My situation in a nutshell

http://finance.yahoo.com/career-work/article/107267/pay-cut-cities.html

“Higher-wage people are likely being laid off to a greater degree than lower-wage people, or moderately high-wage workers are being replaced by temps or contractors who are paid less,” says Wial.

The picture is even worse in upstate New York, where average wages fell 2.3% in Rochester and 2.2% in Syracuse.

Shit, I’m never going to get a job that pays what I’m worth, am I?

9 thoughts on “My situation in a nutshell”

  1. —SNIP—
    … but Marta thinks we’re in for a “jobless recovery” worse than after typical post-War recessions. The economist estimates unemployment will peak at 10.5% sometime in the second quarter of next year, meaning another year of job losses awaits.”
    —SNIP—

    http://finance.yahoo.com/tech-ticker/article/273416/Get-Ready-for-a-Real-Jobless-Recovery-Employment-Woes-to-Last-Longer-Than-Normal?tickers=^DJI,^GSPC,GM,xlf,QQQQ&sec=topStories&pos=9&asset=&ccode=

    So, what is your “standard way” or “actual plan” to create revenue? I’m hoping for some senior insight here, even though its the internet age I’m not competing with you because a) I’ve been full-time employee the last ten years and (by local law — see mailadress and by current work contract for the rest of the year which completely forbids any “side jobs”) and b) I suppose I have a different education level.

  2. The problem is that upper management doesn’t know the difference between highly-paid people who are worth it, and highly-paid people who are highly-paid because they’ve been there a long time and kept getting raises because everyone gets raises.

    Middle management who fall in the latter category can’t always distinguish, either, so if they’re the ones making the choices, it can be based on friendship or familiarity rather than merit. Then the company tanks and it’s too late.

  3. “I’m never going to get a job that pays what I’m worth, am I?”

    That presumes that there is some sort of objectively determined
    value for what you are “worth”, as opposed to what you and an
    employer voluntarily settle upon at each transaction.

  4. > That presumes that there is some sort of objectively determined
    value for what you are “worth”

    I believe that is called “minimum wage” in your part of the world.

    Concerning “getting enough money” please see http://theworkinggeek.com/2009/06/the-best-career-advice-my-father-ever-gave.html

    —SNIP—
    and to top it off I just got cracked in the family jewels …! It was just too much!

    I looked at him, … and … I sniffled “They don’t pay me enough to take this shit!”

    Dad chuckled. “Yes, they do,” he said, “they’re paying you minimum wage.”
    —SNIP—

  8. So, lets see whats the Wallstreetjournal has to says about “10 Reasons Employment Is Worse Than You Think”, for example “- The average work week for rank-and-file employees in the private sector … slipped to 33 hours. That’s 48 minutes a week less than before the recession began, the lowest level since the government began tracking such data 45 years ago. … The likelihood is that when economic activity picks up, employers will first choose to increase hours for __existing__ workers and bring part-time workers back to full time.” and “many layoffs have been permanent. Instead of shrinking operations, companies have shut down whole business units or made sweeping __structural__ changes in the way they conduct business. General Motors and Chrysler, closed hundreds of dealerships and reduced brands. Citigroup and Bank of America cut tens of thousands of positions and exited many parts of the world of finance.”

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