if its 50 hours a week Overtime (time+half for the ten hours every week) so 15x52= 598 at $11.25 = $8775 if its 10x52=520 x 11.25 = $5850
base yearly salary at $7.5 = $15,600
with over time salary at 55 = $24,375 /yr. or 50 = $21,450 /yr.
Total of 2,860 hours
$102,000 potential win amount = +$36.44/hr
Total Working: $43.94/Hr, Salary of $123,450
Here is a rough draft so far of the terms...
1.) We mutually decide upon a McDonald's close to where he lives.
2.) He gets a entry level job at that location.
3.) Every week he must work a minimum of 55 hours.
4.) He must work all 52 consecutive weeks from the start of the prop bet.
5.) I gave him 85 to 1 odds, with a maximum wager of 1.2k.(Max win of 102k, max loss of 1. 2k for him) 6.) I will be in contact with his manager to make sure he is working hard and meets requirements.
7.) AlReturns must post pictures and give trip reports on a weekly basis.
It probably wont be easy finding a McDonald's that will have him work 55-60 hours for every week but I am sure its possible.
Cliff notes: Friend must work at McDonald's 55hrs a week, for all 52 weeks without quitting.
Poll: Would you do it? (Vote): Yes, Probably fail/get fired (Vote): Yes, easy. (Vote): No way, too hard. (Vote): No, I make more already. (Vote): Other.
lol @ calling his manager to make sure he's working hard.
I'd probably try then fail horribly when I get fired for constantly being late and high on shift. Only things you could do to make it at all bearable lol.
The $102k wager won't be taxed. Which state are you in anyhow? Anyways I'd think this would be the equivalent of $80/hour taxable income, equivalent to something like $220k in a year. Hell I'd do that.
This seems like a risky bet if he has to work the full 55 hours each week to get the money. If they hire too many people or business goes down or something, and he only gets 45 hours, then he loses even if he's already worked there for ages.
i think being scheduled @ mickey d's for 55 hours a week will be the hardest part for him. Managers of any food service company usually frown on giving people any kind of overtime.
8 hrs a day for 7 days... hmm, seems boring, but if you can find some frequent customers or cool coworkers to chat with, then time will pass by faster. i'd do it. $102k untaxed.
I think the hardest bit would be convincing the employer to give him that much overtime. I actually don't think it'd be possible unless the manager got a pretty big bonus for giving overtime.
I've done 70 hrs a week while attending school fulltime for several months (though I was getting paid better than minimum wage-- that's my incentive-- and the company I was employed at was in the middle of a hiring freeze so management needed me to work those hours), so I'm pretty sure I could hold up my part of the deal, but making sure the management gave me the hours I needed? Don't think it'd happen.
I don't want to mention underdeveloped here, so I will just point to the hoards of Polish people that came to Britain three years ago when the exchange rate was still high and high percentage of them worked those 55 hours of menial jobs (McDonalds is not the worst place to be in trust me) for the whole year for much less. Year in the UK with perhaps 4x higher minimum wage than in Poland, massive overtimes and than go back home.
Its a standard and the opportunity cost of doing a menial job in foreign country was still worth it for them
One of my friends was talking about this thread with some kids we graduated from HS with. One of them was a manager at McDonalds. After talking it over with him, he said he would hook me up.
This means he probably will be hooked up with the 55 hrs/week - which makes this EZ money
I wouldn't mind doing this. I've worked at Dairy Queen and it was pretty bad but something I could live through and my Mom worked 10 years at MacDonalds and was a Manager of the MacDonalds that she worked at so it isn't that bad but the pay is horrible.
kinda shady op, but after a moment of 1+1 id say absolutelly. for a million SEK id easily do it over a year. I allready have my journalism degree so i could pay off my loans and just buy an appartment wherever and build a music studio. A year goes past insanely quick + McDonalds is considered a very good merit in sweden. Its crap pay + stress + social skills. Everything an employer looks for in an employee.
10 people said they make more already, but none of them have commented yet. I was looking for some comment of such people. I didn't know rich people love bw:-)
55 hours a weeks is soooo many hours. That's way, way worse than just 40 hours a week- it basically means you have no weekends at all. Every day just work, eat, fall asleep exhausted.
Lol Charlie I thought you were putting up the 100K and I was thinking "What are you doing spending all your time on this website if you have that much throw away money?"
On January 23 2009 01:21 randomKo_Orean wrote: 40% of people who said this would be easy:
You are all fucking spoiled and have no clue how shitty working 55-60 hours is.
