High or low wing?

"Jay Honeck" writes:

As to the "doctor killer"...I think that applies more to the
egotistical specialties like surgery, and I'm just a poor country
radiologist.

Good one! ;-)

Actually, most doctors make great pilots. What kills 'em is the fact that
they are too busy to stay current, and they end up flying into conditions
that they are no longer able to handle.

And they're more likely to be able to afford more airplane than they
can fly than most of us are.
--
David Dyer-Bennet, , http://www.dd-b.net/dd-b/
RKBA: http://noguns-nomoney.com http://www.dd-b.net/carry/
Photos: dd-b.lighthunters.net Snapshots: www.dd-b.net/dd-b/SnapshotAlbum/
Dragaera/Steven Brust: http://dragaera.info/

David Dyer-Bennet wrote:

And they're more likely to be able to afford more airplane than they
can fly than most of us are.

That must have been before universal health care (in most rich countries)
and HMOs + sky-high malpractice insurance premiums (in the U.S.). General
practitioners are not exactly lining up at the food banks, yet, but they're
hardly the ones with the big houses or new cars any more, and they probably
won't be the ones buying the new glass-panel contraptions.

On the other hand, a lot of people in tech made a lot of money before the
dot.com bubble burst, and many of those people now have (a) a lot of money
saved and (b) a lot of unexpected free time on their hands. I think that a
more appropriate name from the newer composite planes like the SR-22 would
be the one in the subject line.


All the best,


David

That must have been before universal health care (in most rich countries)
and HMOs + sky-high malpractice insurance premiums (in the U.S.).

Various resources on the 'net list a physician's average income as ranging
anywhere from $129K to $255K annually.

I think they can probably eke a Bonanza or Cirrus payment out of that each
month.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

Jay Honeck wrote:

Various resources on the 'net list a physician's average income as ranging
anywhere from $129K to $255K annually.

That makes it about the same as mid-level managers at my former place of employment.

George Patterson
If you don't tell lies, you never have to remember what you said.

Various resources on the 'net list a physician's average income as
ranging
anywhere from $129K to $255K annually.
That makes it about the same as mid-level managers at my former place of
employment.

Perhaps this is why they are no longer employing so many people?

When a business is paying mid-level managers what a physician averages in
salary, something is seriously amiss. Unless the company is making gold, or
selling crack, their profit margins aren't going to support such a salary
structure for long.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

Jay Honeck wrote:

Perhaps this is why they are no longer employing so many people?

There was certainly a distinct feeling to that effect amongst low-level employees. I
recall during some of the 2002 layoffs, it was explained to a friend of mine that
they were laying off low-level employees, but they were keeping their managers so
that they would have their strategy layer intact and could "spring ahead" when the
economy improved. Her opinion of this was that the people they were keeping were the
people who were responsible for the company's problems.

I still wouldn't go that far, but I *did* roll over the company stock in my 401K to
another fund a while back.

George Patterson
If you don't tell lies, you never have to remember what you said.

Of course, the conventional wisdom is to dump the privates and keep the
generals, because you can get new privates more easily than you can get new
generals. And in a variation of the Ma Joad philosophy, in a pinch a general
can do a private's job, but a private probably cannot do a general's job.
And this doesn't factor in the differences in value of an incompetent
general vs. a high-achieving private.

But "corporate memory" is a valuable asset: if you hire a new machinist, he
generally doesn't need to know anything about the company in order to
immediately become productive. All he needs to know is how to run his
particular machine (and I am not denigrating the contributions of
machinists). However, the production manager that the machinist works for
doesn't need to know very much about the machines on the shop floor, but he
does need to know a great deal about the company, notably such things as
seasonal variances in production requirements, new products that will
require shop floor changes, things like that.

So it goes...

And on a personal and unrelated note: George, based on a misidentification
on my part, a short while back I insulted you ("argue with a fence post"). I
have since become aware that it was someone else who had that unpleasant
characteristic, and I feel I owe you an apology. Please consider one
extended...




"G.R. Patterson III" wrote in message
...


Jay Honeck wrote:

Perhaps this is why they are no longer employing so many people?

There was certainly a distinct feeling to that effect amongst low-level
employees. I
recall during some of the 2002 layoffs, it was explained to a friend of
mine that
they were laying off low-level employees, but they were keeping their
managers so
that they would have their strategy layer intact and could "spring ahead"
when the
economy improved. Her opinion of this was that the people they were
keeping were the
people who were responsible for the company's problems.

I still wouldn't go that far, but I *did* roll over the company stock in
my 401K to
another fund a while back.

George Patterson
If you don't tell lies, you never have to remember what you said.

"Jay Honeck" wrote in message
news:ViDnc.1942$UQ.197264@attbi_s51...
Various resources on the 'net list a physician's average income as
ranging
anywhere from $129K to $255K annually.
That makes it about the same as mid-level managers at my former place of
employment.

Perhaps this is why they are no longer employing so many people?

When a business is paying mid-level managers what a physician averages in
salary, something is seriously amiss. Unless the company is making gold,
or
selling crack, their profit margins aren't going to support such a salary
structure for long.

The only time a pay rate such as that is too high is when the productivity
doesn't match. That's true whether it's managers, executives or burger
flippers.

Remember, too, that doctors are mostly self-employed, so those numbers are
NET PROFIT (after paying BIG insurance costs, staff, rent,
this-that-and-the-other costs). In Gross income, it's probably more like a
couple million $$$.

Run a nicely profitable $60 million company and that income would not be out
of line. :~)
Keep it profitable in hard times and a higher number is certainly justified.

Run a nicely profitable $60 million company and that income would not be
out
of line. :~)
Keep it profitable in hard times and a higher number is certainly
justified.

Agreed -- but, remember, George was referring to MIDDLE level managers
making that kind of money.

They're not running nuthin'...and there isn't a mid-level manager in the
world that is worth what my General Practioner makes.

Also, if I recall, George was in the telecommunications industry. With the
increased competition in that field, the profit margins are way down.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

"Tom Sixkiller" writes:

Remember, too, that doctors are mostly self-employed, so those numbers are
NET PROFIT (after paying BIG insurance costs, staff, rent,
this-that-and-the-other costs). In Gross income, it's probably more like a
couple million $$$.

You sure about that? I thought the march of managed care had caused
nearly all the private practices to go out of business.
--
David Dyer-Bennet, , http://www.dd-b.net/dd-b/
RKBA: http://noguns-nomoney.com http://www.dd-b.net/carry/
Photos: dd-b.lighthunters.net Snapshots: www.dd-b.net/dd-b/SnapshotAlbum/
Dragaera/Steven Brust: http://dragaera.info/