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Would you carry the same briefcase as your boss? - Page 2

post #16 of 58
There is no reason for a raise except merit. Who is John Galt?
post #17 of 58
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(globetrotter @ April 21 2005,04:15) He never flashed his watch again.
one of the guys who works for me had a big crisis a few months ago - he basically wanted me to double his base salary and he threatened to quit if I didn't. since he is valuable, I worked at gettign him more money, espectially since he kept talking about how he needed it and he couldn't pay for what his family needed, etc. then, after we are done closing his new package, he showed me a video clip of his son on his computer. his son was playing in a very nice in ground pool, in the yard of a very nice villa. as I know this guy lives in an apartment, I asked it this was at his "club". no, this was his weekend house. if I had known he had a weekend house with an inground pool he might not have gotten the raise.
I don't think it's rational to make a decision to bump an employee's salary based upon how well he "apparently" is doing.  Pay the guy what you deem him to be worth or watch him walk.  If he's profitable, you can afford to pay him more.  Of course you must balance the opportunity cost of hiring a cheaper, more profitable worker.  It's business.  I've always believed you don't begrudge another man his salary, even if he is an employee. Notwithstanding the above, the guy is an idiot for showing you the video immediately after securing the raise.[/quote] as a sales manager, I have several people under me who make more than me, that is the way it should be. as policy, I try to take people who can make a pretty low base (my regional sales managers live in Cairo, Budapest and Niarobi, where average salaries are very low, and if they get twice average salary in base they should be happy) and make good commisions. but I need to be on the lookout for miscalculations that could make life difficult for these guys. so I have to play with the base based on what a guy needs to live off of. one of the guys who works for me wears a sable lined coat and drives a (apperently hot) rolls.
post #18 of 58
Thread Starter 
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Keeping in mind that I've never had a boss in my adult life, but I have been one... Get the briefcase.  Tell you liked his so much you got one for yourself.  Normal men don't see bad intentions or "sucking up" in such things.
The issue is not about sucking up. In fact, I thought of getting the briefcase before I even saw his. There are two issues: - I don't want people to think I am spending as much as the boss on a briefcase. - I don't want to be seen with the exact same briefcase as him when we go to meetings together. I guess there are enough ballistic nylon briefcases out there to choose from, but I really like the functionality and materials on the Tumi. Sigh
post #19 of 58
Get this from Dunhill. Your boss will look like a beggar with his TUMI.
post #20 of 58
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(bch @ April 21 2005,05:37) Keeping in mind that I've never had a boss in my adult life, but I have been one... Get the briefcase.  Tell you liked his so much you got one for yourself.  Normal men don't see bad intentions or "sucking up" in such things.
The issue is not about sucking up.  In fact, I thought of getting the briefcase before I even saw his. There are two issues: - I don't want people to think I am spending as much as the boss on a briefcase. - I don't want to be seen with the exact same briefcase as him when we go to meetings together. I guess there are enough ballistic nylon briefcases out there to choose from, but I really like the functionality and materials on the Tumi.  Sigh  
briggs and riley?
post #21 of 58
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There is no reason for a raise except merit. Who is John Galt?
no, AK, you pay a man according to what his value is to you and the market, and what he is willing to work for. if you can pay him less than his value to you, because his value to the market is less or what he is willing to work for is less, than you can try to do that, until he calls your bluff. if you pay him according to his value to you, you may be leaving money on the table, and you may not have room to negotiate in the future.
post #22 of 58
You can also try this leather Tusting on EBay: http://cgi.ebay.com/ws....4201929 Over time it will age nicely and develop character. You can own it a long, long time. Or spend a $1,000 for Swaine Adeney and keep it for the rest of your life. Or, if you can buy real Dunhill for the prices that newyorker pays, you'll soon forget Tumi.
post #23 of 58
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as a sales manager, I have several people under me who make more than me, that is the way it should be. as policy, I try to take people who can make a pretty low base (my regional sales managers live in Cairo, Budapest and Niarobi, where average salaries are very low, and if they get twice average salary in base they should be happy) and make good commisions. but I need to be on the lookout for miscalculations that could make life difficult for these guys. so I have to play with the base based on what a guy needs to live off of. one of the guys who works for me wears a sable lined coat and drives a (apperently hot) rolls.
I gotcha. Not so much an irrational thought on your part (begrudgment), so much as perhaps you were duped/misled into a false understanding of the employment market where you employee lives. Quite understandable in your situation, where you have people working in foreign lands of which you don't have intimate knowledge. Hope you didn't take offense to my previous post.
post #24 of 58
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(globetrotter @ April 21 2005,05:53) as a sales manager, I have several people under me who make more than me, that is the way it should be. as policy, I try to take people who can make a pretty low base (my regional sales managers live in Cairo, Budapest and Niarobi, where average salaries are very low, and if they get twice average salary in base they should be happy) and make good commisions. but I need to be on the lookout for miscalculations that could make life difficult for these guys. so I have to play with the base based on what a guy needs to live off of. one of the guys who works for me wears a sable lined coat and drives a (apperently hot) rolls.