I assume most people who voted that it'd be easy really mean "it'd be frustrating as hell, but I'm sure I could go a year without quitting or getting fired", but just didn't feel like voting for "other".
Doing this for a whole year, without a week off seems really hard to me; I wouldn't ruin a whole year of my young life for only 200k.. Maybe I am greedy
Yeah don't places like McDonald try to avoid paying overtime? I really don't see why they would let someone work that much overtime EVERY week for the entire year. Also I would imagine while that would be rather boring after like 6 months they would probably upgrade you to a manager if you were even reasonably useful lol just because McDonald's turnover is so high.
On January 23 2009 03:07 bburn wrote: Yeah don't places like McDonald try to avoid paying overtime? I really don't see why they would let someone work that much overtime EVERY week for the entire year. Also I would imagine while that would be rather boring after like 6 months they would probably upgrade you to a manager if you were even reasonably useful lol just because McDonald's turnover is so high.
On January 22 2009 22:56 Matoo- wrote: No way I would ruin one entire year of my life for $100k.
Agreed.
What's the average life expectancy? 70? Assuming he's already in his 20s I wouldn't waste 1/50th of the rest of my life working that much for a year for 100k.
On January 22 2009 22:56 Matoo- wrote: No way I would ruin one entire year of my life for $100k.
Agreed.
What's the average life expectancy? 70? Assuming he's already in his 20s I wouldn't waste 1/50th of the rest of my life working that much for a year for 100k.
It's not a waste of a year. As long as this man doesn't go into it with the mindset that he'll hate the job, he won't have wasted a year. Working at McDonalds is all about personal interaction and he'll have plenty of opportunities to talk to people and make friends. It will certainly be taxing, but he can do it easily.
For everyone who said he wont be able to find a place where he can guarantee he'll get 55 hours of work a week: He was talking about the bet with some old friend from high school (IIRC, it's in the thread somewhere) who it turns out is the manager of a McD.. 1 year employment guaranteed basically.
there are holes to this bet. what if he gets a promotion, like right off the bat? what if he bribes to manager to lie?
this is a big flop cuz some shit will happen, the man who placed the bet is going to rofl. [spoiler =like during the 11th month.[/spoiler] *calls the manager* "ya this guy is a jackass, please fire him" [/spoiler]
On January 23 2009 04:43 LuckyFool wrote: Minimum wage is under 7 dollars an hour I believe, at least for most parts of the US.
That is just grotesque. Minimum wage in Denmark is arond 10$ for people under 18 and around double that for people above 18. I make 23$/h doing dishes at a restaurant. Working for such low wages is just absurd and I honestly don't see how you can make a living of such a low income.
On January 23 2009 04:43 LuckyFool wrote: Minimum wage is under 7 dollars an hour I believe, at least for most parts of the US.
That is just grotesque. Minimum wage in Denmark is arond 10$ for people under 18 and around double that for people above 18. I make 23$/h doing dishes at a restaurant. Working for such low wages is just absurd and I honestly don't see how you can make a living of such a low income.
you really can't make a living off of such a low income, but some people do manage.
On January 23 2009 04:43 LuckyFool wrote: Minimum wage is under 7 dollars an hour I believe, at least for most parts of the US.
That is just grotesque. Minimum wage in Denmark is arond 10$ for people under 18 and around double that for people above 18. I make 23$/h doing dishes at a restaurant. Working for such low wages is just absurd and I honestly don't see how you can make a living of such a low income.
Right now minimum wage for the US national standard is $6.55/hr for anyone and everyone.
On January 23 2009 04:43 LuckyFool wrote: Minimum wage is under 7 dollars an hour I believe, at least for most parts of the US.
That is just grotesque. Minimum wage in Denmark is arond 10$ for people under 18 and around double that for people above 18. I make 23$/h doing dishes at a restaurant. Working for such low wages is just absurd and I honestly don't see how you can make a living of such a low income.
On January 22 2009 22:56 Matoo- wrote: No way I would ruin one entire year of my life for $100k.
Agreed.
What's the average life expectancy? 70? Assuming he's already in his 20s I wouldn't waste 1/50th of the rest of my life working that much for a year for 100k.
