Board 8 > Name Your Price: Be stuck with a minimum wage job for the rest of your life.

(+) Yeah! (+)

Previous result:

Day 1: Abandon Board 8 and Board 8ers completely
Rejections: 21
Acceptances: 18
Statistics of acceptances:
Min: $-20
Max: $27,000,000,000,000
Average: $1,500,000,595,084
Average without outliers: $27433.67
Median: $10,250

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multiple updates tomorrow or i will publicly admit that zachnorn is better than me -Sess/MRNICEWATCH
Posted 3/5/12, no more updates since...

no amount of money would convince me to do this, the lesser paying jobs are also typically miserable, either because of dealing with the brain damaged general public or because of dealing with your brain damaged co-workers(people that get paid minimum wage get paid minimum wage for a reason)

$3,000,000 should cover expenses.

EDIT: I'm assuming this is just until age 65 (retirement age)

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Can somebody give me an example of a minimum wage job?

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Well let's see here. Minimum wage nationally is $7.25/hr, working 20 hours a week for let's say 50 weeks a year (give a couple weeks for full vacations), that gives us $7,250 a year. Let's say roughly 30% goes to taxes, and we're left with just over $5,000 a year. I'd like to imagine that I could live very decently with $100,000 per year, so 95k a year, multiplied by the 45 years I'd be in the workforce (I'll put some of that 100k into a retirement fund, of course), and we've got:

$4,275,000.

Sounds about right.

EDIT: I'm assuming this is just until age 65 (retirement age)

The way the original nominators worded it, it struck me as being for the rest of your living life, not working life.

Can somebody give me an example of a minimum wage job?

Some examples: http://www.ehow.com/list_6708892_jobs-pay-minimum-wage.html

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Everything is overrated - <D
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Well, the only reason I work is to have enough money to fund my hobbies and living costs, but minimum wage jobs...

Would a street vendor count as one?

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My Little Phineas and Ferb: Summer is Magic!
Aww, I lost to SuperNiceDog, Winner of the Rivalry Rumble Guru Contest

If you're working for someone else, then yeah, I'd imagine they would get minimum wage. Some street vendors work for themselves, though.

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Everything is overrated - <D
I would gladly take 90 whippings and be sentenced to 2 years in jail than have my account warned. - NotYou

With the $x to do y topics, I thought this might be fun. Just state how much you would want to be paid to do whatever is in the title.

RULES
-Be specific when voting! Give me an actual dollar amount or explicitly say that you'd reject the offer. It helps me with tallying and calculating.
-1 vote, no alts, blah blah, you have until whenever I put the next topic up to vote (at least 24 hours)
-Give the minimum amount you want in US dollars and cents, "free," "no deal," and negative amounts are acceptable. Google is good for currency conversion (search "1000 Euro to USD" without quotes, for example).
-Read the stipulations every time for any rules/information that are for the particular topic. Only I can add/remove/change them later as needed.
-You can nominate 3 things per day. You can write your own stipulations or have me take care of it.
-Ask me (or the original nominator) about stipulations if you need more information.

TODAY'S OFFER: Be stuck with a minimum wage job for the rest of your life.
Should you accept the offer, you'll be forced to work in a minimum wage job of your choice until you die.

STIPULATIONS FOR THE OFFER
1. You MUST actually have a minimum wage job and keep it. If you get laid off or fired, you must get another job in a reasonable amount of time. You cannot get a job that's not normally a minimum wage job (no minimum wage neurosurgeons!) and you cannot be self-employed.
2. You can only earn minimum wage. No raises, no tips, no bonuses, no benefits (retirement plan, health coverage, etc.).
3. The minimum wage can change over time. The amount is whatever it is where you work.
4. You must work part time at least, or about 20 hours per week.
5. If you don't follow these stipulations, you must pay back the full amount you received.

Name Your Price!

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Zachnorn - <D http://img841.imageshack.us/img841/4503/qrcode857546.th.png

If we would be allowed to choose which minimum wage job, I would accept for $3,000,000 which would offset the lost money from better paying jobs.

If we are stuck with a job we hate... I'd have to go with no less than $10,000,000 to not only offset the lost money of better paying jobs, but to also afford doing things fun to offset the horrible job I have.

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Hmm... becoming a waiter in a street food kiosk isn't so bad.

All that's left is to calculate how much money I need and want.

