Basically this. You’re working in a department that really doesn’t get a whole lot of opportunity to advance in pay. Derrick is a good company, and is usually pretty good to their employees but really not a career job unless your sitting at a desk. I’d suggest parting ways and looking for something else.
all of this has nothing to do with derrick corp. they are very profitable and they are able to be so by not paying the laborers. When i put in my 2week notice at derrick they asked what the next job was paying me to try to give me a raise to stay. when i told them the next company was paying me almost $15/hr MORE then them they said could help me but not that much. lol
you will not get a raise unless you find another job and have leverage. but at that point why even bother staying. that place is a sweat shop.
Did GM not pay back the loans? So stock prices fell and you want your money back? Isn’t that the nature of investing?
BTW, instead of giving raises, GM is going to flatline salary and use the bonuses based on company performance to adjust annual payout.
Your Employer is only going to pay you enough to keep you doing your job, and not walk out.
Find another place that will hire you to do the same thing for more money (like your friend did) and then you have something to bargain with. Then if you ask for a raise, the “boss” knows you are not bluffing, and if he doesn’t give it to you, quit and go work at the other place.
X…
In any job the questions I asked are valid. I suppose that is unless the job requires limited marketable skills and/or the company doesn’t really care if they retain workers. But if a company doesn’t care to retain the worker that speaks volumes on the number of workers capable/willing to do the job. Sweat shops exist when there is enough cheap labor coming and going for a particular task and workers are “disposable” in the companies eyes. Skilled labor doesn’t usually come and go nor work at sweat shops performing mundane low wage jobs with no raises.
For the record I’m NOT saying anyone here has no skills. For all I know you own bow-staffs and have mad skills. I’m speaking purely from a business perspective. Why pay someone $20 an hour if they (or a replacement worker) will do the same work for $10. Best suggestion is to move on if the person has more marketable skills (as you did turbociv). If not then get educated or find a skilled trade to grow into so you don’t have to be at the mercy of a sweat shop forever.
Worked for me once… if nothing more its good interviewing experience and a free appraisal (if you get an offer). I thought it might be wierd taking the raise and staying, but my boss understood why I had to do it.
Let me elaborate since you don’t have all my points. I didn’t want to turn this into a GM rant thread but f’ it…why not. 
GM was allowed to bomb and write off their old stock at the expense of long term, loyal shareholders.
They were then handed billions in bailout funds, courtesy of taxpayers, many of whom probably owned old GM shares in some capacity.
They then were allowed to create a new stock offering that brought in around $50 BILLION dollars of new investor money. None of that money went to repay the old shares.
My point is not that the old stock went down…it’s that they killed the old shares (essentially but see below) and created new shares with no repayment to old shareholders from new share proceeds. That’s stealing! Plain and simple.
If I owed you $10k, took on a new loan and stopped paying you because I had a new loan would you be pissed? Should your loan cease to be worth $10k just because I took on a new loan?
For the record I don’t nor have I ever owned any GM shares. It’s not like I’m a disgruntled investor here. Any stocks I do/have owned I understand the risk of perceived value. Seems many Americans are OK with stealing, now that I never took into consideration when trading stocks. LOL
Old GM shares were at one point worth like $90 if this charts old data was merged correctly. The new shares are called MTLQQ, they trade on pink sheets and are valued at around .08 per share. New GM shares are about $36 per at the moment. Is that fair?
No raises available for me.
In Sales Management, it’s simple. Work Harder & Smarter = More Commission & Bonus.
Close, but not quite…
GM stocks tanked for sure, lots of people lost money. That’s the nature of investing.
GM got money from the government (like lots of companies did), and was told to repay said money (unlike many companies). The government decided to get some of it’s money back by having GM offer shares to the public, which the sale of would go to repay the government. Eventually, GM will be separated from the government completely (hopefully) and the stock trading will continue like nothing happened.
So GM lost money, taxpayers lost money, the government got everything it “loaned” back. Isn’t this how the government works?
I don’t want to spend much more time on this as clearly we aren’t going to see eye to eye. Overall the government bailouts were a loan the government took to keep lending and big biz going. Even if we say the bailouts were “paid back” to the go-mint the dollars created weren’t destroyed and therefore nor was the debt that those dollars were birthed from. There are now more dollars chasing the same or fewer goods. Not to mention there is an interest burden on those dollars created into existence. In the end it’s all made possible by inflation and/or higher taxes.
PS…do you have $10k I can borrow? I’ll give you shares of TB. Some day they may be TBQ and worth $10 without the k on the end but that’s ok right? LMAO
Added—I wanted to touch on something.
GM didn’t “lose” anything they mishandled their biz and money.
Tax payers have no choice and we are constantly robbed of our money, though the bailouts magnified the norm exponentially.
Investors were raped. The funny part is most the old GM investors probably bought into the new GM shares. “Fool me once…”
The go-mint ALWAYS get’s it’s money…they create it and make the system possible after all.
the grass is usually not greener…
Unless you smoke it?
I keed.
Just to give the poster a general idea, if you worked for the company I do and had been there for 5 years you would probably be making ~$16/hr plus performance incentive pay. 130% performance is probably the average for a 5 year employee, so that would come out to about $21/hr. You would also have 3 weeks paid vacation and 2 weeks of yearly personal time.
Not sure how that compares with what your making now, but it is for semi-skilled to non-skilled labor.
I think it would be pretty obvious after 1-2 years how often they’re willing to give raises…
Not sure why you stuck around 5 years if your un happy?
I highly doubt anybody at my place of employment has gotten a raise, except for a couple promotions, since before the whole shitstorm struck in late 08. Most salary employees took a 5% pay cut until late last year. Things are starting to get better now but they are still pretty gunshy with bringing people back and returning to normal. We are in a fairly similar business and have the same type of work that derrick does.
Quit and go work for yourself, found it’s the only way to make sure you’ll get paid.
This.
Scariest shitstorm I have seen in my 25 years in industry. Things seem to be getting better now but, a lesson was learned by all who survived so…
This thread makes me VERY thankful for the job I have with the company I have!!!
are they hiring lol?? I would be happy to make 16 and bust my ass… All i really wanted was a dollar to dollar fifty raise. I really dont even wanted to post what I make an hour cuz its no where near 16 lol.
The only thing good about derrick was the fact that i made it thru college working almost 50 hours a week and going to school because they really didnt care about my schudle. I could work when ever I wanted.
believe me if I had the money I would, but seeing I have had to pay for every single thing and never had help from my parents I unfortunately cant even make enough money to support myself right now bc of school loans/ car payment / insurance/ health bills…
hiring lol?
what really upsets me is that I get all this responsibility, and have to train the new guys and pretty much build the whole damn machine sometime and get no credit at all. I started looking for jobs this morning but had to get some sleep.
They are, but very limited… and it’s not easy getting into…