This is a silly argument. 99% of people will waste way more than 810 hours ([14 hours additional work per week * 50 weeks] + [55 hours a week * 2 weeks that you normally have leave] = 810) of their life paying off study debts/buying a place to live. I don't know how things are in the US, but my sister got a good job at a big SA engineering firm last year, and she will work for 8 years to pay off the car + apartment she bought. If she could do this for a year before moving out she would be able to buy both those things in cash, and then spend the next seven years of her life saving up a shitload of cash that she would have payed on the house. For those with study loans, this is probably even worse.
I would do this in the blink of an eye simply because working hard for one year will save me a lot of work and money in the long run. I am fairly sure that I will come close to dying of boredom during that year, but many people have much worse jobs and they survive, if I put my mind to it I'm sure I could survive. It's funny how we all seem to believe that we deserve jobs that will entertain us.
Honestly though, if you think about it, how many of you will have jobs where they can claim an $80,000 tax free profit at the end of the year. That is a larger profit than the average psychologist with a Ph.D makes per year in total(according to wikipedia), and yet some of you claim that you wouldn't work weekends for one year to make that. You must have the world's most comfortable jobs.
On January 23 2009 04:43 LuckyFool wrote: Minimum wage is under 7 dollars an hour I believe, at least for most parts of the US.
That is just grotesque. Minimum wage in Denmark is arond 10$ for people under 18 and around double that for people above 18. I make 23$/h doing dishes at a restaurant. Working for such low wages is just absurd and I honestly don't see how you can make a living of such a low income.
We're not taxed 40% on income.
lol you don't get taxed anywhere near that much with minimum wage.
On January 23 2009 04:43 LuckyFool wrote: Minimum wage is under 7 dollars an hour I believe, at least for most parts of the US.
That is just grotesque. Minimum wage in Denmark is arond 10$ for people under 18 and around double that for people above 18. I make 23$/h doing dishes at a restaurant. Working for such low wages is just absurd and I honestly don't see how you can make a living of such a low income.
We're not taxed 40% on income.
Heh, I guess you're right. Personally, I don't pay taxes: noone does beneath 42.9k kr, which is roughly 7.6k US $. There are certain fees which add up to a certain percentage taxation for this bracket (don't remember the actual number but it's low), but the bottomline is that for the lowest percentage the tax burden is minimal. Above an annual income of 50k $ a year the taxes are high tho, at least 40% as you point it. But a McDonalds employee would never have to pay 40% in taxes. The point I'm trying to make is that noone can make a living of 7.5$/h despite paying no taxes whatsoever, assuming an average 37h work-week.
Well I said no because right now I am still finishing gr.12 but if I was taking a year off to make money before I started college I would definately try.
The one part of this deal I probably couldn't stand would be the smell. Smelling like McDonalds, all day every day...I just don't know if I could take it. I'd have to exercise every day after work to sweat out all the grease, and then shower and dispose of my work clothes before I got home so that my place wouldn't smell like a deep fryer.
Any other minimum wage job - count me in. I love menial labor.
On January 23 2009 01:45 Luddite wrote: 55 hours a weeks is soooo many hours. That's way, way worse than just 40 hours a week- it basically means you have no weekends at all. Every day just work, eat, fall asleep exhausted.
It's not that bad at all working 11 hours M-F. 11 hours working 8 hours sleeping 1 hour for commute, showering, etc. 4 hours free time every day weekends off
That's my schedule now anyway. I'm also surprised by how many other people chose "I make more than that already."
On January 23 2009 04:43 LuckyFool wrote: Minimum wage is under 7 dollars an hour I believe, at least for most parts of the US.
That is just grotesque. Minimum wage in Denmark is arond 10$ for people under 18 and around double that for people above 18. I make 23$/h doing dishes at a restaurant. Working for such low wages is just absurd and I honestly don't see how you can make a living of such a low income.
We're not taxed 40% on income.
Heh, I guess you're right. Personally, I don't pay taxes: noone does beneath 42.9k kr, which is roughly 7.6k US $. There are certain fees which add up to a certain percentage taxation for this bracket (don't remember the actual number but it's low), but the bottomline is that for the lowest percentage the tax burden is minimal. Above an annual income of 50k $ a year the taxes are high tho, at least 40% as you point it. But a McDonalds employee would never have to pay 40% in taxes. The point I'm trying to make is that noone can make a living of 7.5$/h despite paying no taxes whatsoever, assuming an average 37h work-week.
