Quote:
Originally Posted by Minte
When you employee hundreds of people and supply them with health, dental, death insurances, 401k benefits, work comp insurance you will fail immediately if you don't factor in what is going on politically.
20 years ago a business like mine could fool around and make 18% margins. Today,you better be on the balls of your feet every moment to make 8%. THe margins aren't there anymore to be sloppy or absorb a bunch of hits.
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Sorry Minte, I misread this post of yours and got the impression you were complaining about having to pay them.
You see I thought you were complaining that 10% goes toward paying benefits. Silly me.
Was I right on the Chinese wages bit and it will take a long time for them to catch up?
They don't pay the benefits good employers like you do.
Nice flame about me shooting crack whores. Can you prove that lie?
Quote:
Originally Posted by Rochard
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He certainly seems to shift around a lot. I would love to know what his business is.
I suppose he doesn't employ 100s of people and talking about other businesses. Maybe he's right about his 8% margin. LOL