When it comes to paying your bills on time, you might be surprised to learn that some of the biggest corporations in the world are actually quite unstable. That’s because a lot of their revenue comes from one place: speeding. You’ll usually catch people speeding on the freeway, or even just driving slowly in heavy traffic. That’s because there’s often no other way to get where they’re going. So, they have to drive fast. Otherwise, they’ll be late for work, or worse still, they’ll miss important deadlines. That’s obviously a huge issue when you’re paying some of the highest wages in the world. But what’s the deal with the little guy on the street? Does he make the same as a CEO? How Much Do Assistant Managers Make At Speedway? Let’s take a look.
The Biggest Differences Between Managers And Staff
You might assume that the more people you have working for you, the better. Economically, that’s usually true. As a manager, you’re going to have a lot more people working for you. That means you can afford to be a bit more generous with your pay. You might even pay them a bit more than you would a regular employee. The problem is, a lot of your employees will be in a superior position to whosoever they work for. Their job security is definitely in your hands. But how much do you have to pay your assistants to keep them happy?
As the economy improves, more and more people are looking for ways to increase their income. While you might be tempted to pay your assistant managers less, you’ll soon discover that they don’t stay attached to your company for long. If they don’t feel appreciated, they’ll either leave or ask for a significant raise. The truth is, you can’t put a price on loyalty. So, while you might want to get your work done as quickly and easily as possible, you’ll have to pay for the time it takes to do so.
A Rising Star At Speedway?
Speaking of price, let’s take a look at just how much the CEOs of some of the biggest companies make. You’ll probably be surprised to learn that a lot of them make a LOT more than you would think. For example, the CEO of Walmart makes a whopping 500 times what the average Walmart associate makes. That’s a lot of dough.
But it gets even better. The average Walmart associate makes around $8/hour. So, for every hour they work, they make just $8. That means if they work a 40-hour week, they’ll bring home $320. Big bucks! Now, granted, they don’t necessarily need to be in the retail business to do so. But, you get the point.
The Truth About Theories Of Equilibrium
There’s also the theory of equilibrium. Sometimes, investors will bet on whether or not a stock is going to go up or down in value. If they believe that a certain stock is over or underpriced, they’ll often buy or sell large quantities of the stock in order to cash in on their theory.
The problem is, a lot of these investors are complete jackasses. They’ll bet on just about any stock they feel like, regardless of whether or not they have any experience in the industry or whether or not their opinion matters. Sometimes, they’ll bet on stocks that are already overpriced. So, when the stock does in fact go up in value, the jackasses behind it all will have to eat their stupid theory. In some cases, the overpriced stocks go down in value, leaving the betters with a bad taste in their mouth. And sometimes, they just lose their money. Sometimes, they make a lot of money. Sometimes, they lose their money. It’s all about chance. So, while you might want to play it safe and only bet on what you know, you’ll soon discover that the theory of equilibrium is a foolish idea. Just look at the history books if you want to see how often this theory has been proven wrong.
The Bottom Line
As much as we’d like to believe that more people can equal more success, this simply isn’t the case. Sure, if you’re Bill Gates, you can probably make quite a bit off of your idea alone. But what about the rest of us? Especially given how much competition there is in today’s world. You need to be bringing in as much as you can in order to stay afloat.
So, while it might be nice to think that more people = more money, it simply isn’t true. At least, not in the case of the average Joe.
To stay afloat, you’ll need to find a way to pay your employees well, provide them with nice benefits, and give them a sense of security. While you might assume that more people means easier money and more opportunities, you’d be wrong. It usually means harder work for less reward.