That also depends on living costs in the country you are staying in. For instance, in SA if you were to make 7.5$ per hour, and work a normal 40 hour week you'd make roughly $1200 per month. You can easily get a fairly nice room in a commune for $150-200 per month, or a rent a crappy flat in a slummy area for roughly the same. If you are willing to pay around $300 p/m you could live in a decent flat with a flatmate. That leaves you $900 for the rest of the month. Living reasonably well will cost you about $180 p/m, leaving you with $720 of which about $100 would go to petrol. So:
Obviously getting stuff like medical aid and insurance will drain that $620 very quickly, but it's more than possible to survive on that in SA. Our maid gets paid around $600 per month for 10 hours of work a day, 5 days a week (a salary which is above the average, average maids get paid between $300 and $350 a month) and she is the sole provider for 2 children from that.
On January 23 2009 04:43 LuckyFool wrote: Minimum wage is under 7 dollars an hour I believe, at least for most parts of the US.
That is just grotesque. Minimum wage in Denmark is arond 10$ for people under 18 and around double that for people above 18. I make 23$/h doing dishes at a restaurant. Working for such low wages is just absurd and I honestly don't see how you can make a living of such a low income.
do you seriously get 23$/h doing dishes? That's more than like half the US population makes. Hell, I think thats more than what half of US HOUSEHOLDS make.
My prediction is this dude will write a book on this win or lose, and make tons of money in the process. I think the story behind this little bet is really interesting.
yea in scandinavia we do make that much im paid almost $30 per hour for working in a warehouse, overtime makes that like either 40-45$ or $55-60 depending on when.. this is starting salary in a job with no training or previous knowledge required. maybe its a couple dollars less now cause the dollar is stronger compared to the norwegian crown than it used to be
On January 23 2009 07:17 Liquid`Drone wrote: yea in scandinavia we do make that much im paid almost $30 per hour for working in a warehouse, overtime makes that like either 40-45$ or $55-60 depending on when.. this is starting salary in a job with no training or previous knowledge required. maybe its a couple dollars less now cause the dollar is stronger compared to the norwegian crown than it used to be
Scandinavian wages are high so yes, I do make 23$ doing dishes. You don't see many 18 years old having my job though, seeing as most people want people below 18 for the lower costs. 23$ is not very high tbh. I have many friends racking in up 40$/h under ideal conditions. Okay, perhaps too ideal: we're talking a night shift saturday night at a club on a national holiday. The kid made 350$ that night + tips so he was happy I have a friend with a saturday/sunday job at the hospital, where he earns 33-35$/h, 8 hour shifts. The hours are horrible, hence the high pay. No sane 18-year old would work for less than 20$/h in Denmark, we're to spoiled that way.
And, yes, the dollar is low, making the wages seem higher than they really are. For comparisson we pay 10$ for a large BigMac meal
On January 23 2009 04:43 LuckyFool wrote: Minimum wage is under 7 dollars an hour I believe, at least for most parts of the US.
That is just grotesque. Minimum wage in Denmark is arond 10$ for people under 18 and around double that for people above 18. I make 23$/h doing dishes at a restaurant. Working for such low wages is just absurd and I honestly don't see how you can make a living of such a low income.
On January 23 2009 07:17 Liquid`Drone wrote: yea in scandinavia we do make that much im paid almost $30 per hour for working in a warehouse, overtime makes that like either 40-45$ or $55-60 depending on when.. this is starting salary in a job with no training or previous knowledge required. maybe its a couple dollars less now cause the dollar is stronger compared to the norwegian crown than it used to be
hmm, doesnt make sense to me $30 per hour. Either you have gotten a raise with experience, or just lucky :p. My part-time work is as a bartender and i earn $20 per hour. And this is the rate set by the goverment as minimal-wage. For people above 20, with unskilled labour. I might be wrong.
On topic; I would NEVER work at MC-D, that fryoil smells so nasty, and it does stick to anything. And the heat.. No thanks.
btw, when comparing Scandinavian salarys with those in the US remember that EVERYTHING is cheaper "over there" and the taxes here are really something! :p
I've never heard of an "annual minimum wage" but $21k in UK sounds far too high
A store manager can't guarantee so much OT either, ridiculous concept in the first place
Well I guess they just took the hourly minimum wage and multiplied it by the number of average hours worked during a year :o
There is no such thing as Annual minimum wage in the UK, just hourly, and that is without income tax and NI (although they are very low if you have minimum wage, as you get taxed only when you earn over a certain amount, currently about $8k).
