Job Market

http://www.erepublik.com/en/article/-en-improved-wages-1915105/1/20

i need to speak to you about this.

wel, say it ^^
I am listening

Lol xironn you also made some updates? ^^

yes i did, but my calculations are a bit worrying...

I do believe Jofroi is calculating salary at a flat level compared to the entire production process.

The part that worries me personally is that if you set salaries this high for weapon manufacturing, you will hardly make a profit with 2 workers in a Q5 raws and 1 worker in a Q5 weapons (paying a salary of 375 BEF for a result of 396 BEF in tanks when the price is put to a minimum of 33 BEF+taxes). This means that it would take about a year to recuperate the investment of the companies with the worker and own production.

For food manufacturing this level of wages isn't as problematic.

40 employees @ 125BEF = 5000BEF

Total production of FRM = 6867/day = 2667 to be sold on market @ 0.33BEF = 880.11BEF

Total production of Q5 food = 840/day = 750 to be sold on market @ 3.30BEF = 2475BEF

Total production of WRM = 4044/day = 3156 short, buy at market @ 0.33BEF = 1041.48BEF / day

Total production of Q5 weapons = 144/day = 130 to be sold on market @ 35BEF = 4550BEF / day

This is all without any taxation and when there is 100% productivity and the market is stable. Also did I take a small amount off for self sustainability. This is calculated on just doing a minimum amount of hits/day.

Xironn that's +/- 2.000 BEF profit per day or +/- 2 Gold per day for 3 Q5 production companies.

Not taking into account the investment for the raws companies this means : approximatly 300 days to recuperate the investment if you consider the companies acquired during a 50% offer. You can easily add the 65 days for the cost of the raws companies.

What I meant is:
If you have 2 Q5 weapons + 4 Q5 WRM for a total production of 144 weapons/day without buying anything from the market and selling 130 at 35 BEF : 4.550 BEF / day - wages : 3.750 BEF / day = 800 BEF profit per day for a total investment of approximatly 530 Gold (taking into consideration that maximum advantage was taken of upgrade offers - 50%).

For ease of calculations we can take a realistic estimate of 80% on productivity (lowering wages and value of gross product) 101 Q5 weapons sold per day for 3.535 BEF in exchange for 3.000 BEF in wages lowers it to 535 BEF profit per day.

However if you hired no workers and only did your own WaM clicks : 10 Q5 weapons sold at 350 BEF per day. That would mean that each employee would only have an added value of 6.17 BEF per day of work in this type of weapon production setup.

Now if you want to make the same calculation for one Q5 food factory using 90 Q5 food per day. You will notice that your profit would be 11.84 BEF per day per worker.

That means your revenue of 45 workers in this setup = 357.60 BEF = 8 BEF per worker per day in average. Having less then optimal production in raws will put you at a better profit since the salary of the Q5 raws worker is disproportional to market price but you will need to be able to find the necessary raws on the market at a reasonable price.

I find a year quite long to pay back an investment in a game where a CP term is just 30 days...

eh then I advise you to find workers who accept a lower wage or find customers who pay more for your products ^^

Nohjis wrote:
I do believe Jofroi is calculating salary at a flat level compared to the entire production process.

The part that worries me personally is that if you set salaries this high for weapon manufacturing, you will hardly make a profit with 2 workers in a Q5 raws and 1 worker in a Q5 weapons (paying a salary of 375 BEF for a result of 396 BEF in tanks when the price is put to a minimum of 33 BEF+taxes). This means that it would take about a year to recuperate the investment of the companies with the worker and own production.

For food manufacturing this level of wages isn't as problematic.

this


what you are basically saying here is: all those of you who don't own a Q4 or a Q5 production factory can f*** off, you can't play along anymore in the "hire-workers" business.

actually the erep admins said that

NLSP wrote:eh then I advise you to find workers who accept a lower wage or find customers who pay more for your products ^^

Some people do leave for 1BEF extra/day

NLSP wrote:actually the erep admins said that

not at all


there are many countries where RM owners make a very nice profit because everyone in the country agrees to keep the wages low

example: http://economy.erepublik.com/en/market/job/59/0/0/desc


And it works great for those companies. Even Q1 food owners can hire employees now

xironn wrote:Some people do leave for 1BEF extra/day

yeah, I know it isn't easy
however if you have a good contact with your employees once upon a time you will find someone who doesn't do that. Also if you pay a part of their wage with tanks you can earn more and they can earn more

The problem is that we can't find workers for less then maximum wage at this time and the belgian market price is very stable. With the new number of workspaces available on the market after the last upgrade offer, it takes several days to fill the available spots even at this kind of wage. The only solution left is more WaM clicks effectively reducing the number of hits available for battles. Taking into account there are about 150 active players in eBelgium, when you have 60 working for Jofroi at 125 BEF, soon 15 for BAF (Xironn, tecuvo, shadowukcs), there aren't even enough workers left for all other available places in the market, this is effectively forcing other people (Xironn, Cotarius and myself) to pay the same wages or even higher (Goopypants) if they want to have a sufficient return on investment.

I tend to agree with Xironn, a year is a bit too long to pay back the investment, not to mention that the average margin on good wages was reduced by about 60% in just a matter of days.

