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How much profit do you think you make for the company you work for after your salary?

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Comments

  • mitchaa
    mitchaa Posts: 4,487 Forumite
    edited 23 October 2009 at 8:31AM
    sjaypink wrote: »
    Hamish is mitchaa!!! ;)

    Why because we are both Scottish and have an interest in the Aberdeen property market?:confused:Im definitely not Hamish, not into all the AE nonsense and am happy posting from my own account thank you:mad:

    As to the question, difficult 1 to answer.

    You cost your company about 25-30% more than your gross salary, so someone earning £50k gross will have to be accounted for £60-£65k on the books.

    I have no idea so cant vote.
  • sjaypink
    sjaypink Posts: 6,740 Forumite
    mitchaa wrote: »
    Why because we are both Scottish and have an interest in the Aberdeen property market?:confused:
    Yes. :D

    He was also rattling on about scummy benefit scroungers the other day, now the forces and helicopters...

    C'mon- that makes it obvious, right? :p

    BTW, don't even try and deny you eat battered Mars bars :cool:
    We cannot change anything unless we accept it. Condemnation does not liberate, it oppresses. Carl Jung

  • MrsE_2
    MrsE_2 Posts: 24,161 Forumite
    10,000 Posts Combo Breaker
    I feel left out
    I'm going to be exciting & mysterious & make up an AE:D
  • sjaypink
    sjaypink Posts: 6,740 Forumite
    MrsE wrote: »
    I feel left out
    I'm going to be exciting & mysterious & make up an AE:D
    I'll look out for you later ;)

    I want to be [STRIKE]pretty sad [/STRIKE]exciting & mysterious too :D (but think if I had one I'd be sooo outrageous I'd be caught out within 2mins) :o
    We cannot change anything unless we accept it. Condemnation does not liberate, it oppresses. Carl Jung

  • lemonjelly wrote: »
    How quick with the assumptions.

    Pray tell, what value would you put on preventing a 17 year old from having to sleep on the streets? Or removing the need for a person being taken into care? Or a family from eviction?

    Like the advert says, priceless.

    In direct answer to the OP, last year I made my employers (as I have 2 jobs) way over £100,000. How do I factor the above queries into what I "make"? How do you measure them?

    In answer to your post, you're either a tory, fascist, or a !!!!!.

    i would put no value on these.

    it is just a waste of my tax money.
  • tomterm8
    tomterm8 Posts: 5,892 Forumite
    Part of the Furniture Combo Breaker
    In the past, when I worked for other people, I tended to work in software testing, or user support/advanced technical areas which are generally cost centres which don't make the company book profits, but which are essential to get right if the company want to actually sell things.
    “The ideas of debtor and creditor as to what constitutes a good time never coincide.”
    ― P.G. Wodehouse, Love Among the Chickens
  • Doozergirl wrote: »
    I'm surprised at how many people think they don't contribute to a company's profits because they aren't in a sales role. Different for those in public sector roles.

    People would not be employed if they didn't contribute towards a profit. If you stop a plane from falling out of the sky you help to maintain a reputation of a company with a good safety record,you increase profits through making people feel safe to spend their money on plane tickets. If you train people then you are training them to do their job more effficiently, increasing profits.

    Minimising loss, in a profit making company is contributing towards profit as much as directly selling something is.

    Even if you clean toilets, you're cleaning the toilet because it's cheaper to pay you to do it than someone who costs more and could be out there selling. And it keeps them working there because the toilets are clean.

    Was there a point to this post? People are more valuable than they seem to think they are, I guess.

    I have a part time proper job (for fun really, except it's not fun at all, go figure) as well as us having our own company. There are days where I could save my company more money than I earn at my proper job. I'm actually incredibly stupid. I probably cost my own company as much as I get paid in regular salary.

    The people you describe are in fact an expense to the business - regardless of their value. Direct or semi variable costs are usually associated directly with making a product or providing a service, can be labour/materials/power to operate machinery/support engineers etc

    They are the costs usually used to price a product or service inhouse. Anything else is an overhead or expense - they add no value to the product or service - but you need them to pay wages/clean toilets/pay bills etc. The expense/overhead costs are then added to the direct/semi variable cost to give you the cost of your product/service - the prime cost. Not the same as the selling price.

    Some businesses may (and do) decide to have a greater proportion of expense/overhead costs than others, it could be because they feel it will provide a better service/product than a competitor (not always the case by any means).

    Large expense/overhead costs can impact companies profitability - they generally don't impact profitability positively.
  • Doozergirl
    Doozergirl Posts: 34,082 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    The people I describe are people on this board, on this thread!

    People who 'minimise loss' but don't think they contribute to profits. Yes they do. They are the people that prove whether a company does what it says on the tin. That stop planes falling out of skies, that train others to do their jobs more efficiently, that make somewhere a nice place to be and keep the customers coming back for more.

    One friendly face on the checkout at Asda can make that entire brand the one that is worth doing all your shopping at.
    Everything that is supposed to be in heaven is already here on earth.
  • Doozergirl wrote: »
    The people I describe are people on this board, on this thread!

    People who 'minimise loss' but don't think they contribute to profits. Yes they do. They are the people that prove whether a company does what it says on the tin. That stop planes falling out of skies, that train others to do their jobs more efficiently, that make somewhere a nice place to be and keep the customers coming back for more.

    One friendly face on the checkout at Asda can make that entire brand the one that is worth doing all your shopping at.

    Someone on a till in Asda is a direct cost - not an expense/overhead.

    The person on the till in a bank is a direct cost - not an expense/overhead.

    The pilots/airtraffic people are direct costs - they are the operation of the business.

    OH is an airtraffic engineer - he is operational staff - a direct cost not an expense/overhead.

    It is how business is costed - any business.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If I sold an intergrated desktop to printing press software application, together with related installation consultancy services to a major newspaper for £8 million. How much have I made the company which employs me?
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