The concept works pretty nicely, and poverty of working population virtually doesn't exist (real poverty experienced in developing countries. People bitch about being poor here when they can only go to pub once a week and have only one TV ;o).
The result is high minimum wage, lower average wage than US and more expensive basic services.
On January 23 2009 04:43 LuckyFool wrote: Minimum wage is under 7 dollars an hour I believe, at least for most parts of the US.
That is just grotesque. Minimum wage in Denmark is arond 10$ for people under 18 and around double that for people above 18. I make 23$/h doing dishes at a restaurant. Working for such low wages is just absurd and I honestly don't see how you can make a living of such a low income.
We're not taxed 40% on income.
Heh, I guess you're right. Personally, I don't pay taxes: noone does beneath 42.9k kr, which is roughly 7.6k US $. There are certain fees which add up to a certain percentage taxation for this bracket (don't remember the actual number but it's low), but the bottomline is that for the lowest percentage the tax burden is minimal. Above an annual income of 50k $ a year the taxes are high tho, at least 40% as you point it. But a McDonalds employee would never have to pay 40% in taxes. The point I'm trying to make is that noone can make a living of 7.5$/h despite paying no taxes whatsoever, assuming an average 37h work-week.
On January 23 2009 01:21 randomKo_Orean wrote: 40% of people who said this would be easy:
You are all fucking spoiled and have no clue how shitty working 55-60 hours is.
mcdonalds job ezpzlmnsqz. how can anyone argue flipping burgers is hard? most people probably work that same amount in jobs that actually require intellect.
Working 55-60 hours in a mindless job is easy; however the people this would be easy for WOULDNT be in a shithole like this(at least full time) because they have the motivation to continue their studies and get ahead in life.
On January 23 2009 01:21 randomKo_Orean wrote: 40% of people who said this would be easy:
You are all fucking spoiled and have no clue how shitty working 55-60 hours is.
mcdonalds job ezpzlmnsqz. how can anyone argue flipping burgers is hard? most people probably work that same amount in jobs that actually require intellect.
Working 55-60 hours in a mindless job is easy; however the people this would be easy for WOULDNT be in a shithole like this(at least full time) because they have the motivation to continue their studies and get ahead in life.
No....working 55-60 hours in a job that requires you to be standing full time, not to mention the strain on your back from mopping, washing dishes, etc. These kind of jobs are harder on someone than say, working behind a desk.
Having worked in unskilled labour for four years, I don't think I could do this. I was working 20hr weeks and I felt like stabbing myself in the eye. You meet cool people which is good, but the work drives you insane. Especially 55hrs/week for a year.
Does the bet have allowances for (genuine) sick days?
On January 23 2009 07:17 Liquid`Drone wrote: yea in scandinavia we do make that much im paid almost $30 per hour for working in a warehouse, overtime makes that like either 40-45$ or $55-60 depending on when.. this is starting salary in a job with no training or previous knowledge required. maybe its a couple dollars less now cause the dollar is stronger compared to the norwegian crown than it used to be
Scandinavian wages are high so yes, I do make 23$ doing dishes. You don't see many 18 years old having my job though, seeing as most people want people below 18 for the lower costs. 23$ is not very high tbh. I have many friends racking in up 40$/h under ideal conditions. Okay, perhaps too ideal: we're talking a night shift saturday night at a club on a national holiday. The kid made 350$ that night + tips so he was happy I have a friend with a saturday/sunday job at the hospital, where he earns 33-35$/h, 8 hour shifts. The hours are horrible, hence the high pay. No sane 18-year old would work for less than 20$/h in Denmark, we're to spoiled that way.
And, yes, the dollar is low, making the wages seem higher than they really are. For comparisson we pay 10$ for a large BigMac meal
Fuck lol. I wana move to there. Minimum wage here will pay for less than a big mac meal.
This is one year of your life wasted. Sure you make 200 grand, but you could be investing that time elsewhere and make yourself worth more to society with more skills and knowledge which will earn you much more future income.
On January 23 2009 09:44 redtooth wrote: In comparison, some corporate lawyers straight out of law school work ~90 hours a week and make only a little bit more.
But they will continue to make money, and their paycheck will continue to increase to well above that amount in a few years. This, however, is just a one-time payment. It's a one-time grant, basically. At least when you are in law school or working that first year, you KNOW your pay will increase and increase significantly, and you are now endowed with the skills that are in high demand if you ever decide to switch firms.
