Career Path > Salary Questions
Wage Raises Due To Tax Cuts
TVA:
The point being DZ and others arent going to offer a wage raise. They negotiate with those who require their services. If DZ says hey we are going to hike or per hour 2 bucks an hour because....
The utility hires the company that didnt raise their rate. DZ isnt there for the individual they are there for DZ
atomicarcheologist:
--- Quote from: Marlin on May 10, 2018, 10:15 ---
--- Quote from: Marlin on May 10, 2018, 10:15 --- Typically contractors do talk more about wage than pay package and contractors have been effectively declining on both counts for a long time. Contractors are laid off and rehired for each job and are typically locked into negotiated contracts. Brick and mortar employees may be able to count on pay raises while employed but I strongly suspect that job shoppers will only see an increase with new contracts and staffing which may appear in the bonuses paid or other compensation. YMMV
--- End quote ---
Contractors are laid off and rehired for each job and are typically locked into negotiated contracts. Brick and mortar employees may be able to count on pay raises while employed but I strongly suspect that job shoppers will only see an increase with new contracts and staffing which may appear in the bonuses paid or other compensation. YMMV
--- End quote ---
I understand that NPP contracts are for a number of years, not a per project basis, which is my venue.
atomicarcheologist:
--- Quote from: TVA on May 10, 2018, 11:32 ---The point being DZ and others arent going to offer a wage raise. They negotiate with those who require their services. If DZ says hey we are going to hike or per hour 2 bucks an hour because....
The utility hires the company that didnt raise their rate. DZ isnt there for the individual they are there for DZ
--- End quote ---
Existing contracts are in place for those BOP on the Wish List per company. Each company is in an additional 18% profit margin.
Perhaps those companies are too deep in the swamp.
Marlin:
--- Quote from: Atomic Archeologist on May 10, 2018, 12:21 ---Existing contracts are in place for those BOP on the Wish List per company. Each company is in an additional 18% profit margin.
Perhaps those companies are too deep in the swamp.
--- End quote ---
An 18 percent increase on a slim margin is not much of an increase. I don't know what today's margin is but it has been just 6 percent at times with which they take a profit and pay home staff, facilities upkeep and rent/mortgage. There may be some capital costs that can be caught up on if the company also provides other services. I would not expect much if any increase in wage. I have known companies to bid these contracts for cash flow as opposed to profit because there is a lot of money flowing but not much profit which is brought in by other contracts (deliverables) that are not staff augmentation.
TVA:
Private contract with a private company. No swamp
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