Originally Posted by
duvie
Call me blasphemous, but our pay is pretty darn good at the moment. I’m making 250k a year (plus profit sharing, 32k+ 401k, etc) as a bottom reserve CA and theoretically, only up to go pay-wise. Point being, we could rearrange the structure of our pay, but I don’t think it would result in a direct increase in overall compensation. A better path seems to be to focus on trip/duty “rigs” to incentivize more productive trip building (and of course job security provisions, so we can keep this momentum going).
And our model isn’t unique. Therapists, and other consultants/experts charge very high hourly rates, because they don’t “bill” anywhere close to 40 hours a week. Their expertise comes on the back of years of “unpaid” time in their field and often must continue to spend countless unpaid hours keeping abreast of current affairs/theories/ideas and preparing/researching clients so as to continue to be viewed as the “experts” their pay suggests.
Food for thought
Only partially true - many professionals (lawyers, consultants etc.) bill 60 hours per week at super high rates.