This bet doesn't give this guy jack in terms of skills. Unless he's a talentless fool, I'd say he could spend 60 hours a week doing something far more productive that will increase his overall value much more in terms of how much he'll make.
Wow, those wage rates in Scandinavia are ridiculous. Your unemployment must be ridiculous because such jobs should be rare.
That's the downside of minimum wages laws. It really really hurts the poor and relatively unproductive. $4/hr jobs don't change into $7.50/hr jobs because minimum wage laws are passed. Instead $4/hr job turns into no job. It gets eliminated and the employee gets fired.
On January 23 2009 11:07 Klogon wrote: This bet doesn't give this guy jack in terms of skills. Unless he's a talentless fool, I'd say he could spend 60 hours a week doing something far more productive that will increase his overall value much more in terms of how much he'll make.
I don't know about that. There's about 4 million people collecting unemployment insurance at this point. And most people aren't thinking about increasing their productivity by investing in themselves. They're just thinking about the pay check. They call their jobs the daily grind because they're just trying to get through it with as little effort as possible.
But if anyone was serious about self improvement, they'd be willing to waste 3000+ hours of their life over the course of a year for $200k pre-tax equivalent because then they could buy an more effective education. Since they're probably earning about 3 times what he would earn in a year after tax, it'd be worth it.
On January 23 2009 01:21 randomKo_Orean wrote: 40% of people who said this would be easy:
You are all fucking spoiled and have no clue how shitty working 55-60 hours is.
mcdonalds job ezpzlmnsqz. how can anyone argue flipping burgers is hard? most people probably work that same amount in jobs that actually require intellect.
Working 55-60 hours in a mindless job is easy; however the people this would be easy for WOULDNT be in a shithole like this(at least full time) because they have the motivation to continue their studies and get ahead in life.
No....working 55-60 hours in a job that requires you to be standing full time, not to mention the strain on your back from mopping, washing dishes, etc. These kind of jobs are harder on someone than say, working behind a desk.
as opposed to working 70+ hours outside in the sun as a engineer finishing a project deadline?
I would do it for a chance to spend the money on a real education. All of us are living under very different circumstances... Some of us might argue during these tough economic times why NOT do it.
On January 23 2009 00:37 Hans-Titan wrote: Jesus christ, 7.50? Raise the minimum wage US of A. How the hell can people live of that?
On topic, no way in hell would I spend a year working at McD's. Gotta be the shittiest job imaginable.
since when are people supposed to live off minimum wage?
the highest demographic that receives minimum wage is teenagers
teenagers.
TEENAGERS.
Since when are people who didn't finish finish high school supposed to be able to get jobs that pay more than minimum wage? Sure, some may get lucky enough to find something, but what about the rest of them?
This is kind of crazy, I agree it would be like prison...McPrison - with fluro lights.
Funnily enough, I am on minimum wage atm (college/uni student, 21 years old, working 2 days a week) because my bosses are American and don't like the average Australian wage (they are also massive assholes).
This has meant that about 20 people have left in the past year...it's kind of crazy. I'm looking for a new job as well - but the economic climate isn't really helping things along.
On January 23 2009 12:12 TanGeng wrote: Wow, those wage rates in Scandinavia are ridiculous. Your unemployment must be ridiculous because such jobs should be rare.
That's the downside of minimum wages laws. It really really hurts the poor and relatively unproductive. $4/hr jobs don't change into $7.50/hr jobs because minimum wage laws are passed. Instead $4/hr job turns into no job. It gets eliminated and the employee gets fired.
actually norways unemployment rate is around 2%. expected to rise a little but not above 4%. seems like its below 2% in denmark and slightly higher in sweden, but still lower than usas 7.2%.
On January 23 2009 00:37 Hans-Titan wrote: Jesus christ, 7.50? Raise the minimum wage US of A. How the hell can people live of that?
On topic, no way in hell would I spend a year working at McD's. Gotta be the shittiest job imaginable.
since when are people supposed to live off minimum wage?
the highest demographic that receives minimum wage is teenagers
teenagers.
TEENAGERS.
Since when are people who didn't finish finish high school supposed to be able to get jobs that pay more than minimum wage? Sure, some may get lucky enough to find something, but what about the rest of them?
On January 23 2009 12:12 TanGeng wrote: Wow, those wage rates in Scandinavia are ridiculous. Your unemployment must be ridiculous because such jobs should be rare.
