CDZ What are you worth?

Boss

Take a Memo:
Apr 21, 2012
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Birmingham, AL
First let me say, this is a sociological test and there are no right or wrong answers. It is merely intended to open a conversation on the idea of "living wages" and/or "guaranteed minimum incomes" or whatever the latest term being used to articulate a change in the current way incomes are determined in the US.

The specific hypothetical scenario is as follows:

It's some time in the distant future.... The US has just passed a federal law that every person will be paid a maximum $100 per day regardless of the job they perform. Since jobs are all different, requiring different talents and skill sets, different education levels and expertise, we need to determine what each person brings to the table in terms of value or worth. In a couple of paragraphs (no more than three) please explain how many hours per day (and number of days per week) you will be working and what you will be offering for the $100 max pay you will receive?

For example, if you are a doctor, maybe you'll work 1 hr. per day at $100, 5 days per week.Perhaps you're a brain surgeon who will work 20 minutes per day for $100, 3 days per week? Maybe you are a cashier who will work 5 hrs. a day for $20/hr ($100), 6 days a week. Or maybe you want to work 4 hrs per day at $25/hr., 4 days a week? It's entirely up to you... You are the best judge as to what you're worth.

GO!!
 
I'm retired, in poor to fair health.

I'd have to get by on my good looks
 
There are different types or worth. I am of the firm belief that the vast majority of jobs merely require OJT. Your scenario is not about how much someone is worth because that appears to be fixed at $500 a week. Your scenario is about how much value you put into your time. In your scenario i would probably work 1 minute a day.
 
There are different types or worth. I am of the firm belief that the vast majority of jobs merely require OJT. Your scenario is not about how much someone is worth because that appears to be fixed at $500 a week. Your scenario is about how much value you put into your time. In your scenario i would probably work 1 minute a day.

Well there are 7 days in a week, so the maximum pay you could get in a week would be $700. But your worth is up to you... that's what we are trying to determine. What will we get for our money from you? If you're only going to give us one minute per day, I hope you'll be doing something pretty spectacular, like maybe curing cancer?

Keep in mind, we'll still need to find a market for what you offer. I could say that I will be a medical marijuana tester at $10/hr for 10 hours a day, 7 days a week... but there has to be a market for my services. So this requires a little more thought.
 
There are different types or worth. I am of the firm belief that the vast majority of jobs merely require OJT. Your scenario is not about how much someone is worth because that appears to be fixed at $500 a week. Your scenario is about how much value you put into your time. In your scenario i would probably work 1 minute a day.

Well there are 7 days in a week, so the maximum pay you could get in a week would be $700. But your worth is up to you... that's what we are trying to determine. What will we get for our money from you? If you're only going to give us one minute per day, I hope you'll be doing something pretty spectacular, like maybe curing cancer?

Keep in mind, we'll still need to find a market for what you offer. I could say that I will be a medical marijuana tester at $10/hr for 10 hours a day, 7 days a week... but there has to be a market for my services. So this requires a little more thought.
You capped it at $500 regardless of the amount of time. All your numbers work out to $500.

Who is we? I would be working for myself and having you purchase something from me. People would still need services and I would fufill that niche. My abilities simply would be too valuable for your scenario to be honest. What I do takes more than a minute and is worth much more than even $100 a minute.
 
why not make it everyone gets $100 per day no matter what they do, or how hard or long they work. Then ask what they would do
 
First let me say, this is a sociological test and there are no right or wrong answers. It is merely intended to open a conversation on the idea of "living wages" and/or "guaranteed minimum incomes" or whatever the latest term being used to articulate a change in the current way incomes are determined in the US.

The specific hypothetical scenario is as follows:

It's some time in the distant future.... The US has just passed a federal law that every person will be paid a maximum $100 per day regardless of the job they perform. Since jobs are all different, requiring different talents and skill sets, different education levels and expertise, we need to determine what each person brings to the table in terms of value or worth. In a couple of paragraphs (no more than three) please explain how many hours per day (and number of days per week) you will be working and what you will be offering for the $100 max pay you will receive?

