Originally Posted by
forgot to bid
You're assuming that $1 guaranteed pay is equal to $1 of PS at the beginning of your post but then you are essentially saying a lower year end W2 is better if the guarantee pay is higher.
So which is better:
A) $100k on 1000 credit hours per year plus 20% PS = $120k
B) $110k on 1000 credit hours per year plus 5% PS = $115k
That's not what I'm saying at all. If I wasn't clear, I apologize.
I'm saying that at any definite percentage of profit sharing, there is an easily calculated dollar value. I would not be opposed to making that dollar value guaranteed. I can't imagine why anybody would.
I'm not suggesting that we accept lower payrates in exchange for it.