What Do You Work For?
Working For Money
Hi I'm David Oliver from Love Work Live Life
Are you working for the money? Sure you say what's wrong with that. Well we are not wired by God to work for money in fact we are wired to make a difference and wired to serve. Making or earning money is a by product.
It was Marion Wright Edelman who said service is the rent for being the reason for existence. So it's an interesting exercise to challenge our thinking about why we do work in the jobs we are in
Working for the money often means looking at the wrong number. I understand that some of us in this room tonight may be on really low salaries but let me ask you what seems like a straightforward question who earns more someone on £80k or someone on £50k? Let me ask you to face one more little bit of reality. At some point honestly add the total numbers of hours you work in a week or month and divide your net salary by that amount and compare that with someone on half your pay or whatever and look at the calculation again;
$80k on an 80 hour week = A Real Income of Just $13.70 per hour In truth I work - including road and air travel - a total of 80 hours per week.
$80K earner pays approx £24.5K tax and £2.9K NI, leaving net pay of £52.6K, which for 80 hours per week for 48 weeks in the year equals
$50k on a forty hour week Real Income of $18.03 per hour
$50K earner pays approx £12.5K and £2.9K NI, leaving net pay of £34.6K, which for 40 hours per week for 48 weeks in the year equals
THAT'S $4.30 AN HOUR BETTER OFF OR 30%!!
A similar calculation for someone on £40 k gives them £ 9.33 per hour and the one on £25k gives them just £ 10.28 per hour. Some of us don't have high paying jobs to start with and a different solution is going to need finding for you but for many of us today - it's wake-up time
What Do You Work For - To learn more about this author, visit David Oliver's Website.
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Joe DagerJoe Dager is President of Business901, a progressive coaching company providing no-nonsense direction in areas such as Lean Six Sigma Marketing and organized referral marketing. What others say: In the past 20 years, Joe and I have collaborated on many difficult issues. Joe’s ability to combine his expertise with “out of the box” thinking is unsurpassed. He has always delivered quickly, cost effectively and with ingenuity. A brilliant mind that is always a pleasure to work with.” - James R. If you want to learn more about Business901, start a conversation with us. We can be found @ Web/Blog: Business901.com Web/Blog: FundingYourNonprofit.com LinkedIn Profile Follow me on Twitter - Visit Joe Dager's Website |
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Stephanie RobeyStephanie Robey is President and CoFounder of Pivot Positive, LLC - an Internet marketing business focused on helping people start work at home ventures. Previously, she was employed at The Search Agency with over 20 years experience in graphic design and 10 years experience in online marketing. She was responsible for launching the Conversion Path Optimization (CPO) unit where she and her team have conducted hundreds of optimization tests for online companies across multiple verticals. She is a successful entrepreneur having started and sold 2 companies and remains on the board of directors of the third, PhotoSpin.com Stephanie began her career in the direct marketing realm creating and producing direct mail for many of the major cable television companies and directly attributes her understanding of Internet marketing to those early offline experiences. Stephanie is a graduate of San Diego State University with a BFA in Graphic Arts and also holds an Executive MBA from the Graziadio School of Business and Management at Pepperdine University. Read Steph's Blog Meet Steph and Dave Sign up for our Free 7-Day BootCamp: Self Employed & Rich - Visit Stephanie Robey's Website |
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