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My Little Phineas and Ferb: Summer is Magic!
Aww, I lost to SuperNiceDog, Winner of the Rivalry Rumble Guru Contest

$15 million

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If we would be allowed to choose which minimum wage job, I would accept for $3,000,000 which would offset the lost money from better paying jobs.

You can choose the job, as long as it's something where it makes sense to earn minimum wage. You can get a job as a dishwasher but not as a CEO of a Fortune 500 company.

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multiple updates tomorrow or i will publicly admit that zachnorn is better than me -Sess/MRNICEWATCH
Posted 3/5/12, no more updates since...

Reject.

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"we're about 50 years behind the rest of western society." -icon on B8

I enjoyed working fast food.

It was easy to do and easy to be good at. People might not respect the person at the drive through, but they still appreciate good service and so from the vast majority you get paid in gratitude.


I'd probably Settle int eh range of 1.5M. I think with proper money management it would be more than enough seed money to put to use and then eventually live comfortably on. I'm not asking for decadence from now until my 80s. I would probably still limit where I lived to a place that could be afforded on my salary and try and use the money to pay for the little things that I'd like to enjoy with my life.

To recap:

-Accept
-1,500,000 dollars

(This number could probably be smaller, but I want a good cushion in case of random hospitalization and whatnot. It probably take less than that to afford all small luxuries I would enjoy in my life)

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Going to sleep. I will respond to any other questions later today.

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multiple updates tomorrow or i will publicly admit that zachnorn is better than me -Sess/MRNICEWATCH
Posted 3/5/12, no more updates since...

*calculates from IDR*

... $3 million dollars?

That can't be right.

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My Little Phineas and Ferb: Summer is Magic!
Aww, I lost to SuperNiceDog, Winner of the Rivalry Rumble Guru Contest

Forgot to list the nominations. I edited them into the second post.

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multiple updates tomorrow or i will publicly admit that zachnorn is better than me -Sess/MRNICEWATCH
Posted 3/5/12, no more updates since...

From: Zachnorn | #001

2. You can only earn minimum wage. No raises, no tips, no bonuses, no benefits (retirement plan, health coverage, etc.).

What about passive income?

Example: I use part of my payout to buy an apartment complex, hire a management company to run it, and collect monthly rental income without materially participating in the business. Is this permissible?

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Reject. I can't imagine doing something I don't find to be interesting at all for the rest of my life, especially if I can't eventually retire.

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From: PartOfYourWorld | #019

From: Zachnorn | #001

2. You can only earn minimum wage. No raises, no tips, no bonuses, no benefits (retirement plan, health coverage, etc.).

What about passive income?

Example: I use part of my payout to buy an apartment complex, hire a management company to run it, and collect monthly rental income without materially participating in the business. Is this permissible?

Earning money from investments (real estate, stocks, bonds, etc.) is fine. The apartment complex is fine. But remember: you can't turn it into work (actually hiring a management company yourself is borderline enough), and you must always check into your minimum wage job even if you earn a lot of money from your investments. Someone's gotta keep the place running!

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Everything is overrated - <D
I would gladly take 90 whippings and be sentenced to 2 years in jail than have my account warned. - NotYou

I would accept for about $50K with a guarantee that this minimum wage job would be my dream job (Naughty Dog/Valve/etc.)

Reject otherwise

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_foolmo_
'nice comma splice' - TomNook7

You could probably get a job at Naughty Dog or Valve doing minimum wage. They need janitors too!

Since there are no guarantees, I am counting it as a rejection.

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Everything is overrated - <D
I would gladly take 90 whippings and be sentenced to 2 years in jail than have my account warned. - NotYou

5 Million, assuming I can retire at retirement age

Reject otherwise.

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Reject, based upon the "until you die" part of it. No amount of money worth it.

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You saved science, SuperNiceDog!
Congratulations to the Kentucky Wildcats, NCAA basketball champions!

oh I missed that

yeah this is a solid reject as I put in my other post

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What if you become sick or disabled? Especially if you are in your 90s?

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$3.5 million would allow for a decent life overall. Plus Oregon has the highest minimum there is ($8.80). But I could be a blackjack dealer or bartender forever and be fine with it (just don't accept tips).

