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On Mon, 10 May 2004 11:38:42 GMT, "Jay Honeck"
wrote: 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. I know quite a few project managers who made that much and they *might* be at the bottom end of the middle level management structure. OTOH, the ones making that kind of money were putting in so many hours they were making less per hour than many of the union people. They're not running nuthin'...and there isn't a mid-level manager in the world that is worth what my General Practioner makes. It depends on the who, what, when, and where. This is only lower to mid "middle class income" in many areas including here in central Michigan which isn't in the running when you look at New York, Mass, and California. Even here where the cost of living is far less than either coast you will usually find both husband and wife working at this level. Also, if I recall, George was in the telecommunications industry. With the increased competition in that field, the profit margins are way down. This area is predominately chemical industry and on the edge of the automotive to the south of us. Roger( retired and loving every minute of it) Halstead (K8RI & ARRL life member) (N833R, S# CD-2 Worlds oldest Debonair) www.rogerhalstead.com |
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