Lay your case out like you are doing here, it may help to write it down so you can go over it with him and leave it with him.Many of you on this forum are owners of companies and I was wondering what is the best way to ask for a raise? When is the best time to ask and any other information you can provide.
I have worked for this general contractor of remodeling for nearly six years and I feel that I am worth more than I get paid. At the beginning of this year the whole company took a ten percent pay cut because of some bad financial decisions and low volume. This cut took me back to less than what I was making three years ago. It has really left me strapped to pay my bills.
I have never asked the boss for a raise or any other favor other than to borrow a tool here and there. I am a decent carpenter and often find myself telling more seasoned carpenters how to do things or what is actually going to be done.
There is one particular carpenter on the crew that makes 5.50$ more than me that I taught how to calculate stairs, rafter lengths, and various other tasks that he should already know. I also know a lot more about the building code than this particular carpenter. I am a versatile re modeler who knows how to tile, durock, light plumbing and electrical, drywall and many other things. Now it may sound like I am complaining but I am barely making it raising my family and not many other people are hiring right now. I just want some advice on how to approach the boss.
Well then he must carry his own insurances then right?? Thats maybe why he makes the 5.50 more,.. which isn't alot if he has to carry liability and comp.I have no reason to believe the coworker is being dishonest. The reason he makes more probably has to be that he has subcontractor status and does not get the benefits of overtime, vacation, health care etc. He only works for our company, though.
Oh Yeah, overtime is not allowed as of the beginning of this year because of said problems. That's where it hurts the most.
I think you'll get an eye opener from your boss and learn a few things.I have no reason to believe the coworker is being dishonest. The reason he makes more probably has to be that he has subcontractor status and does not get the benefits of overtime, vacation, health care etc. He only works for our company, though.
Oh Yeah, overtime is not allowed as of the beginning of this year because of said problems. That's where it hurts the most.
Oh crap I didnt even see that...dude...you cant even compare the two...and if some one has to explain why then you aren't even thinking. A sub making 5.50 more than you is makeing LESS money than you. He isnt covered by comp. He pays 30% self employment tax. He has not employer contributions to his payroll. And NO UNEMPLOYMENT BENIFITS Sheesh.The reason he makes more probably has to be that he has subcontractor status
Perhaps thats what I need. With the raise I will be able to afford a second vehicle for my family, a truck. Which has great value to a remodeling company. It opens all sorts of possibilities for me to elp the company more. As of now the kia ain't pulling any extra weight. Plus I have to share it with the wife. Now I am complaining. I digress, sad. Thanks for the advice.I think you'll get an eye opener from your boss and learn a few things.
Personally I have no problems when an employee asks for a raise. But you better be ready to show me how you're going to earn it. If your only though it I already earn it. :laughing: Good luck.
Somebody wants a raise I think that's a good thing it shows they have ambition. Now the next step is we are going to sit down and plot out what you are offering for the raise. What am I going to get? Where are you going to grow, where are you going to offer the company more? We will figure this out and set some goals and see if you can work to them.
But if you're going to your boss because XYZ earns more... :laughing: you might find out something about yourself that your boss hasn't told you and has been waiting for you to fix.
Yeah, but if you're being 1099'd you pay both employee and employer parts of the fica tax...that was my point.I am not sure how they worked that all out and I think he is worth evey penny he gets. I think I am worth more than I get. I have to pay taxes as well.
Oh crap I didnt even see that...dude...you cant even compare the two...and if some one has to explain why then you aren't even thinking. A sub making 5.50 more than you is makeing LESS money than you. He isnt covered by comp. He pays 30% self employment tax. He has not employer contributions to his payroll. And NO UNEMPLOYMENT BENIFITS Sheesh.
Yeah, but if you're being 1099'd you pay both employee and employer parts of the fica tax...that was my point.
I'd guess the other guy probably supplies some tools that you are not required to as well.
And I'm not saying there's anything wrong with asking about a raise, but a big part of your op was about how much more the other guy was making, and you need to understand what goes along with being a sub, as opposed to an employee, before you start thinking he's making a bunch more than you...you may end up making more than he does after all is said and done.
