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Staff Prices out of control

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160648.22 in reply to 160648.15
Date: 10/15/2010 12:13:06 PM
Overall Posts Rated:
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What are you basing your numbers on? If you change trainer with 35,5k salary for 18k salary trainer, it would take 16 weeks to pay off.

From: Kukoc

This Post:
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160648.23 in reply to 160648.13
Date: 10/15/2010 12:14:53 PM
Overall Posts Rated:
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Are you completely sure? My graphs show that it takes 27-28 weeks for 18k salary lvl5 trainer to reach 31k salary. That's way more than one season.

From: Kukoc

This Post:
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160648.25 in reply to 160648.24
Date: 10/15/2010 2:01:18 PM
Overall Posts Rated:
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I love US dates. That date to me is 7. sept. 2010. But you prolly mean 9. july 2010. If your trainer has 31k salary now, you bought him between 23-24k salary. If he is lvl5.

This Post:
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160648.26 in reply to 160648.22
Date: 10/15/2010 2:41:42 PM
Overall Posts Rated:
155155
What are you basing your numbers on? If you change trainer with 35,5k salary for 18k salary trainer, it would take 16 weeks to pay off.


I did a little math and created an excel app. There are a few assumptions thrown in with some algebra that I did. If you have a better method, I would be interested. If I remember correctly, some of my assumptions were:

-you are replacing the trainer with the same level and same specialist.
-you keep the trainer until his salary is equal to the guy you are replacing

(so if you want to keep him for a shorter or longer period, this method does not work)

Run of the Mill Canadian Manager
This Post:
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160648.27 in reply to 160648.26
Date: 10/15/2010 4:34:04 PM
Overall Posts Rated:
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-you keep the trainer until his salary is equal to the guy you are replacing
This was the key element I was looking in your calculation. My own calculation is based on paying off in 7 weeks (half a season) after the purchase. So switching to 20k salary trainer from 35,5k should not cost over 84300, 30k trainers signing bonus should be 9957 etc.
For example I changed my 53455 salary trainer for 37649 salary trainer and payed a small 23k signing bonus. That happened 7 weeks ago. I am making profit after 5 weeks, keeping the new trainer for a season profits me $192038 compared to my last trainer. I usually look for a new trainer after that time (he has reached 48703 salary by that time). Is it smart to try to get 18k salary trainer for 500k+, or 25k salary trainer for 350k+. My research shows it's not, but I'm always trying to keep an eye out for cheaper staff. Switches are easy with the doctors and pr-guys.
Ofcourse we are talking about speciality staff here.

This Post:
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160648.28 in reply to 160648.27
Date: 10/15/2010 6:49:59 PM
Overall Posts Rated:
155155
This was the key element I was looking in your calculation. My own calculation is based on paying off in 7 weeks (half a season) after the purchase. So switching to 20k salary trainer from 35,5k should not cost over 84300, 30k trainers signing bonus should be 9957 etc.


You will have to explain to me how buying a trainer could "pay off" in 7 weeks. Especially if you are paying a large bonus to get him. For example, if you pay $350K in bonus, that's $50K a week (not including severance, etc). I just don't see how you can justify that when a trainer's salary only goes up 2% per week for a level 5.

Run of the Mill Canadian Manager
This Post:
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160648.29 in reply to 160648.28
Date: 10/15/2010 7:05:43 PM
Overall Posts Rated:
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Simple, my calc shows that your current lvl5 trainer must have a salary of 73750, if you then hire a 18k salary trainer for 350k it will pay off in 7 weeks.
2% per week for a level 5.
Additionally, to my knowledge lvl5 trainers salary increases by 2,5% not 2%.

Last edited by Kukoc at 10/15/2010 7:07:23 PM

From: kLepTo

This Post:
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160648.30 in reply to 160648.29
Date: 10/15/2010 7:24:08 PM
Overall Posts Rated:
102102
Simple, my calc shows that your current lvl5 trainer must have a salary of 73750, if you then hire a 18k salary trainer for 350k it will pay off in 7 weeks.


Yeah I agree with this. On the 8th week, you would have saved (about) 54,750 compared to if you had kept the old trainer.

Additionally, to my knowledge lvl5 trainers salary increases by 2,5% not 2%.


It's 2%. I have a level 5 trainer. His salary is $ 25 594. Next week it'll be $ 26 105.

From: Kukoc

This Post:
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160648.31 in reply to 160648.30
Date: 10/15/2010 7:50:25 PM
Overall Posts Rated:
13361336
I stand corrected, I looked at my formula and I have it at 2%. I simply calculated that lvl 5= 0,5x5. Dumb me. Nevertheless the calculation was correct, as it was made with 2% salary increase.

This Post:
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160648.32 in reply to 160648.29
Date: 10/15/2010 7:57:55 PM
Overall Posts Rated:
155155
Simple, my calc shows that your current lvl5 trainer must have a salary of 73750, if you then hire a 18k salary trainer for 350k it will pay off in 7 weeks.


If it only costs 350K in bonus to pick up a level 5 trainer with an 18K salary, you should be replacing him long before his salary hits $73750. That is the flaw in your logic.

Run of the Mill Canadian Manager
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