Asklemmy

43907 readers

897 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy 🔍

If your post meets the following criteria, it's welcome here!

Open-ended question
Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
Not ad nauseam inducing: please make sure it is a question that would be new to most members
An actual topic of discussion

Looking for support?

Looking for a community?

Lemmyverse: community search
sub.rehab: maps old subreddits to fediverse options, marks official as such
!lemmy411@lemmy.ca: a community for finding communities

~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~

founded 5 years ago

MODERATORS

How Much Is Your Time Worth? (lemmy.ml)

submitted 4 months ago by wuphysics87@lemmy.ml to c/asklemmy@lemmy.ml

41 comments fedilink hide all child comments

I spend a lot of time fixing things, for myself and others. (Computers, electrical, plumbing, etc). While I learn a lot, I wonder sometimes if it would be better to pay a professional and do something else for which I am more 'valuable'. Do you do the same, and do you find it worthwhile?

you are viewing a single comment's thread
view the rest of the comments

[–] bane_killgrind@slrpnk.net 4 points 4 months ago (2 children)

$100 per hour.

The company I work for makes roughly 10m in revenue.

There are 2000 work hours in a year.

There are 50ish total employees.

So 10m÷2k÷50=100.

[–] Tangent5280@lemmy.world 4 points 4 months ago (1 children)

I dont know if everyone at the company contributes equally to revenue. For example, if you are an engineer or in design work or QA, I assume you contribute much more than middle management or supervisors.

[–] bane_killgrind@slrpnk.net 2 points 4 months ago

I don't think it would be much of a company without the admin spending time hiring, or invoices being sent, or various other non billable things being done.

The installation technicians would have a hell of a time getting work done without the project managers doing all the preplanning.

There's no middle management, I'm supervising one colleague and basically make sure he has an appropriate workload that he can complete efficiently and competently.

[–] AstridWipenaugh@lemmy.world 2 points 4 months ago (1 children)

It's not that simple, at all. Who pays the office rent? The insurance premiums? The corporate taxes? Buying equipment? Paying for time off? Etc.

[–] bane_killgrind@slrpnk.net 1 points 4 months ago

I didn't say there aren't costs. I need a car and food and have expenses as well.

The question was what is my time valued at.