That's the downside of minimum wages laws. It really really hurts the poor and relatively unproductive. $4/hr jobs don't change into $7.50/hr jobs because minimum wage laws are passed. Instead $4/hr job turns into no job. It gets eliminated and the employee gets fired.
Unemployment in Denmark hit 0.9% before the financial crisis hit. Also bear in mind we have VERY powerful workers unions: piss them off, expect to get in trouble when the election comes. Also Denmark's economy has been unbelievably strong, with steady growth, low unemployment, a positive balance of budget as well as balanced budgets. The taxes ARE high, agreed, but we have universal health care, excellent working benefits, high unemployment support, a free education system and a very open government.
Haha I remember in my Chemistry we had to figure out how long you had to work at McDonalds to make a million dollars and it was something like 80 years
On January 23 2009 12:12 TanGeng wrote: Wow, those wage rates in Scandinavia are ridiculous. Your unemployment must be ridiculous because such jobs should be rare.
That's the downside of minimum wages laws. It really really hurts the poor and relatively unproductive. $4/hr jobs don't change into $7.50/hr jobs because minimum wage laws are passed. Instead $4/hr job turns into no job. It gets eliminated and the employee gets fired.
I like how the classic conservative viewpoint on minimum wage got promptly raped by the actual unemployment numbers shown in this thread.
On January 27 2009 09:12 bburn wrote: Looks like this ended rather anticlimactically because it was basically not possible to get the required number of hours.
seems the hours issue was the main cause for failure after all
Conclusion-
As much as I hate to do this, I think I am going to have to put a halt on this bet. This halt for the time is in hopes that some new terms canned be reached and I can give it another shot soon, but unfortunately some things have to change in order for me to be able to do this. The number 1 problem is hours, its just going to be impossible to get the hours I need under the current conditions. Thoughts of getting a second job were a possibility for a while, but it is against policy and ultimately I don't think there is any way around it.
I knew if I didn't think I could do it, I should quit in the first week. Working 7+ hours a day for a year is no cakewalk, I don't know how anyone could say it is. For the time commitment I am going to be giving I just don't know that this is my best investment. I am going to return to poker on a stake and see how the next month goes. I will be sure to keep bbv updated throughout the year on my journey. I hate to let so many people down, but ultimately I think that it is the best choice for me at the time.
Snake has been kind enough to only make me pay half of my original wager (600$) and will make sure to help me with hands. He has also agreed to let this bet be payed off at my leisure, with no due date until I get back on my feet. This has certainly been an emotional ride, but for the time being I feel as if this is the best choice. Thanks to everyone for their support.
The good news is that snake has also agreed to leave the prop bet proposition door open. If Idream up a crazy enough scheme, we can make it happen.
Thanks again to everyone, you haven't seen the last of me.
I worked for 5 days at mcdonalds 25 hours total, its been a wild ride.
But you have my word,
Al will return
LOL ALReturnsLOL is offline Reply With
Apparently the guy got staked some cash and is back to grinding 50NL, he was originally broke that's where this whoe prop bet came from in the first place.
fail. he couldnt get the hours or he couldnt put up with it?
he couldnt get the hours = beyond his control = not really his fault
he couldnt put up with it = he fails. why take such a bet? and if those other posts on that site were true (has a kid coming, has no money), he should have sucked it up if not for himself, for the kid. playing poker? he better be good cuz it seems he's starting with a small bankroll and might go broke again.
On January 27 2009 09:34 29 fps wrote: fail. he couldnt get the hours or he couldnt put up with it?
he couldnt get the hours = beyond his control = not really his fault
he couldnt put up with it = he fails. why take such a bet? and if those other posts on that site were true (has a kid coming, has no money), he should have sucked it up if not for himself, for the kid. playing poker? he better be good cuz it seems he's starting with a small bankroll and might go broke again.
It was a combination of both actually, he said he never worked a low paying job like this for 40 hours a week before. Which was a lot tougher than he expected and probably couldn't hack it anyways. But the main concern was that they couldn't give him the 55 hours a week required, or allow him to work 2 McD's for 30 hours or whatever.
On January 27 2009 09:34 29 fps wrote: fail. he couldnt get the hours or he couldnt put up with it?
he couldnt get the hours = beyond his control = not really his fault
he couldnt put up with it = he fails. why take such a bet? and if those other posts on that site were true (has a kid coming, has no money), he should have sucked it up if not for himself, for the kid. playing poker? he better be good cuz it seems he's starting with a small bankroll and might go broke again.