^yup indeed



Which is why the government should sponsor Q4's and land grants

The goal to get 2 Q5 weaps and 4 rubber companies, like described by Nohjis if i'm right, is not to be able to make money at the end, but to become fully self-sufficient...

That's why it should be done in a progressive way, and not by buying gold for example, because refunding this investment will take a lot of times, as you have noticed it in this thread.

There's no such thing as full self sufficiency.


Full self sufficiency would imply that you produce enough to have Q5 tanks and food for every fight of the day, 2,5 gold/day for your boosters, and enough gold to buy so much gold packs that you can earn a few BH medals every day

shadowukcs wrote:There's no such thing as full self sufficiency.


Full self sufficiency would imply that you produce enough to have Q5 tanks and food for every fight of the day, 2,5 gold/day for your boosters, and enough gold to buy so much gold packs that you can earn a few BH medals every day

I'm producing enough Q5 foods and Q5 tanks for every fight of the day, and i earn enough gold for my daily training boosters thanks to almost daily BH medals that i can win, without buying any gold. It is full self-sufficiency.

Doesn't anyone find it worrying that Jofroi put these offers on the market a few days before the CP elections that where going to be neutral this time.

His PP converted us as he will remove himself from CP if he gets elected.

WTFFFFFFFF?????

I'll be elected as VP and there is nothing that you can do against it, deal with it.

>elected



???

que manuel?

Unless you think that vdsy can be VP?

why not?

Btw the running mate is NOT VP else Kylero should have taken over when Ward ran...
Secondly you don't choose the VP but the CP (or like was agreed this term the PPs).

Great way to show the unity everyone wanted so much...

Shadowukcs: Well, unless you begin to support him he shouldn't be elected, and I doubt that u'd like a 2 clicker as VP. We already had problems related to that.

aVegan: I don't get your point at all, what's the link between running mate and VP? In Game VP is just there in case the CP cannot access his computer or decide to not do so. Role Play VP is the running mate and is selected by the CP. Currently Ward is still active, but just don't connect on the forum so he's still IG president.

Chosing the RP VP only depends of MaryamQ and none of us has anything to say about it.

Jofroi wrote:aVegan: I don't get your point at all, what's the link between running mate and VP? In Game VP is just there in case the CP cannot access his computer or decide to not do so. Role Play VP is the running mate and is selected by the CP. Currently Ward is still active, but just don't connect on the forum so he's still IG president.

Chosing the RP VP only depends of MaryamQ and none of us has anything to say about it.

What do you mean? It's like you are talking about Ward but where is Kylero then? He is still IG president but he doesn't do anything with it... lol

It looks all very coincidence. Ward makes you the new CP, you put 60 jobs for a wage that nobody can pay and you run for CP. All in the same day. Right those 3 facts have nothing to do with each other. lol

ThomasRED wrote:
I'm producing enough Q5 foods and Q5 tanks for every fight of the day, and i earn enough gold for my daily training boosters thanks to almost daily BH medals that i can win, without buying any gold. It is full self-sufficiency.

But not everyone has 10k strength. It takes time.

It's not important how you pay your Q5 companies wether its through a lot of saving or advancing it with your real life income, eRep in game mechanics allow you to do both. The fact that it would take 1 full year of saving for this setup and the fact that there are not enough employees left on the eBelgian market after this round of promo upgrades is becomming a problem in terms of rentability for people that wish to conserve more hits for fighting.

Personally I opted for more Q4 Raws because the return on investment is better, even if it means I'll have less hits left to fight with, I consider it to be the only viable option under the current economic reality.

aVegan wrote:

Jofroi wrote:aVegan: I don't get your point at all, what's the link between running mate and VP? In Game VP is just there in case the CP cannot access his computer or decide to not do so. Role Play VP is the running mate and is selected by the CP. Currently Ward is still active, but just don't connect on the forum so he's still IG president.

Chosing the RP VP only depends of MaryamQ and none of us has anything to say about it.

What do you mean? It's like you are talking about Ward but where is Kylero then? He is still IG president but he doesn't do anything with it... lol

It looks all very coincidence. Ward makes you the new CP, you put 60 jobs for a wage that nobody can pay and you run for CP. All in the same day. Right those 3 facts have nothing to do with each other. lol

1: Ward is still able to connect etc. He decided to not step down but to select someone to do the management and who can ask him to do proposals if required. Moreover, last impeach attempt failed so he cannot be impeached. 2 months ago, when Monsieur Guillontine was impeached by his government due to apparent inactivity, the in game VP took the lead. Currently, the CP is still Ward, but I'm doing the RP part. In case that Ward loose his internet connection, we would have taken Kylero as CP;

2: For the presidential campaign, I didn't send any propaganda message and I do not plan to do so. I don't want to be president, and if I wanted the CP medal, you would know it. Being president is an heavy burden that I do not want to hold, and if I want the medal, don't worry, all eBelgians will know it because I'd have to resign the day I get elected.

3: The reason why I put 30 job offers (not 60), is because on this particular day, there has been the first 44% reduction on company ugrade I have been waiting for some months, this is a pure coincidence that I bought 2 Q5 company and 4 Q5 raw company on this day.

MaryamQ IS the ATO candidate, even if this is not the case In Game. The only reason why I'm running is because I love to be Vice President of eBelgium and I try to be elected as eBelgian VP for life :p. I will not want at any time soon to be CP.