I gotcha.  Not so much an irrational thought on your part (begrudgment), so much as perhaps you were duped/misled into a false understanding of the employment market where you employee lives.  Quite understandable in your situation, where you have people working in foreign lands of which you don't have intimate knowledge.  Hope you didn't take offense to my previous post.
no offense taken, at all. as a matter of fact, I wasn't offended by what my report did, either. he sort of distorted the truth to get a raise, but he knew he was worth it and that he can only do that once. and we both had a big laugh over the video incident, afterwords. but now we both know that I know exactly how well he lives, and exactly how much he is worth the company.
post #25 of 58
Thread Starter 
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(kolecho @ April 21 2005,06:00)
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Originally Posted by bch,April 21 2005,05:37
Keeping in mind that I've never had a boss in my adult life, but I have been one... Get the briefcase.  Tell you liked his so much you got one for yourself.  Normal men don't see bad intentions or "sucking up" in such things.
The issue is not about sucking up.  In fact, I thought of getting the briefcase before I even saw his. There are two issues: - I don't want people to think I am spending as much as the boss on a briefcase. - I don't want to be seen with the exact same briefcase as him when we go to meetings together. I guess there are enough ballistic nylon briefcases out there to choose from, but I really like the functionality and materials on the Tumi.  Sigh  
briggs and riley?
B&R should be a good option, but it is not good for me as I am based in Asia where they have no presence.
post #26 of 58
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There is no reason for a raise except merit. Who is John Galt?
Merit can encompass many things I think. One of them, whether or not the guy actually makes you more and more money, is loyalty. (Which can have the consequence of making you more money). I've always thought this was a value not often enough rewarded. It's been the subject of acrimony between me and others.
post #27 of 58
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(globetrotter @ April 21 2005,06:16)
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Originally Posted by kolecho,April 21 2005,06:00
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Originally Posted by bch,April 21 2005,05:37
Keeping in mind that I've never had a boss in my adult life, but I have been one... Get the briefcase.  Tell you liked his so much you got one for yourself.  Normal men don't see bad intentions or "sucking up" in such things.
The issue is not about sucking up.  In fact, I thought of getting the briefcase before I even saw his. There are two issues: - I don't want people to think I am spending as much as the boss on a briefcase. - I don't want to be seen with the exact same briefcase as him when we go to meetings together. I guess there are enough ballistic nylon briefcases out there to choose from, but I really like the functionality and materials on the Tumi.  Sigh  
briggs and riley?
B&R should be a good option, but it is not good for me as I am based in Asia where they have no presence.
I feel for you. I have walked into a meeting once with an almost identical suit with a coworker, and once with identical shoes as my boss. I lean towards trying to find a different make. good luck.
post #28 of 58
As a business owner and employer (and one who treats his employees well IMO) I have to say that although merit, however defined is THE reason to reward, there are times when rewarding is difficult. Especially in a seasonal business. Therefore if an employee came to me and said that he/she NEEDED more money as this yahoo did (read the story globetrotter posted) I would factor his needs in to the equation as well as the ability of the corporation to provide for their needs. In many occassions this would mean and has in fact meant temporarily skimping elsewhere to satisfy his/her needs. If however someone told me that thay NEEDED more money and then after getting the raise showed up with a hot new car or watch I would certainlybe hesitant to consider them again for a raise anytime soon. This is not to be confused with any situation in which the company has ample resources in which to reward in which case merits are or should be the determining factor.
post #29 of 58
A small firm I worked for once announced to the employees there would be no raises in the coming year. This was accepted with only a little grousing, as the economy was tanking, and other jobs in the local economy were scarce. Exactly one week after the announcement was made, the three partners showed up in the parking lot with brand-new Harley FatBoys. Morale, it should go without saying, tanked at precisely that instant. Dopes.
post #30 of 58
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if you can pay him less than his value to you, because his value to the market is less or what he is willing to work for is less, than you can try to do that, until he calls your bluff.
Please don't use the pronoun "you" here to mean me. I consider this to be an immoral philosophy which you or anyone else may feel free to practice all you want. I shall not. Employees should be rewarded according to their worth (merit). The should not get a raise if they don't merit it. As well, an employer is responsible to make their employees aware of their worth ... not to pay the 75 year-old seamstress $4.50 per hour because she is happy with it (it's 20 times what she made when she started) and now has no idea what the market will bear.
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As a business owner and employer (and one who treats his employees well IMO) I have to say that although merit, however defined is THE reason to reward, there are times when rewarding is difficult. Especially in a seasonal business.
I entirely agree (except about the treating your employees well - to which I cannot testify). I would actually expand "seasonal business" to include "small business".
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