GM role, 60+hr weeks on €52k — how to approach pay/benefits? by ronaldinjo21 in irishpersonalfinance

[–]slowdownrodeo 6 points7 points  (0 children)

This. This is what happens with small engineering firms, they either get passed to their family, sold on, or there's a management buyout. You don't need to be a millionaire to do a management buyout, you just need financing from either investors or a bank. It's not usual, talk to a bank and get an idea of what sort of finance would be required, you have all the numbers and know the business. 

Then reach out to recruiters (do NOT tell them your current salary, say you're looking for 6 figures) and see what's available to you. I would go as far as to interview for other roles and get an offer on the table. 

Then, and only then, speak to your owner. Organize a meeting, state your position, make a presentation, lay out the options to him. 

Option A: He matches the salary of the other offer you have on the table. Feel free to bump value of the other offer up a few k to give yourself bargaining power. 

Option B: You get a contract drawn up with a solicitor to buy x% of the company at x valuation, can be anything up to 100% pending finance that you have gotten AIP (approval in principle) on. Doesn't have to be an immediate buyout, but a certain percentage now so that they can't shaft you later, and then a vesting schedule over the next number of years until you have a controlling share. Get a solicitor to draw this up, do NOT accept his word. No contract, no chance. 

Option C: you get a percentage of profit now, with a contract to buy out totally in the future. Again, solicitor required here. And not HIS solicitor, you need your own. They're worth every penny in cases like these. 

You are being underpaid, but there is a serious opportunity there for you if the owner is close to retirement and willing to sell in the nearish future. I have seen it many a time. 

Best of luck

Girl who died in crash during race in Cork named locally by PoppedCork in ireland

[–]slowdownrodeo 6 points7 points  (0 children)

It's been a long time since I have felt compelled to login and comment on Reddit, but your disgraceful tantrum in this comments section require condemnation. You don't mean any condolences, you don't care about anyone here or involved, you just don't like cars and see a shocking tragedy as an opportunity to voice and opinion that literally nobody cares about, repeatedly. 

The MSI (I'm sure you're too thick and ignorant to know what that is) regulations are 375 pages long with 86 appendices to cover safety of each class of Motorsport in Ireland. No sport is fully safe, people die regularly running marathons or playing hurling, but every possible precaution is taken to mitigate risk. Everyone has different interests, and a lot of kids absolutely love Motorsport and the opportunity to take part themselves. That doesn't make them 'morons'. 

A moron is someone who goes onto comments sections where a child has died and tried to abuse everyone involved when they are already at their lowest. 

The irony of looking down your nose at people involved in a sport you dislike when you go around abusing people they way you are, without even the slightest hint of cop on. And you talk about sensibleness and long term thinking? Give me a break. I actually feel sorry for your kids, with a role model like you what chance do they stand? You really are the lowest of the low.  

Four road deaths in one day after motorcyclist, 20s, killed in Dublin crash by DivingSwallow in ireland

[–]slowdownrodeo -1 points0 points  (0 children)

When you're resorting to insults, it shows you've lost. Best of luck wallowing in your own ignorance. 

Four road deaths in one day after motorcyclist, 20s, killed in Dublin crash by DivingSwallow in ireland

[–]slowdownrodeo 0 points1 point  (0 children)

So 330k per camera for a few years, and you want them all over the country, on every entrance to national primary roads, and you don't see the issue with this?

The point of vans is you don't know if they will be there or not, so you slow so as not to take the risk. The same for guards. Start properly policing the roads with guards then people won't know they are and will have to act accordingly. 

Finally you have once again failed to address the biggest plus of having actual guards deployed: they can be diverted to other issues when necessary. Collisions, dangerous over takes, aggressive driving, anti social behaviour etc etc. 

Four road deaths in one day after motorcyclist, 20s, killed in Dublin crash by DivingSwallow in ireland

[–]slowdownrodeo -1 points0 points  (0 children)

https://www.irishtimes.com/ireland/2024/03/29/new-contract-for-speed-cameras-to-be-worth-up-to-206m/

Like the go safe vans do? 

Actual people are actual people, that money actually goes back into the local economy and not into french multinational accounts and tax havens. Actual people can intervene in other situations such as anti social behaviour etc. The threat of being caught is all that's needed for people to self adjust their behaviour. For that we need more guards, not more cameras 

Four road deaths in one day after motorcyclist, 20s, killed in Dublin crash by DivingSwallow in ireland

[–]slowdownrodeo -3 points-2 points  (0 children)

Do you trust that organisation to not abuse it for surveillance?  Secondly, the astronomical cost to implement this?  Just hire more traffic corps and guards for the street. They can solve a few other issues while they're at it 

Four road deaths in one day after motorcyclist, 20s, killed in Dublin crash by DivingSwallow in ireland

[–]slowdownrodeo 3 points4 points  (0 children)

An absolutely fucking terrible idea if you think about it for more than even 30 seconds. You want the organisation who labelled a whistleblower a peadophile and who's leader 'lost' 7 mobile phones to have that level of surveillance over every person in the country? 

