Reply to: The answer to life, the universe and everything

[DodgyAgent]

And I'm merely stating facts.

Liar, you are stating your interpretation of something that you assume. Your "facts" are actually your prejudices.

[DodgyAgent]

I am not for any length of time. The point is your "worth" is not what you earn, but what you make your employer - in the private sector of course. Salary costs are not what defines the value of employees - it is their capacity for wealth generation or supporting wealth generation.

Those in IT should remember this when their work is outsourced. It is not their £500 p/d rate that makes them of value to the company.

SausageJockey your "worth" is what someone is prepared to pay you, live with it.

[expat]

I hope you will be writing an open letter to the Economics professors of the world explaining the error in their thinking.

Seems logical to me. Your rate is your cost, not your value.

[IR35 Avoider]

Salary costs are not what defines the value of employees - it is their capacity for wealth generation or supporting wealth generation.

I hope you will be writing an open letter to the Economics professors of the world explaining the error in their thinking.

[Jabberwocky]

So if he's not worth £500/d, why are you paying him £500/d?

I am not for any length of time. The point is your "worth" is not what you earn, but what you make your employer - in the private sector of course. Salary costs are not what defines the value of employees - it is their capacity for wealth generation or supporting wealth generation.

Those in IT should remember this when their work is outsourced. It is not their £500 p/d rate that makes them of value to the company.

[hyperD]

Not even slightly true: if I pay you £500 per day and you make me £600 per day and overheads are £100 per day you are worth pretty much nothing to me, other than potential and as a contractor you have no potential.

Then as a JabberJocky PM with those figures, you're fired!

[thunderlizard]

So if he's not worth £500/d, why are you paying him £500/d?

[Jabberwocky]

In a free market people are "worth" what they actually earn, not a penny more, not a penny less. Any other measure is meaningless.

Not even slightly true: if I pay you £500 per day and you make me £600 per day and overheads are £100 per day you are worth pretty much nothing to me, other than potential and as a contractor you have no potential.

[xoggoth]

In a free market people are "worth" what they actually earn, not a penny more, not a penny less. Any other measure is meaningless.

[bfg]

I'm sure John McDonnell will be forgoing the upcoming 29% increase in his MP's salary and giving it to "the poor" to set a shining example for us all.

And return the £131,388 he claimed in expenses last year

Mind you he hasn't declared any Directorships or Consultancy contracts and he's against the ID card.

[Mailman]

It's results that are paid for, not how difficult the employee found it.

Exactly, Id love to see some of these tree huggers face the same consequences if they do a job poorly that some of these so called "fat cat wide boys" face if they feck up.

Mailman

[benn0]

And I'm merely stating facts.

[Dundeegeorge]

That's as may be

There are plenty of lying thieving shiftless feckless idle bastards at the top end of the financial food chain as well.

but I wasn't discussing politicians, I was correcting a quote about socialism.

[DimPrawn]

There are plenty of lying thieving shiftless feckless idle bastards at the top end of the financial food chain as well.

There's hope for you then mate!

[benn0]

Actually, the quote is.....
A socialist is a lying thieving shiftless feckess idle bastard with nothing who wants to share the benefits of other people's work.

There are plenty of lying thieving shiftless feckless idle bastards at the top end of the financial food chain as well.