Damn, Playboy pays WELL!!! - GoFuckYourself.com

TripleXPrint · 12-31-2008, 08:39 AM

They are letting 55 employees go and plan to save $12,000,000 by doing so. Using basic math, that means that each of the employees were getting paid around $218,000 a year. That's a pretty nice chunch of change. And you know they're not releasing any executive positions so I wonder how much they get paid?

Playboy is getting kicked in the nuts and is blaming the bad economy. That sucks to see such a legendary publication hurting. They'll bounce back, pun totally intended.

http://www.msnbc.msn.com/id/27221967/

brassmonkey · 12-31-2008, 08:42 AM

nice chunch of change.

wtf is that lol!!

JFK · 12-31-2008, 08:46 AM

they are probably saving 10 mill already since Lens left

HorseShit · 12-31-2008, 08:46 AM

You are not thinking in terms of "other" expenses that employees carry also 2c

hahmike · 12-31-2008, 08:48 AM

Or more likely, one guy was getting the cash and the others were getting fucked over.

gornyhuy · 12-31-2008, 08:48 AM

overhead, offices, etc - shit adds up.

TripleXPrint · 12-31-2008, 08:55 AM

Quote:

Originally Posted by brassmonkey

nice chunch of change.

wtf is that lol!!

Chunk. You knew what I was talking about.

And yes, I accounted for overhead such as insurance, worker's comp, taxes, expenditures, etc. And even after all those they are still making some pretty decent money.

HorseShit · 12-31-2008, 09:06 AM

Quote:

Originally Posted by TripleXPrint

Chunk. You knew what I was talking about.

And yes, I accounted for overhead such as insurance, worker's comp, taxes, expenditures, etc. And even after all those they are still making some pretty decent money.

After all the drinks, parties, meals, trips, etc., they were all making minimum wage

PR|Jordan · 12-31-2008, 09:08 AM

Normally an employees wage rate is 30-40% hire then his salary.

GMC's wage rate for a line worker is something like 74$/hr and the salary is 23$/hr lol.

gideongallery · 12-31-2008, 09:20 AM

Quote:

Originally Posted by TripleXPrint

Chunk. You knew what I was talking about.

And yes, I accounted for overhead such as insurance, worker's comp, taxes, expenditures, etc. And even after all those they are still making some pretty decent money.

depends on if that represents closing down an office
in which case, location cost, like heat, light electricity, rent, property taxes all get factored into that savings.

industry average in corporate america is that you have to generate 7 times your salary to break even. Hense the saying i want to make 1/7 what i am worth.

Marcus Aurelius · 12-31-2008, 09:22 AM

Wonder what Hef's Viagra budget is?

TripleXPrint · 12-31-2008, 09:26 AM

Quote:

Originally Posted by gideongallery

depends on if that represents closing down an office
in which case, location cost, like heat, light electricity, rent, property taxes all get factored into that savings.

industry average in corporate america is that you have to generate 7 times your salary to break even. Hense the saying i want to make 1/7 what i am worth.

Good point.

AaronM · 12-31-2008, 09:47 AM

Quote:

Originally Posted by TripleXPrint

And yes, I accounted for overhead such as insurance, worker's comp, taxes, expenditures, etc. And even after all those they are still making some pretty decent money.

You did? How so?

12,000,000 / 55 = 218,181.82

So you are allowing $181.82 for the additional stuff?

Please tell me where I can get insurance for a year for $181.82 let alone all the other stuff.

EscortBiz · 12-31-2008, 11:50 AM

Quote:

Originally Posted by AaronM

You did? How so?

12,000,000 / 55 = 218,181.82

So you are allowing $181.82 for the additional stuff?

Please tell me where I can get insurance for a year for $181.82 let alone all the other stuff.

181 is the copay

AaronM · 12-31-2008, 11:53 AM

Quote:

Originally Posted by EscortBiz

181 is the copay

So they cover the copay too?

Very generous.

Daddy Big Nuts · 12-31-2008, 12:13 PM

Quote:

Originally Posted by JFK

they are probably saving 10 mill already since Lens left

Thats what I was thinking. We all know Eric will work for beer

Michaelious · 12-31-2008, 12:27 PM

The did get paid well!

12-31-2008, 08:39 AM	#1
TripleXPrint Confirmed User Join Date: Apr 2007 Posts: 983	Damn, Playboy pays WELL!!! They are letting 55 employees go and plan to save $12,000,000 by doing so. Using basic math, that means that each of the employees were getting paid around $218,000 a year. That's a pretty nice chunch of change. And you know they're not releasing any executive positions so I wonder how much they get paid? Playboy is getting kicked in the nuts and is blaming the bad economy. That sucks to see such a legendary publication hurting. They'll bounce back, pun totally intended. http://www.msnbc.msn.com/id/27221967/ __________________ Skype: Triplexprint

12-31-2008, 08:42 AM	#2
brassmonkey Pay It Forward Industry Role: Join Date: Sep 2005 Location: Yo Mama House Posts: 77,042	nice chunch of change. wtf is that lol!! __________________ TRUMP 2025 KEKAW!!! - The Laken Riley Act Is Law! DACA ENDED - SUPPORT AZ HCR 2060 52R - email: brassballz-at-techie.com

12-31-2008, 08:46 AM	#3
JFK FUBAR the ORIGINATOR Industry Role: Join Date: Jan 2002 Location: FUBARLAND Posts: 67,374	they are probably saving 10 mill already since Lens left __________________ FUBAR Webmasters - The FUBAR Times - FUBAR Webmasters Mobile - FUBARTV.XXX For promo opps contact jfk at fubarwebmasters dot com

12-31-2008, 08:48 AM	#6
gornyhuy Chafed. Join Date: May 2002 Location: Face Down in Pussy Posts: 18,041	overhead, offices, etc - shit adds up. __________________ icq:159548293

12-31-2008, 09:08 AM	#9
PR\|Jordan Confirmed User Join Date: Oct 2008 Posts: 244	Normally an employees wage rate is 30-40% hire then his salary. GMC's wage rate for a line worker is something like 74$/hr and the salary is 23$/hr lol. __________________ Jordan Jacobs - OC3 Networks / Pacific Rack - ICQ:1408 1732 - jjacobs[@]pacificrack.com These deals ROCK! Dual Core E2180, 2GB DDR2, 250GB SATA-2, 2000GB - $89 /month Quad Core Q9300, 2GB DDR2, 250GB SATA-2, 2000GB - $129 /month

12-31-2008, 08:46 AM	#4
HorseShit Too lazy to set a custom title Join Date: Dec 2004 Posts: 17,513	You are not thinking in terms of "other" expenses that employees carry also 2c

12-31-2008, 08:48 AM	#5
hahmike So Fucking Banned Join Date: May 2002 Posts: 2,488	Or more likely, one guy was getting the cash and the others were getting fucked over.

12-31-2008, 09:22 AM	#11
Marcus Aurelius No Refunds Issued. Industry Role: Join Date: Apr 2003 Posts: 14,809	Wonder what Hef's Viagra budget is?

12-31-2008, 12:27 PM	#17
Michaelious Confirmed User Join Date: Jan 2004 Location: Scotland Posts: 6,720	The did get paid well! __________________