One of the biggest lessons I ever learned is that your worth/your salary is based on the ability to replace you. That sounds like a negative thing but it’s not. As I said in my last post, it’s never about you. Yes you have family, friends, and spouses that love you unconditionally and the value of you is not monetary. In business it is. Your hard work, your training, your education only matter if all of those makes you more valuable and sets you above the level of others. If there are a lot of people in your skill set that work hard, are highly educated and trained then all of that will be less valuable. The reality is that the trades are worth more than they ever have been. Family’s set goals of having their kids go to college and not have to do hand work, manual labor for a living. Leaving those that do the lower end of the quality work. I think we will get to a point that a mechanic, a great heating and air person, and other service trades will be paid better than many management and college degree necessary jobs.
I can find a computer engineer easier than I can find a good mechanic. I can find a sales manager easier than I can to find a seasoned welder. There is a flip of pay coming right now. “Labor” is seeing huge increases in pay because they are harder to replace. Engineers and middle management are getting laid off by the millions. I realize its not as simple as I’m making it and there are many more things in play, but it doesn’t change the idea. Your pay and value is based on the ability to find someone else to fill your position and which positions that are getting harder to fill are changing
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