For example, if you are a doctor, maybe you'll work 1 hr. per day at $100, 5 days per week.Perhaps you're a brain surgeon who will work 20 minutes per day for $100, 3 days per week? Maybe you are a cashier who will work 5 hrs. a day for $20/hr ($100), 6 days a week. Or maybe you want to work 4 hrs per day at $25/hr., 4 days a week? It's entirely up to you... You are the best judge as to what you're worth.

GO!!
I never went to college or did criminal acts. I made my money the hard way, I earned it. I have no debt and house paid for and never inherited one penny or accepted one penny of government assistance and never gamble. My net worth today is $750,000 today including house, a tidy sum but not rich in any sense of the word.
 
First let me say, this is a sociological test and there are no right or wrong answers. It is merely intended to open a conversation on the idea of "living wages" and/or "guaranteed minimum incomes" or whatever the latest term being used to articulate a change in the current way incomes are determined in the US.

The specific hypothetical scenario is as follows:

It's some time in the distant future.... The US has just passed a federal law that every person will be paid a maximum $100 per day regardless of the job they perform. Since jobs are all different, requiring different talents and skill sets, different education levels and expertise, we need to determine what each person brings to the table in terms of value or worth. In a couple of paragraphs (no more than three) please explain how many hours per day (and number of days per week) you will be working and what you will be offering for the $100 max pay you will receive?

For example, if you are a doctor, maybe you'll work 1 hr. per day at $100, 5 days per week.Perhaps you're a brain surgeon who will work 20 minutes per day for $100, 3 days per week? Maybe you are a cashier who will work 5 hrs. a day for $20/hr ($100), 6 days a week. Or maybe you want to work 4 hrs per day at $25/hr., 4 days a week? It's entirely up to you... You are the best judge as to what you're worth.

GO!!
I never went to college or did criminal acts. I made my money the hard way, I earned it. I have no debt and house paid for and never inherited one penny or accepted one penny of government assistance and never gamble. My net worth today is $500,000, a tidy sum but not rich in any sense of the word.
why not make it everyone gets $100 per day no matter what they do, or how hard or long they work. Then ask what they would do
Not much on $500 a week.
well everyone else would get the same check so most things would be cheap if they exist at all
I guess we would have to do away with capitalism then.
So what would you do?
 
There are different types or worth. I am of the firm belief that the vast majority of jobs merely require OJT. Your scenario is not about how much someone is worth because that appears to be fixed at $500 a week. Your scenario is about how much value you put into your time. In your scenario i would probably work 1 minute a day.

Well there are 7 days in a week, so the maximum pay you could get in a week would be $700. But your worth is up to you... that's what we are trying to determine. What will we get for our money from you? If you're only going to give us one minute per day, I hope you'll be doing something pretty spectacular, like maybe curing cancer?

Keep in mind, we'll still need to find a market for what you offer. I could say that I will be a medical marijuana tester at $10/hr for 10 hours a day, 7 days a week... but there has to be a market for my services. So this requires a little more thought.
You capped it at $500 regardless of the amount of time. All your numbers work out to $500.

Who is we? I would be working for myself and having you purchase something from me. People would still need services and I would fufill that niche. My abilities simply would be too valuable for your scenario to be honest. What I do takes more than a minute and is worth much more than even $100 a minute.

Sorry, I don't see where I capped it at $500 and I never meant to imply it was. You can work all 7 days if you want to, that's up to you. You can also work for yourself but the maximum value you can get for what you do is $100 per day. That's the new law in this scenario. I understand that in the past you may have gotten more, I have made $10,000 in 20 minutes. But this is in the future and capitalism is dead. The Socialists have decided that everyone needs $100 per day in order to live a standard uniform lifestyle. So everyone can make $100 per day, the question is, what will you be doing for that $100?
 
First let me say, this is a sociological test and there are no right or wrong answers. It is merely intended to open a conversation on the idea of "living wages" and/or "guaranteed minimum incomes" or whatever the latest term being used to articulate a change in the current way incomes are determined in the US.

The specific hypothetical scenario is as follows:

It's some time in the distant future.... The US has just passed a federal law that every person will be paid a maximum $100 per day regardless of the job they perform. Since jobs are all different, requiring different talents and skill sets, different education levels and expertise, we need to determine what each person brings to the table in terms of value or worth. In a couple of paragraphs (no more than three) please explain how many hours per day (and number of days per week) you will be working and what you will be offering for the $100 max pay you will receive?