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Viviff on the go! (or from the toilet)
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Then I'd do this easily for $2 million. It's such a win-win. I pay off this house, put a down payments on a Cali house for my parents, keep a couple hundred grand for expenses, and invest the rest in real estate as a passive partner. With only 20 hours of work to worry about, most of my time is freed up for whatever I want. I can go to the gym daily, get my Masters for the hell of it, have fun every damn night, and never have to worry about the pressures of a career. Hell, with a house paid off, 20 hours at a minimum wage job is enough to cover most monthly expenses here in Vegas, so my investment income will be gravy and I can live the good life forever.

Wait, until I DIE? Why can't I retire at 65?

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From: AdmiralZephyr | #027

What if you become sick or disabled? Especially if you are in your 90s?

Although I can't imagine any jobs right now, if there is a minimum wage job you're capable of taking, you must take it. If you can't walk anymore, you might be able to get some kind of stay at home job online or something that pays minimum wage, for example.

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Everything is overrated - <D
I would gladly take 90 whippings and be sentenced to 2 years in jail than have my account warned. - NotYou

From: ViviffTheMobile | Posted: 7/4/2012 11:58:30 AM | #028

$3.5 million would allow for a decent life overall. Plus Oregon has the highest minimum there is ($8.80). But I could be a blackjack dealer or bartender forever and be fine with it (just don't accept tips).

oh man

if I could just be a blackjack dealer for 20 hours a week until I died, I'd reconsider. But he said no guarantees :(

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From: PartOfYourWorld | #029

Wait, until I DIE? Why can't I retire at 65?

My interpretation of the nomination was that it would apply for your living life. There are a lot of people that work even after 65.

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multiple updates tomorrow or i will publicly admit that zachnorn is better than me -Sess/MRNICEWATCH
Posted 3/5/12, no more updates since...

Reject.

I aspire to be rich and famous. That would never happen with a minimum wage jobbety-job.

10 million

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Guru Taken Miraculously by SuperNiceDog

again, I don't want to accept this. Anything that is for the rest of your life I can see regretting 10 years down the road. But 10 million is hard to turn down!

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Boko United - Geriatric Titanium Mustache
Guru Taken Miraculously by SuperNiceDog

$10 million.

If it were up to 65, then I'd accept $5 million. Still, $10 million is more than enough to compensate for my terrible job, the wasted time and money in school trying to get a good job, and it can be used for investments to help with income. I'm hoping it would also be enough to compensate for inflation, but who knows how the economy will change.

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multiple updates tomorrow or i will publicly admit that zachnorn is better than me -Sess/MRNICEWATCH
Posted 3/5/12, no more updates since...

Could I use the up-front money to buy a bar and work part-time as a bouncer in my own bar for minimum wage? What options would I have in terms of profit from the bar that would still keep me within the terms and conditions of the scenario?

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Reject. Nothing is worth a bad job for life

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Mobile Chrono1219

The fact that we can get away with 20 hours a week makes this very enticing. If it was full-time I'd reject, but this still leaves 4 days off every week and sub-8-hour days when you do work if you can find a job with flexible enough hours.

So given that it still gives me over half of my time to be happy, I'll do it for $2 Million.

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Also my job of choice would be Pizza Delivery.

I would just give give all of my tip money to other employees on a rotating basis.

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Refuse.

My dream job isn't minimum wage and I'm terribly lazy so I couldn't really keep doing something that bores me the rest of my life.

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I'd consider rejecting because this locks me out of things I would consider doing in the future (running for office, writing for money, etc.), but then I realize that with enough money I could do those things in my massive amount of free time for free. Also, I think it's at least reasonable to believe that I'll make a decent amount of money in my eventual career, so I should offset that as well.

Hmm...$20 million.

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Reject.

I will have enough money in whatever I do, and having a minimum wage job for the rest of my life would lock me out of my passions and my life goals (becoming a professor and doing research). No amount of money is worth that.

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SuperNiceDog shoots the lights out

Yeah, the fact that it doesn't have to be 40 hours a week makes this much more enticing. I could handle 20 hours a week of a minimum wage job as long as I had enough money to where how much I make from work isn't an issue.

But yeah, not being able to do something you really enjoy because of this stipulation kinda sucks. So I don't think I could accept it.

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So... what happens if the concept of a minimum wage job is abolished?

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then you have to return all the money obv


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another place and time, without a great divide, and we could be flying deadly high

1.6M

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wait how does this interact with inflation

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