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I don't want to be paid by the hour. I want to get paid by the return I generate. The idea of renting your life to someone else for sustenance is at an anthrop

by sunir 9y ago

I don't want to be paid by the hour. I want to get paid by the return I generate. The idea of renting your life to someone else for sustenance is at an anthropological level odd, don't you think? Also from a capital point of view. Why work harder? In fact why not work easier if you are paid by clock hours.

sangnoir 9y ago
> I want to get paid by the return I generate. Return to who - your employer or 'the market'? If your employer fails to monetize the widget you've just made, are you happy to get $0?
- sunir 9y ago
  That's just allocation of risk to return. It can be negotiated and modelled in several ways; you're familiar with this: Some sales people make commissions. Some HR managers get salaries. Some engineers get salaries plus equity plus profit sharing. It's easier to move risk onto labour if they labour has more direct control over the return, which is why sales people are more comfortable with direct commissions than engineers. Because my consulting practice is based on operational improvements and not ownership of the end result, I don't work on a commission basis but on value-based pricing.
hasbroslasher 9y ago
It is funny that people say "we should be paid hourly" but any job I've ever had with hourly pay I did as little as I possibly could. Possibly because I was a stoned teenager in food service. But even as a salaried employee, I don't often feel like I'm here because they need me every hour from 9 to 5 - I feel like I'm here because I can do some things and if I weren't here at all they'd be in trouble. Anyway, I was also a stoned teenager in food service when I got a job at a pizza shop delivering pies. No hourly pay, just $20 a day plus a $2/$5/$10 delivery fee depending on how far you were from the shop. I kept all the tips and payday was 11:30 or so every night. I've never worked harder or felt better about work than I did coming home with my pockets full of money at the end of the day - it was clear that my showing up and busting my ass made me my paycheck. Ironically, this is called "getting paid under the table" and it's illegal.

by sunir 9y ago

sangnoir 9y ago

> I want to get paid by the return I generate. Return to who - your employer or 'the market'? If your employer fails to monetize the widget you've just made, are you happy to get $0?

sunir 9y ago
That's just allocation of risk to return. It can be negotiated and modelled in several ways; you're familiar with this: Some sales people make commissions. Some HR managers get salaries. Some engineers get salaries plus equity plus profit sharing. It's easier to move risk onto labour if they labour has more direct control over the return, which is why sales people are more comfortable with direct commissions than engineers. Because my consulting practice is based on operational improvements and not ownership of the end result, I don't work on a commission basis but on value-based pricing.

hasbroslasher 9y ago

It is funny that people say "we should be paid hourly" but any job I've ever had with hourly pay I did as little as I possibly could. Possibly because I was a stoned teenager in food service. But even as a salaried employee, I don't often feel like I'm here because they need me every hour from 9 to 5 - I feel like I'm here because I can do some things and if I weren't here at all they'd be in trouble. Anyway, I was also a stoned teenager in food service when I got a job at a pizza shop delivering pies. No hourly pay, just $20 a day plus a $2/$5/$10 delivery fee depending on how far you were from the shop. I kept all the tips and payday was 11:30 or so every night. I've never worked harder or felt better about work than I did coming home with my pockets full of money at the end of the day - it was clear that my showing up and busting my ass made me my paycheck. Ironically, this is called "getting paid under the table" and it's illegal.