For example, if you are a doctor, maybe you'll work 1 hr. per day at $100, 5 days per week.Perhaps you're a brain surgeon who will work 20 minutes per day for $100, 3 days per week? Maybe you are a cashier who will work 5 hrs. a day for $20/hr ($100), 6 days a week. Or maybe you want to work 4 hrs per day at $25/hr., 4 days a week? It's entirely up to you... You are the best judge as to what you're worth.

GO!!
I never went to college or did criminal acts. I made my money the hard way, I earned it. I have no debt and house paid for and never inherited one penny or accepted one penny of government assistance and never gamble. My net worth today is $500,000, a tidy sum but not rich in any sense of the word.
why not make it everyone gets $100 per day no matter what they do, or how hard or long they work. Then ask what they would do
Not much on $500 a week.
well everyone else would get the same check so most things would be cheap if they exist at all
I guess we would have to do away with capitalism then.
So what would you do?
Move to another country.
 
First let me say, this is a sociological test and there are no right or wrong answers. It is merely intended to open a conversation on the idea of "living wages" and/or "guaranteed minimum incomes" or whatever the latest term being used to articulate a change in the current way incomes are determined in the US.

The specific hypothetical scenario is as follows:

It's some time in the distant future.... The US has just passed a federal law that every person will be paid a maximum $100 per day regardless of the job they perform. Since jobs are all different, requiring different talents and skill sets, different education levels and expertise, we need to determine what each person brings to the table in terms of value or worth. In a couple of paragraphs (no more than three) please explain how many hours per day (and number of days per week) you will be working and what you will be offering for the $100 max pay you will receive?

For example, if you are a doctor, maybe you'll work 1 hr. per day at $100, 5 days per week.Perhaps you're a brain surgeon who will work 20 minutes per day for $100, 3 days per week? Maybe you are a cashier who will work 5 hrs. a day for $20/hr ($100), 6 days a week. Or maybe you want to work 4 hrs per day at $25/hr., 4 days a week? It's entirely up to you... You are the best judge as to what you're worth.

GO!!
I never went to college or did criminal acts. I made my money the hard way, I earned it. I have no debt and house paid for and never inherited one penny or accepted one penny of government assistance and never gamble. My net worth today is $500,000, a tidy sum but not rich in any sense of the word.
why not make it everyone gets $100 per day no matter what they do, or how hard or long they work. Then ask what they would do
Not much on $500 a week.
well everyone else would get the same check so most things would be cheap if they exist at all
I guess we would have to do away with capitalism then.
So what would you do?
Move to another country.
everyone in the whole world lives like this
 
There are different types or worth. I am of the firm belief that the vast majority of jobs merely require OJT. Your scenario is not about how much someone is worth because that appears to be fixed at $500 a week. Your scenario is about how much value you put into your time. In your scenario i would probably work 1 minute a day.

Well there are 7 days in a week, so the maximum pay you could get in a week would be $700. But your worth is up to you... that's what we are trying to determine. What will we get for our money from you? If you're only going to give us one minute per day, I hope you'll be doing something pretty spectacular, like maybe curing cancer?

Keep in mind, we'll still need to find a market for what you offer. I could say that I will be a medical marijuana tester at $10/hr for 10 hours a day, 7 days a week... but there has to be a market for my services. So this requires a little more thought.
You capped it at $500 regardless of the amount of time. All your numbers work out to $500.

Who is we? I would be working for myself and having you purchase something from me. People would still need services and I would fufill that niche. My abilities simply would be too valuable for your scenario to be honest. What I do takes more than a minute and is worth much more than even $100 a minute.

Sorry, I don't see where I capped it at $500 and I never meant to imply it was. You can work all 7 days if you want to, that's up to you. You can also work for yourself but the maximum value you can get for what you do is $100 per day. That's the new law in this scenario. I understand that in the past you may have gotten more, I have made $10,000 in 20 minutes. But this is in the future and capitalism is dead. The Socialists have decided that everyone needs $100 per day in order to live a standard uniform lifestyle. So everyone can make $100 per day, the question is, what will you be doing for that $100?
Not that big of a difference. i was just pointing out your math examples all added up to $500 per week.

