Super Sarah
Super Person
Dancer
Mildtropolis: safe from Coronavirus but the crowd will kill you!
Posts: 381
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Post by Super Sarah on Jul 26, 2011 10:14:52 GMT -8
Here is a word problem for you:
A little bunny works hard selling carrots. This bunny's sales goal is to grow 25% over 1 quarter. If she does that, she get's a $6,000 bonus. This reward system is on a sliding scale, so even if she doesn't make the whole 25% she still gets paid.
After a long quarter of hard work, she grew by 2.7%
How much of the $6,000 does the bunny get?
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Post by Tulley Kennedy on Jul 26, 2011 10:19:30 GMT -8
I must be missing something obvious. $648 is what I came up with but that must be too easy. Trick question?
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Super Sarah
Super Person
Dancer
Mildtropolis: safe from Coronavirus but the crowd will kill you!
Posts: 381
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Post by Super Sarah on Jul 26, 2011 10:26:14 GMT -8
it's not a trick question at all... I work with imbecils and I'm trying to get paid. That's exactly what I got. My office manager got $360, I don't know how. The accounting department is taking 2.7% of the 6,000 and forgetting about the sliding scale. I never made it to precalc or trig... I only went up to algebra 2 and took statistics in community college then changed my major at UCSD to avoid more math. But, this is a simple problem and I figured it out. And I want my $$$$$. I'm just amazed that I am schooling grown men in basic math.
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Post by Evan on Jul 26, 2011 10:41:23 GMT -8
2.7/25 = x/6000
(2.7)(6000)=25x
16,200 = 25x
16,200/25 = $648
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Post by Son Anheuser on Jul 26, 2011 11:51:31 GMT -8
2.7/25 = x/6000 2.7x 6000=25x 16,200 = 25x 16,200/25 = $648 What he said.
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Mac Murdock
Super Person
Jazz Singer
To alcohol! The cause of -- and solution to -- all of life's problems.
Posts: 125
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Post by Mac Murdock on Jul 26, 2011 12:17:31 GMT -8
I have never been so disgusted by a thread. You people make me sick
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Amer
Super Person
My super power is tremendous wealth.
Posts: 372
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Post by Amer on Jul 26, 2011 15:31:53 GMT -8
Ahhh. Sounds like they're using Verizon math.
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Post by Evan on Jul 26, 2011 15:42:19 GMT -8
Now I'm trying to do the math wrong, and I just can't get $360.
Sarah, be honest, are "carrots" heroin?
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Amer
Super Person
My super power is tremendous wealth.
Posts: 372
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Post by Amer on Jul 26, 2011 16:01:07 GMT -8
Perhaps the scale is not linear?
I can't see how to arrive at $360 from 2.7% either.
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Super Sarah
Super Person
Dancer
Mildtropolis: safe from Coronavirus but the crowd will kill you!
Posts: 381
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Post by Super Sarah on Jul 26, 2011 16:10:53 GMT -8
Now I'm trying to do the math wrong, and I just can't get $360. Sarah, be honest, are "carrots" heroin? No... they are "legal services" I promise!! There were other numbers involved, and I have no idea how he got $360 from any of them. It's a mystery to me Basically I told him and the accounting guy to suck it and that I'm right and it ended well I thought.... ***Edit: this is how I got my money
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Post by Son Anheuser on Jul 26, 2011 17:27:44 GMT -8
This must be that new math shit I keep hearing about.
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Post by Mike Lenin on Jul 26, 2011 19:31:13 GMT -8
Here is a word problem for you: A little bunny works hard selling carrots. This bunny's sales goal is to grow 25% over 1 quarter. If she does that, she get's a $6,000 bonus. This reward system is on a sliding scale, so even if she doesn't make the whole 25% she still gets paid. After a long quarter of hard work, she grew by 2.7% How much of the $6,000 does the bunny get? The definition of a sliding scale is different from a fixed scale.This system must make Jack Welch jealous. I mean, lets say you just goofed on Mildville all day and had a negative growth factor. Does this mean that you would owe your company money? Here are my mathematics which are the same as everybody elses. 1 percent of 6,000 equals 60 2 percent of 6,000 equals 120 .1 percent of 6,000 equals 6 or .7 percent of 6000 equals 42 120+42=162 or 6000 times .027=162 But since the sales goal was 25 percent and not 100 percent you then multiply 162 times 4. Therefore, with your 2.7percent growth rate, your company should pay you $648 Ideally, you would have wanted a fixed scale. A sliding scale tends to pay more for performance at the top ends with the caveat being that the sales goals are often unattainable to meet, however the large carrot dangling in front of the sales person is such an incentive, the sales person doesn't understand the full mathematics of the deal. For instance, when you are facing mandatory attorney fees for being accused of larceny, the payment is based upon a sliding scale that has a variable price you pay based on your ability to pay. If you would like my advice, your best bet is to barely attain your quota. By doing so, they won't post any absurd expectation of you and it will be easier to meet every quarter. With this reduced stress load, you could be known as a calm sales person, and people will appreciate your calmness and do business with you henceforth and one quarter you will blow away your expectation and they will be forced to pay a bonus. When you go to the accounting department, maybe a good question to ask is how many times have they paid the full bonus. This will totally get you in management's bullseye, and they will have to either fire you or use a more sophisticated system to dominate you.
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Post by Evan on Jul 27, 2011 2:15:17 GMT -8
A sliding scale tends to pay more for performance at the top ends with the caveat being that the sales goals are often unattainable to meet, however the large carrot dangling in front of the sales person is such an incentive, the sales person doesn't understand the full mathematics of the deal. What's with all the carrot metaphors in this thread?
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Super Sarah
Super Person
Dancer
Mildtropolis: safe from Coronavirus but the crowd will kill you!
Posts: 381
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Post by Super Sarah on Jul 27, 2011 11:49:45 GMT -8
;D ;D ;D So this morning, my boss had to come to me with a correct check in his hands and say the words "You were right". It feels really good. Also Mike, they just "restructured" the bonus plan so next quarter I get all or nothing. It will most likely be nothing but I'm just hanging out until I get some dental work done, then I'm going for a new job that I actually care about. In the mean time... there is mildville
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