Bottom line is that we earn what we believe we are worth.
If you believe you are only worth $30,000/yr., you will make sure that is what you earn. If you believe you are worth $100,000./yr, all of your decisions will be guided by that belief.
It begins and ends with what you believe to be true. :yes:
The biggest mistake that you can make is to believe that you are working for somebody else. Job security is gone. The driving force of a career must come from the individual. Remember: Jobs are owned by the company, you own your career!plbgbiz said:This reminds me, it's time to re-listen to my Earl Nightingale recordings.
Not really, but isn't this contradiction? <snip>
There is no difference between flat/rate and T&M ??
Providing that; the T&M shop keeps averaging records for the hours they can charge for. [chargable hours -- vacation, pd holidays, sick, snow, clean truck, flat tires, go to a funeral, jury duty, hunting and all the others are not chargable hours they in most cases are paid hours. The trick is to get chargable hours to pay for them]
That the T&M shop knows the true cost of labor and the bennies on that labor.
That the T&M shop knows the true cost of O/H by the year, month, day, hour and the minute.
That the T&M shop knows how to figure corrected markup.
Sadly most T&M shops do not keep the records they need.
To implement a flat rate program you are forced to keep those necessary records.
I'm sure that the first line of this post will provoke some comments.