How Much is Your Time Worth?

[Justice44]

Hi Members,

Suppose you worked a full-time and part-time job that totaled 60 hours. There is a trusted company online that will offer you $100 per hour to compare prices of 15 computers online. You need to compare 15 computers per hour in order to get the full hourly wage and it is mandatory to invest 2 hours per day/7days a week in the activity. Lastly, you strongly believe that you can meet the standards. Would you accept this offer? If the wage is too low, please state the wage that would convince you to take this offer.

Unfortunately, this is a fictional scenario and I cannot provide this opportunity. But I think it measures how much people think their time is worth.

[Broken Arrow]

I curious as to where you're going with this. Personally, I'm always up for ways to make more money.

[Justice44]

Re: How Do You Feel About Your Job

I curious as to where you're going with this. Personally, I'm always up for ways to make more money.

Sorry dude, I am not adversting an opportunity on SavingADvice. It is a fictional scenario trying to measure how much people think their time is worth.

[am_vanquish]

My company bills its clients $260 for every hour I spend working on their projects. As if that isn't outrageous enough, I am at the bottom of the billing-rate schedule (graduated college last year). My supervisor charges $525 for every hour of work he performs.

I wish they paid me that much per hour!

I'm not sure that any of this applies to the question in your post ... but it definitely fits the thread title!

[arthurb999]

i would take the $100 per hour, 2 hours a day 7 days a week. Does it matter which hours or can you pick your own?

[Justice44]

Compare Wage of Full-Time Hourly Job

My company bills its clients $260 for every hour I spend working on their projects. As if that isn't outrageous enough, I am at the bottom of the billing-rate schedule (graduated college last year). My supervisor charges $525 for every hour of work he performs.

I wish they paid me that much per hour!

I'm not sure that any of this applies to the question in your post ... but it definitely fits the thread title!

My guess is that people who have very limited time will only accept opportunities that are signficantly more than the wage of their full-time job. For instance, if I made $30 per hour on my full-time job and had scarce time, this opportunity needs to offer me $60 per hour in order for it to be worth my time.

[Justice44]

RE: How Much Is Your Time Worth?

i would take the $100 per hour, 2 hours a day 7 days a week. Does it matter which hours or can you pick your own?

In this scenario, you could pick your own.

[Radiance]

Comparing computers is not a task I consider enjoyable at all, but If I was making 100/hr working 2 hours a day would be enough to live by, so I'll take it and quit my day job!!

[Justice44]

Money

Comparing computers is not a task I consider enjoyable at all, but If I was making 100/hr working 2 hours a day would be enough to live by, so I'll take it!!!

Money talks.

[Broken Arrow]

I am having a hard time figuring out why any company would pay anyone up to $100/hr just to "compare computers". Don't get me wrong. Surveys such as Pincone has been around and SA regulars here know all about that. For that matter, some such as DisneySteve do surveys that can pay even more, but requires specialized experience and background.

However, without revealing the details behind the sales pitch itself, it's hard to tell one way or another regarding the viability of this, even as a hypothetical scenario.

An extra $100/hr is always good for just about anybody. But that's also stating the obvious, and it's a sales pitch, not a business model. Instead, you should talk about the business operations behind it. That's what matters.

[Joan.of.the.Arch]

Are you asking what is our spare time, our non-wage earning time worth? Like--- what amount of pay could lure us to give it up when we are already working a lot of hours?

And you don't seriously think that $30/hour is very limited income do you? I know there are people on this forum who earn a lot more than that, but it is still above the national average.

[Radiance]

Justice, this opportunity would be offering me more than money. It would offer me TIME! Time for me and for my son, time to enjoy life, help others

If it was only about the money, I would take it but still work it 40 hours a week on it

[Radiance]

Are you asking what is our spare time, our non-wage earning time worth? Like--- what amount of pay could lure us to give it up when we are already working a lot of hours?

.

That would make no sense, why work 60 hours in something else if you can make 100/hr on this one?

[Joan.of.the.Arch]

Originally Posted by Joan.of.the.Arch View Post
Are you asking what is our spare time, our non-wage earning time worth? Like--- what amount of pay could lure us to give it up when we are already working a lot of hours?

.

That would make no sense, why work 60 hours in something else if you can make 100/hr on this one?

Yeah, that is why I'm not sure I was understanding the question.

[wincrasher]

obviously the pay is based on knowledge, not any actual physical labor. for that kind of money, I suspect you'd have to write up a technical report to go with your observations.

but more to the point, what your time is worth depends on when you are asked to provide it, isn't it?

during the business day, where you are foregoing your regular income?
in the evenings, where maybe you'd just be watching TV anyways?
or a weekend or holiday where you have family committments?

if it was a few hours in an evening, or on a saturday, I might consider working for such a paltry sum. but if there was the option to do my regular job for extra pay, then no.

would I give up family time on a holiday? no way!