Originally Posted by
Grumble
How much of this years is over the 6.9% margin that triggers the 20%? That's where we make our real money.
Not sure, but we are slightly ahead on profit and expectations for Q4 are for more of the same. In addition, revenue is down a tiny bit so the percentages should be ever so slightly higher than last year. My personal guess is that this year's profit sharing will be ever so slightly higher than last year's percentage. If I remember correctly, last year's PS was 13% so I'll take a SWAG here and say PS payout in 2017 will be 14% of your 2016 W2 wages.
Of course, as always, should any member of your team be caught or killed, we will disavow any knowledge of said SWAG, and furthermore one should never put a down payment on a new boat based on the SWAG of some internet kook