Actually, I disagree: even great SP's will notice a drop in client levels in a situation that we're in (or getting into). It isn't the regular folks now who are taking a hit, it's the upper class as well.Rylan said:
Okay ladies - time for a reality check
- Thread starter drrogers
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You are right, which means that the great providers may not make as much, but they will still make enough to pay the bills. They make not go shopping all the time, or may have to put in some longer hours, but they don't need to reduce their rate. I haven't changed my opinion about that. So this debate is uselss. Move on......tboy said:
Sorry, I don't know a single company that says, sorry we are dropping your wage from $13.50/hour down to $10/hour, and if they did, you are a fucking idiot to stay with that company. Company loyalty? Please.....tboy said:
As for unions, we already disagree. It is not union mentality here. The ladies are not raising their rates. Well a couple are, but not across the board. Escorts and agencies didn't say, "well gas has jumped over the last year, so we are raising our rates for outside DT appointments." Providers are just not lowering their rates to bow down to those who can't afford it. Besides, a SP is going to want her fucking money, but it is not going to put the industry out of business now is it? Didn't think so..... So using your logic, you are wrong.
SOME businesses will do this for product based or contract service. High end business/service most likely will not. A lawyer is not reducing his hourly because we are going through a tough spot. A doctor is not lowering his. This is not a business of selling product. It is selling service. High end service. You can not compare apples to oranges here.tboy said:
Well I guess you can. You seem to do all the time, what do they call it? Tboy logic??? You are wrong in my opinion and my opinion is the only that matters to me. So I am done debating this pointless issue with you. Bottom line, great providers are still getting called and still making money, poor escorts will have a hard time and they should since they are not up to par but were charging par. Let them feel the struggle now for taking advantage of a good market before. Karma is a bitch.
Next!
Ah, there lies the truth of what our society has come down to. Take take take.
I was in a meeting with the President of CTC one time and he mentioned that in today's market, employees no longer stay with a company their whole lives/career. At one point most people joined a company out of high school and retired from that company. Now? People like Rylan switch jobs at the drop of a hat.....
As for hearing of a company that says "we're dropping your wage...", Alphaform Exhibits and Design. Now you've heard of one. Though they didn't say that exactly, what they did was reduce the number of days worked, yet didn't reduce the workload. In essence, they reduced the wage from 5 days pay to 4 days pay.
As for a Lawyer's hourly rate. Heck, I guess you only have dealt with the elite. I've had lawyers many times say to me: Ok, it normally would cost x amount to handle this situation, but I'll do it for y.
As for your doctor analogy, that's not really a fair example as we don't actually pay them, their rates are set by an external organization.
here's some further examples of businesses or individuals that have or do reduce or change their rates:
- ALL retail
- Auto mechanics
- Lawyers
- Chiropractors
- Massage Therapists
- Accountants
- Banks
- Cable, ISPs, Phone, Cellular (heck the most recent example is Rogers/Iphone)
- Transportation (airline, rail, car rentals, freight)
- Contractors
- Home Builders (while they may not actually reduce the selling price of the home they will include many upgrades to entice buyers)
- SP agencies (heck, check out the promos offerred in the advertiser's section). Now one could argue that a promotion doesn't count as "reducing their rates" but in actuality, it is specifically "reducing their rates" but under certain criteria.
I think most of us guys will do the smart thing and not go as crazy out there. However, there will probably be a few guys who are so addicted that they will keep on spending as usual anyways, like drug addicts. Unfortunately, these guys will run out of funds much faster than ever before given these times. I hope nobody here gets in such a rut. Have some control if you are prone to this. Hobbying is fun but it can become an addiction. Get some help if you are indeed addicted because times like these can run you over like a steam roller.
Companies can't easily do that, for reasons of labour law ("constructive dismissal"). So what companies do instead is eliminate the employees outright either by terminating them completley (most often) or cutting them to part time (less common).Rylan said:
Laid off / under employed workers then go looking for new work, and they generally are unable to find work at their previous salary. The lucky ones wind up re-employed elsewhere at a lower salary. The unlucky ones go onto EI, and then welfare.
So yes salaries do get reduced, just not in as pleasant a manner as having your boss lower your wage. Instead they get reduced through a painful process involving lay offs.
This is what counts--don't listen to anyone else. If your business is strong raise prices. If your business is weak then lower them. Only you know how your business is doing and there's no reason to do something just because of what someone wrote on a message board.
Note that the recession hasn't hit every day people yet--the financial sector has fallen off but employment is still strong. That will change.
