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Profit Sharing Time

Old 12-31-2019, 02:30 PM
  #11  
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Originally Posted by Crown View Post
sticking with less than last year...I'll say just above 13%
Have you not been paying attention?
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Old 12-31-2019, 02:33 PM
  #12  
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Originally Posted by phoenixc130 View Post
i’m betting on 18%. Didn’t we get 17% 2 years ago?
2013--> 8.26%
2014--> 16.58%
2015--> 21.46%
2016--> 17.81%
2017--> 15.10%
2018--> 14.03%
2019--> ??.??%
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Old 12-31-2019, 02:34 PM
  #13  
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17.61%


.....
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Old 12-31-2019, 03:41 PM
  #14  
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92%.

I’d also be happy with 16 but my wife is spending like I’m about to get a 92% Valentine’s Day check.
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Old 12-31-2019, 05:03 PM
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The company has put nearly the same amount into the pool through 3 quarters this year than all of last year.

We have averaged 28.3% higher put into the pool through 3 quarters this year than last year through three so that would be 18.0 so I’m guessing 17.5.

Last edited by mesaba13; 12-31-2019 at 05:14 PM.
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Old 12-31-2019, 05:16 PM
  #16  
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Damn it, now I got to go look at m last paycheck and dream of $$$
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Old 12-31-2019, 05:45 PM
  #17  
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Originally Posted by mesaba13 View Post
The company has put nearly the same amount into the pool through 3 quarters this year than all of last year.

We have averaged 28.3% higher put into the pool through 3 quarters this year than last year through three so that would be 18.0 so I’m guessing 17.5.
There is a much larger pool of employees this year making higher wages. That reduces the payout percentage.
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Old 12-31-2019, 06:07 PM
  #18  
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Without total payroll and total profit, this is an educated guess. I don’t think payroll has increased enough to eat up all the extra profits that will be in the pool. I know I did some math earlier but I’m too lazy to go back and find it. This is like #3 or #4 thread about it. I’m on record somewhere between 17 and 18 if memory serves.

If payroll is significantly increased to reduce profit sharing then we are part of that increase. I’m at exactly +4% on pay YOY. (With less time at work BTW )
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Old 12-31-2019, 06:57 PM
  #19  
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Originally Posted by Broncos View Post
Have you not been paying attention?
sure have. I also paid attention last year when profits were up from 2017, but our percentage went down. I'm going off past precedent and predicting less than last year. I hope I'm wrong
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Old 12-31-2019, 06:57 PM
  #20  
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Originally Posted by sailingfun View Post
There is a much larger pool of employees this year making higher wages. That reduces the payout percentage.
hence my 13% prediction
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