Work and business, where income has doubled over the past six months out of the blue
Everyone is accustomed to the fact that prices are constantly growing, while salaries have remained at the same level for many for 10 years. There are minor indexations in certain areas, mainly in budgetary organizations. But there are types of activities where, against the background of rising prices, the level of income of companies and many of its employees also changes. And in some, it has doubled over the past six months.
First of all, this applies to those who sell building materials: fittings, lumber. Especially abroad. Here the growth was recorded twofold. The rest - from 15% to 50%. I affirm this as a specialist working in the sales of paints and varnishes. About the change in my income - information below.
The price for ferrous metal has doubled. During the season, the need for fittings, profiled sheets, etc. increase compared to the winter period. It is clear that the companies selling them have increased profits not only due to demand. There are managers working on a percentage of sales. The salaries of such specialists also doubled (if the management did not cut this%).
Growth graph of ferrous scrap. Scrap and non-ferrous metals reacted in the same way. All scrap collection points have doubled their gross margins. And they began to carry more metal to them. As they already say there: to whom the crisis - and to whom is the mother.
Lumber at the beginning of June was priced at 15-17 thousand. rub / m3. But there are examples where 20-25 thousand rubles / m3 are asked for it. At a purchase price of 5-7 thous. rub / m3 in round timber. Lumber has become scarce due to increased demand and restrictions in the logging industry. Those sawmills who brought the forest back in winter are covered in chocolate, as they say.
In Russia, there are huge, almost monopoly companies that extract and process natural ores: copper-nickel, titanium. Producers of aluminum. Mining gold, platinum, palladium in placers. These are Norilsk Nickel, Rusal, Rosszoloto, Russian Platinum and many others. Let's see how the prices for their polymetals have grown:
The growth was shown only for some non-ferrous and precious metals. Let the price level doubled not in six months, but in 1-1.5 years, the profits of these companies clearly increased 1.5-2 times. The company's profit is one thing, and the salaries in them are another. If someone who works in such extractive or processing industries has a salary doubled, write in the comments. It would be interesting to know.
Well, now, let's return (as promised) to my salary. The paint market has also reacted by increasing production. 15-30% depending on the group. But this is not due to an increase in demand. It is the same as last year. Suppliers of raw materials have increased the selling prices. For example, acrylic dispersion, ethylene glycol, etc. up to 50%.
Prices have gone up, but the percentage in my salary does not depend on the amount sold. It depends on the mass sold. And sales in kg remained the same. And the percentage to the salary is from the fulfillment of the sales plan for the group, and not from the gross sales. Such a clever scheme. Only the company is in the black.
The state also benefits from this increase in prices. Tax receipts to the budget are increasing. The government does not seek to respond to the explosive rise in prices for ferrous metal on the domestic market. Only six months later (at the end of June 2021), export duties were increased from 45 to 70 Euro per ton. Additional income to the budget here. But this could have been done before. And there is no guarantee that prices for rebar, for example, will decrease to last year's level.
Anyone in a business or workplace has recently increased their income or wages due to the increased demand for their products - write in the comments.
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