When the stock and debt markets collapsed a LOT of people lost their jobs--they just don't know it yet.
It's up to the ladies what they charge, my business is not much at all and I am forcasting a pretty good 3-4 months coming up... lets all not over react please..
b d
b d
Is it possible that this discussion will never have a resolution because each agency has a different strategy, profit model and client base. Some will be smart and 'follow the money' which is different from one SP to the next. Some will not know how to handle an economic downturn and will make bad choices, this will result in their failure. There is no right solution for all agencies, if they all followed the same model they'd all have the same clients and would put each other out of business a long time ago.
Most people in this industry have not had to deal with a recession, in addition the vast majority do not have business degrees and training in how to deal with a general economic slowdown. This will affect how each agency and individual reacts, the smart ones will have a strategy in place to weather it and those that do not will either barely survive or go under.
There are many industries that are recession proof and not everyone will be hurting over the next few months/years.
If I look at one of TBoys examples Accountants I would say that a reduced rate is only half true. A CA that works on personal or small business tax is certainly going to see a reduction in business and they may opt to reduce fees in order to maintain a client base, they may instead decide to increase the value in services to maintain or increase their client base. This will depend on their personal strategy and profit model.
There are also a large number of accountants that are seeing an increase in business right now. If your corporation is hurting you seek the advice of your CA firm, if your company is losing a lot of money you may need restructuring or may go into receivership. Many CA's will see an increase in business, it all depends on what area of the sector they are servicing.
From personal experience I can say that some accountants see SP's, perhaps they and the others that can profit during a recession (mental health professionals ) will drive rates up instead or more likely they will keep the industry alive until others have landed on their feet and can continue to hobby at their previous level.
Most people in this industry have not had to deal with a recession, in addition the vast majority do not have business degrees and training in how to deal with a general economic slowdown. This will affect how each agency and individual reacts, the smart ones will have a strategy in place to weather it and those that do not will either barely survive or go under.
There are many industries that are recession proof and not everyone will be hurting over the next few months/years.
If I look at one of TBoys examples Accountants I would say that a reduced rate is only half true. A CA that works on personal or small business tax is certainly going to see a reduction in business and they may opt to reduce fees in order to maintain a client base, they may instead decide to increase the value in services to maintain or increase their client base. This will depend on their personal strategy and profit model.
There are also a large number of accountants that are seeing an increase in business right now. If your corporation is hurting you seek the advice of your CA firm, if your company is losing a lot of money you may need restructuring or may go into receivership. Many CA's will see an increase in business, it all depends on what area of the sector they are servicing.
From personal experience I can say that some accountants see SP's, perhaps they and the others that can profit during a recession (mental health professionals
) will drive rates up instead or more likely they will keep the industry alive until others have landed on their feet and can continue to hobby at their previous level.
What is being said about the 'good providers' is true. If they are good, they already have more business than they can handle anyway. In the coming months or year(s) they just might not have as much to choose from when filling their calendars.
Remember that the good girls usually have 2 or three times as much work as they are willing to take, when I was working I usually turned down two to three times as many people as I saw. My requests for appointments could have dropped 50% and I still would have been making just as much money.
As long as thos calendars are still being filled and the bills are still being paid at the rates that they are charging I doubt you will see much of a price break from the girls who deserve that kind of money.
Remember that the good girls usually have 2 or three times as much work as they are willing to take, when I was working I usually turned down two to three times as many people as I saw. My requests for appointments could have dropped 50% and I still would have been making just as much money.
As long as thos calendars are still being filled and the bills are still being paid at the rates that they are charging I doubt you will see much of a price break from the girls who deserve that kind of money.
B
burt-oh-my!
We have just ended a period when OVERALL (esp the Americans) people have lived at a higher standard of living than they earned, or produced. Accordingly, for maybe 5 - 10 years, we will have to live at a lower standard of living. i.e. wage growth less than inflation.
The question is, who will be the ones to bear the brunt of it? Will it be the EMPLOYED, via a reduction in real wages, or the unemployed - i.e. those MADE unemployed?
The worst thing to happen is that those employed, or in business for that matter, stubbornly maintain high prices, or continue to demand high wages, thus impoverishing themselves through lack of business
or jobs.
The question is, who will be the ones to bear the brunt of it? Will it be the EMPLOYED, via a reduction in real wages, or the unemployed - i.e. those MADE unemployed?
The worst thing to happen is that those employed, or in business for that matter, stubbornly maintain high prices, or continue to demand high wages, thus impoverishing themselves through lack of business
or jobs.