It was a combination of both actually, he said he never worked a low paying job like this for 40 hours a week before. Which was a lot tougher than he expected and probably couldn't hack it anyways. But the main concern was that they couldn't give him the 55 hours a week required, or allow him to work 2 McD's for 30 hours or whatever.
No way, he was going to quit because it was too hard. The "can't get the hours" is a convenient excuse. If he wanted to get the hours he could have, I'm sure the guy offering the prop bet would have let him work the extra hours at a burger king or whatever in addition if he really went out and wanted it.
He had an earlier blog post a week ago or so saying that he was basically considering giving up because it was too hard, and wanted to go back to poker. If he wanted to get the hours from another place he could have.
Don't know if anyone posted it but damn if I wouldn't show up the first day, and say to the manager, "Ok, I've got this bet, if you can rig it in such a way so as to show I did this, I'll give you $25K at the end of the year under the table..."
On January 27 2009 12:38 Radivel-X17 wrote: Don't know if anyone posted it but damn if I wouldn't show up the first day, and say to the manager, "Ok, I've got this bet, if you can rig it in such a way so as to show I did this, I'll give you $25K at the end of the year under the table..."
Really poorly played by the test subject.
that would be really good, but the manager might think he's bullshitting, unless theres some officially signed bet that guarantees the money. i wouldnt believe such a bet unless there was word from at least 5 people. something like a signed paper of some sort would be better proof that this bet is actually going on.
On January 22 2009 22:56 Matoo- wrote: No way I would ruin one entire year of my life for $100k.
Agreed.
What's the average life expectancy? 70? Assuming he's already in his 20s I wouldn't waste 1/50th of the rest of my life working that much for a year for 100k.
This is a silly argument. 99% of people will waste way more than 810 hours ([14 hours additional work per week * 50 weeks] + [55 hours a week * 2 weeks that you normally have leave] = 810) of their life paying off study debts/buying a place to live. I don't know how things are in the US, but my sister got a good job at a big SA engineering firm last year, and she will work for 8 years to pay off the car + apartment she bought. If she could do this for a year before moving out she would be able to buy both those things in cash, and then spend the next seven years of her life saving up a shitload of cash that she would have payed on the house. For those with study loans, this is probably even worse.
I would do this in the blink of an eye simply because working hard for one year will save me a lot of work and money in the long run. I am fairly sure that I will come close to dying of boredom during that year, but many people have much worse jobs and they survive, if I put my mind to it I'm sure I could survive. It's funny how we all seem to believe that we deserve jobs that will entertain us.
Honestly though, if you think about it, how many of you will have jobs where they can claim an $80,000 tax free profit at the end of the year. That is a larger profit than the average psychologist with a Ph.D makes per year in total(according to wikipedia), and yet some of you claim that you wouldn't work weekends for one year to make that. You must have the world's most comfortable jobs.
I don't think life quality can be measured as an average. Working like a madman for one year and then slacking off the next is far less enjoyable overall than working normally for two years for the same total revenue.
The next thing I disagree with is that you say people will waste more time earning the same amount of money with regular jobs. But all jobs do not waste your time the same way. The current job I do now is wasting my time only around 20%. Some braindead jobs I had before were sitting at about 60%. McDonalds would waste about 90% since I'd have to interact with people for trivial matters and would probably not be able to learn a foreign language through audio methods for example. This is obviously very personal. Some people won't care about learning a foreign language and will genuinely consider chatting with other McDonald's employees not a waste.
I'm not sure why you speak about deserving an interesting job. I don't think I deserve an interesting job, I merely know I can have one and of course it goes into the equation like the rest. If I was struggling to feed a family like the guy in the story it would weigh next to zero, but I'm lucky enough not to be in that situation so it's a pretty big factor.
But anyway it's very simple imo. You just have to ask yourself these questions: - How much is earning $102k (compared to your current job income) going to increase your happiness now and in the future? - How much is spending all your time doing hamburgers (compared to current schedule and activities) going to decrease your happiness now and in the future?
Of course, the answers to this depend completely on your actual salary, how much you enjoy your actual job, your family situation, the cost of life in the country you live in etc. That's why all the answers in this thread are different.
Personally, I'd not do it because the difference with my actual salary would not improve my future life enough compared to what I'd lose overall, both in terms of immediate loss (I don't like making hamburgers) and future loss (I won't sell much higher on the employment market after that, I won't have improved at my personal interests because I didn't have free time for them).
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