UK here. I have worked part-time minimum wage (3 days/week) for a small but interesting company since 2016. A lot of packing boxes, cleaning shop floors and dealing with shitty customers however also a lot of high-skill stuff - for example I made custom coded the ecommerce store (extremely fast, high converting), made our shipping system and take care of the digital marketing.After the founder I am employee No.3 (No.2 left year and a bit ago) and have been with the company at least two years longer than anyone else... now there are 5 employees who take care of customer support/packing.During that time I've helped with the growth of our ecommerce website. Because I've had control of both the technical and marketing sides I've been able to grow online revenue to where it accounts for at least 2 thirds of revenue and this year we are looking to top £2m in sales through the website alone (exponential growth). Total revenue to top 3m.TL;DR: The owner recently has given me a raise from minimum wage at £8.50/hr to £12/hr. He knows it's not much (I think it's great and I understand the tight margins and costs). He wants me to go full time at £12/hour. Unless I have more incentive I would rather explore other options.I would either like to be paid comission on sales or get equity in the business. As the margins are tight and every penny is needed for competitive growth I would rather have a stake in the business and plough comission back into growth (he has mentioned selling).I have no financial risk involved in the business and the owner has shouldered all the finances. At the same time he would be nowhere near where he is without my help at this point.I am not sure what a fair percentages would be in compensation for continuing to be paid under market value. I am thinking about proposing a 5% stake with room to go down to 2.5%.I am also not sure how to communicate to him that if I did have a stake in the company I would be more motivated to work on growth and stratagies in my free time.Interested know how to best approach this with the owner. see hubwealthy.com/wealthy
0 comments:
Post a Comment