As a business owner I am shocked that someone would offer a % on turn over. Turn over does not mean profit. You can turn over 20k per month and only make 2k profit or no profit! Then to give away a % of turn over is very generous indeed.
Craig ----- Original Message ----- From: "Sid Bachtiar" <[email protected]> To: <[email protected]> Sent: Monday, February 09, 2009 9:26 PM Subject: [phpug] Re: Salary > > Ah, so you someone offered you that. > > It's a good offer for a junior developer role. > > On Mon, Feb 9, 2009 at 6:20 PM, [email protected] <[email protected]> > wrote: >> >> Well, Here is a thing, I've been working part time in the same company >> for 1.5 years now. Now I'm graduated (National Diploma) and they want >> me to work for them full time. >> >> I like the boss, job isn't that difficult. >> >> BTW, turnover means `income - expenses`, right? >> >> On Feb 9, 5:57 pm, James McGlinn <[email protected]> wrote: >>> On 9/02/2009, at 3:29 PM, [email protected] wrote: >>> >>> > Junior PHP Developer, 40K + 3% of monthly turnover. >>> >>> > How does it sound? >>> >>> Depends: >>> >>> - how much do you want to earn? (i.e. is $40k enough) >>> - what's expected turnover? >>> - how much influence does the Junior PHP Developer role have on >>> turnover? >>> >>> It seems odd to tie remuneration to turnover for a developer role, but >>> I guess it's not too different to companywide bonuses for making >>> budget which aren't unusual. 3% of turnover seems high unless the >>> company's margins are insane. Performance components of salary would >>> ordinarily be tied to profit. >>> >>> All comes down to how you feel about the company's prospects I guess. >>> For a junior role $40k sounds reasonable, especially at the moment. >>> >>> Kind regards, >>> James McGlinn >>> __________________________________ >>> CTO >>> Eventfinder Limited >>> Suite 106, Heards Building >>> 2 Ruskin Street, Parnell, Auckland 1052 >>> Phone: +649 365 2342 >>> Mobile: +6421 633 234 >>> >>> [email protected] | www.eventfinder.co.nz >> > >> > > > > -- > Blue Horn Ltd - System Development > http://bluehorn.co.nz > > > --~--~---------~--~----~------------~-------~--~----~ NZ PHP Users Group: http://groups.google.com/group/nzphpug To post, send email to [email protected] To unsubscribe, send email to [email protected] -~----------~----~----~----~------~----~------~--~---