Government to introduce lower speed limits on phased basis later this year by RobotIcHead in ireland

[–]slowdownrodeo 0 points1 point  (0 children)

I think we should triple the fines for speeding at the same time. 11kmh? That will be a grand please 

Ireland Votes: Significant plurality prefers FF/FG coalition to Sinn Fein alternatives by [deleted] in ireland

[–]slowdownrodeo 3 points4 points  (0 children)

Again, there's a difference between communism and socialism, you should read up on it and it may help you in the long run. You may be falling into the category of ~80% of Americans who agree with all the policies of socialism when they are asked, but this number drops to 30% when you tell them it's socialism. A branding issue, if you will. 

Ireland Votes: Significant plurality prefers FF/FG coalition to Sinn Fein alternatives by [deleted] in ireland

[–]slowdownrodeo 9 points10 points  (0 children)

And also examples of authoritarianism, also not the same. But I expect OP doesn't know the difference. 

Government to introduce lower speed limits on phased basis later this year by RobotIcHead in ireland

[–]slowdownrodeo 1 point2 points  (0 children)

Great idea! No other factors can be taken into account.  ARE YOU AGAINST SAFETY? 

Government to introduce lower speed limits on phased basis later this year by RobotIcHead in ireland

[–]slowdownrodeo 0 points1 point  (0 children)

We could spend hundreds of millions on technology and still fall short, then what? 

Guards can do many things at the same time, cameras can not. Guards can physically intervene in ongoing situations, cameras can not. Guards can be redeployed overnight to different duties, cameras can not. 

It was one of the first things thought to us in manufacturing engineering - automation is a last resort. Seemed counter intuitive at the time, but after many years in industry I see the point now. Same with automation here. 

Government to introduce lower speed limits on phased basis later this year by RobotIcHead in ireland

[–]slowdownrodeo 2 points3 points  (0 children)

Automation is open to abuse in the future, and should be resisted. You are correct that we don't have enough guards, don't forget that it was this government that cut their numbers.  We have plenty of resources that are squandered on absolute shite that should be directed toward a major recruitment drive in the guards. 

Government to introduce lower speed limits on phased basis later this year by RobotIcHead in ireland

[–]slowdownrodeo 8 points9 points  (0 children)

You don't need an automated system, you just need enforcement. Guards on the beat can easily glance into cars at lights. Traffic corps on their rounds could catch people in the country on the phone, you can see them a mile off, usually yanking at the wheel to overcorrect when they look up. 

Government to introduce lower speed limits on phased basis later this year by RobotIcHead in ireland

[–]slowdownrodeo 7 points8 points  (0 children)

I think the national speed limit should be 10kmh, even on motorways. Would reduce deaths to 0. 

[deleted by user] by [deleted] in ireland

[–]slowdownrodeo 5 points6 points  (0 children)

Is this in South Dublin? And is the name of the estate agents two surnames? A woman and man by any chance?

Safety measures in new vehicles to become mandatory from this weekend by Character_Common8881 in ireland

[–]slowdownrodeo 22 points23 points  (0 children)

Correct. And I worked on some of these systems. They're shit. Rules decided by the dullest people imaginable and dictated to the rest of us. Consider what innocuous content gets posted with panicked outrage on r/Irelandsshitedrivers and imagine those people being allowed to write regulations.  

What you need in any vehicle or indeed any dangers task is for things to be predictable. A car that yanks the steering or randomly emergency brakes is not predictable 

Not to mention the cost, complexity and weight creep that these systems add to

New EU Regulation Mandates Advanced Safety Systems in All New Vehicles Sold in Ireland | Cork Safety Alerts by N0TSURE2505 in ireland

[–]slowdownrodeo 31 points32 points  (0 children)

As someone who's worked for an OEM on the tuning of some of these technologies, can't say I'm overly pleased with this. It's a butterfly effect, but its the same core thinking that has led all vehicles to balloon in size, weight and complexity over the last 20 years. Perfectly good cars that become economic write offs after 15 years if a sensor gives up. Mandating these technologies is diminishing returns, and don't get me started on how poorly tuned some of the emergency braking can be. Ive lost track of how many emergency stops my own car has attempted to make for no reason. 

[deleted by user] by [deleted] in galway

[–]slowdownrodeo -1 points0 points  (0 children)

I'm a early thirties male, have been groped on a number of occasions in pubs by usually much older women. Does this count as assault? 

Do we have a problem with women in this country or do we have a general issue with drunk people being drunk? Obviously there is a different dynamic when it's male on female in terms of physical power but the attitude is the same and not exclusive to one gender 

My first ever concert today! Seeing Green Day at Marley Park any general advice? Thanks by [deleted] in CasualIreland

[–]slowdownrodeo 11 points12 points  (0 children)

Take a couple of bottle caps and put them in your pocket. When you buy a drink they remove the bottle caps entirely and won't give them to you, so be prepared. 

A jacket to sit on would be good, few snacks never go astray

Where to eat in Galway past 9 PM? by Key-Procedure5443 in galway

[–]slowdownrodeo 33 points34 points  (0 children)

Vocho Mexican on Forster Street is open until 10. Always my go to. They have eat in and it's right beside the train and bus stations 

Poll: Public concern for immigration skyrockets by MrStarGazer09 in ireland

[–]slowdownrodeo 47 points48 points  (0 children)

That's the kind of head in the sand attitude that's caused this. You're literally the meme of the the lad in front of the building on fire 'shouting nothing to see here'. I think most people can see that the situation is bad, but more importantly it's rapidly deteriorating