If I could live like I live now on 500 or 700 a week I would teach kids how to build IP networks.
 
why not make it everyone gets $100 per day no matter what they do, or how hard or long they work. Then ask what they would do
Not much on $500 a week.
well everyone else would get the same check so most things would be cheap if they exist at all
I guess we would have to do away with capitalism then.

$100 per day is not a living wage. $100 per hour is a living wage if you want to go high style.
 
First let me say, this is a sociological test and there are no right or wrong answers. It is merely intended to open a conversation on the idea of "living wages" and/or "guaranteed minimum incomes" or whatever the latest term being used to articulate a change in the current way incomes are determined in the US.

The specific hypothetical scenario is as follows:

It's some time in the distant future.... The US has just passed a federal law that every person will be paid a maximum $100 per day regardless of the job they perform. Since jobs are all different, requiring different talents and skill sets, different education levels and expertise, we need to determine what each person brings to the table in terms of value or worth. In a couple of paragraphs (no more than three) please explain how many hours per day (and number of days per week) you will be working and what you will be offering for the $100 max pay you will receive?

For example, if you are a doctor, maybe you'll work 1 hr. per day at $100, 5 days per week.Perhaps you're a brain surgeon who will work 20 minutes per day for $100, 3 days per week? Maybe you are a cashier who will work 5 hrs. a day for $20/hr ($100), 6 days a week. Or maybe you want to work 4 hrs per day at $25/hr., 4 days a week? It's entirely up to you... You are the best judge as to what you're worth.

GO!!
I never went to college or did criminal acts. I made my money the hard way, I earned it. I have no debt and house paid for and never inherited one penny or accepted one penny of government assistance and never gamble. My net worth today is $500,000, a tidy sum but not rich in any sense of the word.
Not much on $500 a week.
well everyone else would get the same check so most things would be cheap if they exist at all
I guess we would have to do away with capitalism then.
So what would you do?
Move to another country.
everyone in the whole world lives like this
I dont see that caveat in the OP. Did you just make it up?
 
why not make it everyone gets $100 per day no matter what they do, or how hard or long they work. Then ask what they would do
Not much on $500 a week.
well everyone else would get the same check so most things would be cheap if they exist at all
I guess we would have to do away with capitalism then.

$100 per day is not a living wage. $100 per hour is a living wage if you want to go high style.
More like medium style.
 
First let me say, this is a sociological test and there are no right or wrong answers. It is merely intended to open a conversation on the idea of "living wages" and/or "guaranteed minimum incomes" or whatever the latest term being used to articulate a change in the current way incomes are determined in the US.

The specific hypothetical scenario is as follows:

It's some time in the distant future.... The US has just passed a federal law that every person will be paid a maximum $100 per day regardless of the job they perform. Since jobs are all different, requiring different talents and skill sets, different education levels and expertise, we need to determine what each person brings to the table in terms of value or worth. In a couple of paragraphs (no more than three) please explain how many hours per day (and number of days per week) you will be working and what you will be offering for the $100 max pay you will receive?

For example, if you are a doctor, maybe you'll work 1 hr. per day at $100, 5 days per week.Perhaps you're a brain surgeon who will work 20 minutes per day for $100, 3 days per week? Maybe you are a cashier who will work 5 hrs. a day for $20/hr ($100), 6 days a week. Or maybe you want to work 4 hrs per day at $25/hr., 4 days a week? It's entirely up to you... You are the best judge as to what you're worth.

GO!!
I never went to college or did criminal acts. I made my money the hard way, I earned it. I have no debt and house paid for and never inherited one penny or accepted one penny of government assistance and never gamble. My net worth today is $500,000, a tidy sum but not rich in any sense of the word.
well everyone else would get the same check so most things would be cheap if they exist at all
I guess we would have to do away with capitalism then.
So what would you do?
Move to another country.
everyone in the whole world lives like this
I dont see that caveat in the OP. Did you just make it up?
I did
 

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