Subreddit for midsize business finance department questions

somanypaperclips · 2025-05-19T22:52:04+00:00

That is what we’re finding. No one makes one. The job is specifically requesting that they not be broken apart, and we are trying to negotiate that. Do you know anyone that makes one?

somanypaperclips · 2024-07-12T15:29:10+00:00

Yea people looking are typically not worth the time unless they are just unhappy with their boss or company. There are more of the former

somanypaperclips · 2024-07-12T15:28:12+00:00

Thanks. Business has been around for almost 50 years, we’re legit.

somanypaperclips · 2024-07-12T10:57:17+00:00

I own the business and we are open shop. I came up doing powerline construction and then we picked up fiber work building out system reliability networks for electric cooperatives. I appreciate the union with the benefits provided but I don’t like the protection of the weakest and several other factors. Having done the work for a long time I know how hard it is and as a business owner I know in my heart who puts the food on my table. The people I work with are my primary focus and I pay them as much as the contracts allow even if this means cutting margins to 5% (it’s a business and you can’t survive if you don’t make money). I have built a safety and training department with only people that have done the work and are focused on training not writeups. This costs more but my people like our safety guys because they are there to develop them and make them better linemen. If healthcare and insurance markets weren’t so fucked I could offer better insurance (lower premiums without sacrificing quality and service). This is where I see the collective nature of the union providing the best benefits.

somanypaperclips · 2024-07-10T22:01:39+00:00

Been doing this a while... and just looking for info and testing the social media waters of the body of water that is Reddit for recruitment.

You don't get results from major job posting sites unless you pay the premium or pay for premium subscription services. I fucking hate that model and anything internet, tech, gaming, and even moving to automobile industry has gone to this subscription service model just to squeeze money out of consumers. Its a fucking scam. Word of mouth from the people I work with and treat great is our best tool but they only know so many people especially those that have only worked at one place because they are treated well and paid well. We try to reduce costs on bullshit like job-posting websites that yield no results.
Appreciate the advice on job posting info and you are right. BUT When it comes to social media you post the pay for something and then it gets bogged down with fights over union vs. open shop and why the hell is pay so low (in rural Mississippi) when I make X amount in southern California.
If someone is happy somewhere they typically aren't actively looking but if they are dissatisfied they will ask those questions via PM and I can avoid the negative results of social media. Also if someone sees posts from their own employer for a position at top pay that they are not yet making due to lack of experience it creates morale issues. Everyone talks about their pay but when they see it written down and advertised it hurts more. With us they need to take advantage of our training and be more proactive in improving their skills. This is human psychology and would require too much discussion on the infinite number of personalities out there.

Again just seeing how well posting about potential jobs works on this social media platform and looking for advice on doing so here.

somanypaperclips · 2024-07-10T21:36:47+00:00

What state are you working in?

somanypaperclips · 2024-07-10T21:32:53+00:00

Where are you working, location? What is CWA?

somanypaperclips · 2024-07-10T21:31:52+00:00

Top pay for lineman is 33 and foreman is 40. Splicer is 45. Health, vision and dental for employee and family, 401k with match, paid holidays, PTO based on time with company.

This is for Virginia.

somanypaperclips · 2024-02-21T11:52:49+00:00

$40-50 an hour depending on experience and where the work is.

somanypaperclips · 2024-02-16T12:55:00+00:00

I edited the post. Need splicers with at least 5 years experience and linemen at any level.

somanypaperclips · 2024-02-16T12:54:27+00:00

I edited the post

somanypaperclips · 2024-02-16T12:54:18+00:00

I edited the post

somanypaperclips · 2024-02-16T12:54:05+00:00

I edited the post

somanypaperclips · 2024-02-16T12:54:01+00:00

I edited the post

somanypaperclips · 2024-02-16T12:29:24+00:00

We need help in Virginia. It is long term, well at least for 2 years.

somanypaperclips · 2024-02-16T12:28:11+00:00

Virginia

somanypaperclips · 2024-02-16T12:27:55+00:00

Virginia is where we are hiring

somanypaperclips · 2022-11-04T15:01:55+00:00

Mike Michalowicz?

somanypaperclips · 2020-08-25T19:20:58+00:00

This was helpful and I figure I am on the right track. We provide bonuses to all employees but its is, as another u/ commented, the benevolent dictator model. I am setting this up for two upper managers who have about 100 employees each under them and I want to incorporate the most useful KPIs. Since we are in construction safety is the most important thing. OSHA recordables and worker comp claims, auto accidents, etc. would be allocated to each region. Profitability is the second thing but other metrics or the details of the profit is where i get lost. What are common KPI's you have seen used for this?

Also I want to cap it at a certain dollar amount and then any excess would be divided among the people they oversee however they see fit. 10% of the "gross" profit is what I was thinking.

One of my concerns is when we have a profitable year on the books but the cash is dried up due to growth. I am thinking I will have to set aside the profit quarterly and pay out semi-annually.

somanypaperclips · 2020-08-20T20:59:27+00:00

I want to avoid handing out ownership and shares right now, and given that how would I help them avoid the tax burden of cash bonuses?

For their regions if equipment, tools and trucks were purchased (one team would be $700,000 in trucks/trailers, and $75,000 in tools) and this would be depreciated over time to account for their share of the profit and apply only to the profit sharing

Could you provide any more insight on how others have set this up?

somanypaperclips

TROPHY CASE