Viewing a website which displayed the salary of coach Pat Summit, as a women's basketball coach for the University of Tennessee; I wanted to share it with you because it was quite interesting.
Coach Summit makes over a million dollars a year.
She does this by receiving her base pay of over 300 thousand dollars, as well as TV/radio gigs and many endorsements.
Coach Summit's bonuses:
1. 10 thousand for a Graduation Success Rate of 80 percent.
2. 15 thousand for cumulative team GPA of 2.75 or higher per academic year; 25 thousand for team APR of .925 or better.
3. 25 thousand for being named SEC Coach of the Year.
4. 50 thousand for national coach of the year.
5. 75 thousand for SEC regular-season or tournament championship.
6. 100 thousand for a Final Four appearance.
7. 250 thousand for winning a national championship.
Right now you might be thinking, "well damn, can I get paid like that?"
Exactly! That's what I thought too. It would seem that coaches, athletes, and entertainers, are paid handsomely for their basic jobs and for each individual duty!
She does this by receiving her base pay of over 300 thousand dollars, as well as TV/radio gigs and many endorsements.
Coach Summit's bonuses:
1. 10 thousand for a Graduation Success Rate of 80 percent.
2. 15 thousand for cumulative team GPA of 2.75 or higher per academic year; 25 thousand for team APR of .925 or better.
3. 25 thousand for being named SEC Coach of the Year.
4. 50 thousand for national coach of the year.
5. 75 thousand for SEC regular-season or tournament championship.
6. 100 thousand for a Final Four appearance.
7. 250 thousand for winning a national championship.
Right now you might be thinking, "well damn, can I get paid like that?"
Exactly! That's what I thought too. It would seem that coaches, athletes, and entertainers, are paid handsomely for their basic jobs and for each individual duty!
If you worked in a retail store as a cashier, you know that being a cashier isn't your only duty. You'd also have to be the rack fixer, box stocker, dressing room cleaner, and even add new displays in the window -- all for the same minimum wage amount. Working in a retail store you'll probably make between 5-7 dollars an hour tops.
Wouldn't it be great if Coach Summits' pay scale could apply to everyone?
This way the employee feels appreciated by the retail store, and can actually make a living wage. When people are not paid well it turns them off from the job, but if incentives are factored in there is a whole new outlook. Employers should adapt the method of quality pay for quality work. Instead, employers would rather hire the cheapest labor to save themselves more money. However, if employers adopted this kind of pay scale they'd have happier, faithful, and loyal employees.
Why is this pay scale good enough for the rich, but not good enough for regular working folks?
Wouldn't it be great if Coach Summits' pay scale could apply to everyone?
This way the employee feels appreciated by the retail store, and can actually make a living wage. When people are not paid well it turns them off from the job, but if incentives are factored in there is a whole new outlook. Employers should adapt the method of quality pay for quality work. Instead, employers would rather hire the cheapest labor to save themselves more money. However, if employers adopted this kind of pay scale they'd have happier, faithful, and loyal employees.
Why is this pay scale good enough for the rich, but not good enough for regular working folks?
The things that make you go hmmmmm...
2008 LA
2008 LA
