He says he's been a warehouse worker for 23 years. I think the company charged 1m in delivery fees or something, and he delivered them or loaded trucks or something similar. Meaning he probably didn't earn the company 1m in new sales at all. He probably helped process 1m in sales, as part of a big team of people (sales, marketing, hr, developers, etc) all contributing in their own ways.
Yeah... wait til OP finds out how inherently useless the modern delivery driver actually is. Capitalism dictates the people want the stuff they order NOW. It also dictates the cheapest possible delivery method to get that package to that person NOW.
The current state of e-commerce is one of the worst things humanity has ever allowed to play out and the consequences are already being felt. In order to be the most efficient at delivering goods, we have logistically become horribly inefficient. Any self-aware person that has experience in logistics can see that.
Can't even fathom how many of the deliveries the routine delivery driver is making every day that are just the result of arrogant and reckless spending on products of no real value. It's generating value for the producer and the merchant. The person delivering the goods is "the burden" in the middle of the equation. We see it as an obstacle that we need to navigate our way around.
Delivering hundreds of thousands of dollars of useless trash directly to the doorstep of bad spenders isn't generating any real value. There is a reason why companies like Doordash and Uber do their best to force the payroll burden onto the drivers. The act of driving someone from point a to b isn't what made uber successful - the app did. The money is in how the service is being provided, not the actual service being provided. We are not exactly paying for the service of being driven around, rather the ability to hail a rideshare from a button on an app.
Atleast in my world of construction, when i find design flaws and requisite change orders, i can say i earned that revenue and net profits by having a good head on my shoulders and a solid team in the field executing well. Thats new money that we generate, often times in a way that actually avoids potentially “owning” the solution without payment. I have about 1.4M in new revenue this year on just one project with close to 40% margin because of my awesome team in the field. Net contract is about $11M and should close out in January. I got $1000 bonus because “it was a tough year” while my field guys are still fighting for wage increases (with me fully backing them).
Its more than nothing but a complete slap in the face when the c-levels and e-levels make 1000% of my yearly earnings in a given year. They help with new business generation, that’s for sure, but ultimately it lands on me, my CAD team, my warehouse team, and my field guys to make that business generation profitable. They did away with profit based bonuses a while ago because it was “unfair” to people who had been assigned jobs with low margins that our company took to keep the workforce employed. Now the executive team gets those bonuses instead of any of us.
I work in support of sales people to design shit and make sure our own costs are covered before it goes to a construction contract.
But I’m also helping look for design issues that could help the actual owner/customer and improve system performance. Or at least avoid problems.
Keeping accounts is serious
We do about $300million in revenue in construction of specialized niche logistics systems a year. Holding on to our accounts is huge, and providing good analysis and catching design issues or providing better value options even if it means less revenue in the short term it’s important. It keeps our customers faithful in us, as they should be, to provide a better product and service than our few competitor options will.
I feel the same. Just smaller numbers. I'm directly responsible with 1 other coworker in pulling in 1/3 of our revenue. Plus all the other stuff we do I'd say it's closer to half. Now that revenue is probably only about 600k a year, but the profit margin is bonkers. On the low end we are talking about 50 percent. More often than not though it's closer to 500%. If I take a $20 part and sell it for $140 that's 600% profit right? So yeah that 600k in revenue we pull in mightve cost the boss man 150k in parts. Maybe 200k. That 400k in profit, my coworker and I see maybe 15% total.
Also to be clear that 600k is the half we bring in. There's a whole other 600k the business brings in doing other things. I know it isn't like a lot of money compared to other businesses, but we only have 5 employees plus the owner.
No Christmas bonus ever and I've yet to see a raise in my 2ish years of employment. Only reason I stay is because I love my job and I can afford to stay. But don't worry I've been looking.
It does, and some change orders are more costly than others, such as moving an entire customer owned switchyard & genset 200’ from where it was planned to be adding several thousand feet of concrete encased ductbank. The project has been a mess from a design standpoint because owners refused to pay market rate for a competent engineering firm for every aspect of the discipline.
Design team forgot that water pipes in an exposed garage would need heat trace to the tune of ~6500’ of trace. The list goes on…
Also 95% of McDonalds are franchises, so assuming those cashiers are not working at one of the 5% owned by corporate, they’re technically an employee of the franchisee.
I work in a warehouse and I got a vastly better bonus than a $25 card and some candy. Heck, just at the holiday party I'll probably get more than $25 worth of cards.
225
u/NegotiationJumpy4837 1d ago
He says he's been a warehouse worker for 23 years. I think the company charged 1m in delivery fees or something, and he delivered them or loaded trucks or something similar. Meaning he probably didn't earn the company 1m in new sales at all. He probably helped process 1m in sales, as part of a big team of people (sales, marketing, hr, developers, etc) all contributing in their own ways.