea re minimum wage gigs, profit sharing gigs, good family wage career gigs . . . it just depends.
Worked as a cook for 5 years. Never been more unappreciated, overworked and underpaid. It’s the most fucked up exploitive industry in general.
95% of “chefs” are short order line cooks and hate their lives. They usually drink and drug themselves into a stupor capable of suppressing their dismal existence.
I’m not even going to talk about the horrors of line cooking for $15-25 an hour besides the fact that at one point I had tendinitis so bad on my elbow from sauté cooking that I couldn’t lift more than 5 lbs out in front of me and that only for a couple seconds without excruciating pain.
Once I quit the service industry I started physical therapy and made a full recovery but…ya fuck that.
I was a high paid caterer on movie sets after for a couple years at Troublemaker Studios (owned by Quentin Tarantino and Robert Rodriguez) and loved that gig but it still destroyed my body because of the extreme heat, long hours and heavy lifting.
I wore a pedometer and walked more than 14 miles a day back and forth between the dining area and the kitchen trailer in the texas sun in a fucking chef coat carrying hotel pans of steaming hot liquid and food on my shoulder. The trailer had no ac and was outside on the tarmac at an old airport in Austin and we would read temperatures in excess of 165F off the black top with an infrared temp reader. And the thermometer in the kitchen was usually around 116F.
We were paid $40 an hour but I would never wish that shit on anyone.