Article
How to set up and run your own business part . 4
(1) Type the company and its location
(2) Create a new business or purchase
(3) Purchase of raw materials
(4) Employees and payment for them
(5) Sales of products
(6) Summary
How to set up and run your own business part . 4 with 6
Employees and payment for them
Once you have someone to work for you. Other guides suggest that the first employee should be the owner, but in my opinion, if you do not give a good job only then work in your company. Hire others as only then will you will earn more than the average worker. The self-employment tax and more specifically it's minimization is the key here. If you worked for some other company and earned 22.00 PKR, after paying the tax you will have 20.00 PKR (approx), you can hire yourself 1.00 PKR and will earn 21.00 PKR. Like this you save 1.90 PKR (Instead 1.00 PKR you pay 0.10 as tax and save 1.90 PLN).
However, when you start a business be sure to look at it seperately without being disturbed. It is better to treat it as a separate "thing" - safer that way.
If you bought the comapny then it probably has a lot of employees. Check what are their ES, salary, productivity etc.
My citizen → Companies → select the company and find the link view workers productivity. When you click on it you will open a table with the list of employees, the amount of
production and work day. Once you have a look at it, you might see someone who hasn't worked for days, don't force them to work daily as that will slow down the overall production as it falsifies the results and might confuse you whenever you are calculating the profits.
Worker productivity depends on the productivity of the company (see Part 1 of this guide), his economic skill and the work order also depends. The first employee in the company produces a product for 100% of its capabilities, but the second produces 96.67%, 93.33% for the third and so on. Production decreases by 3% for every employee you have, that means that the more workers you have the less the goods they produce, don't worry this won't be bad for the company as they will still produce enough goods to keep you in profit. If you have more than 30 active employees, the production of the workers coming in after them won't fall, but remains at the percentage of the previous worker.
Then fewer the employees, the more units they produce. Rates for employees are variable and must be verified daily. If you pay too little, they will leave. If too much, you will earn less, or go bankrupt and result in selling your company.
Most range salaries for employees of ES (economy skill - the Economic ability) = 1 will be from 8/14 PKR (mainly depends on the country's economy). Employing someone with ES = 1, you can expect that immediately after employment he/she will work but at the same time a large proportion of such workers abandon the game and will never work for you with higher ES.
Employing an employee of ES = 2, you can count on a long cooperation. Just remember that at the beginning the ES rises very quickly, so you often give a good raise to such staff. Best is to make a table where you record the amount of salary for employees with the appropriate ES. Create it on the basis of job offers in the Market → Jobs.
Lowering wages, understandably, is NEVER liked by the staff. Whenever you change the amount of the payment, the employee gets the message. If you decrease, he/she will immediately leave or will send you a message. Once you decrease the salary of an employee, start looking for another one with the same ES.
Note: Keep an eye on the currency you are paying. If you don't have the money to pay an employee, the employee an appropriate message and can quit the job. They mostly leave as soon as they receive the message and find another job.
An employee who works every day is precious. Respect him/her and pay a little more, so that you can easily predict the productivity of your business and can keep him/her for long-term.
While observing the job market, I have noticed that the job market doesn't have good rates before DC (Day Change - change of date, about midnight) but it's just an observation, so do not take this for seriously
End of Part Four.
The last part will be published soon
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[For Newcomers] How to setup and run your business (PART-3) (11 years ago)
Next article:
[For Newcomers] How to setup and run your business (PART-5) (11 years ago)
About the game:
USA as a world power? In E-Sim it is possible!
In E-Sim we have a huge, living world, which is a mirror copy of the Earth. Well, maybe not completely mirrored, because the balance of power in this virtual world looks a bit different than in real life. In E-Sim, USA does not have to be a world superpower, It can be efficiently managed as a much smaller country that has entrepreneurial citizens that support it's foundation. Everything depends on the players themselves and how they decide to shape the political map of the game.
Work for the good of your country and see it rise to an empire.
Activities in this game are divided into several modules. First is the economy as a citizen in a country of your choice you must work to earn money, which you will get to spend for example, on food or purchase of weapons which are critical for your progress as a fighter. You will work in either private companies which are owned by players or government companies which are owned by the state. After progressing in the game you will finally get the opportunity to set up your own business and hire other players. If it prospers, we can even change it into a joint-stock company and enter the stock market and get even more money in this way.
In E-Sim, international wars are nothing out of the ordinary.
Become an influential politician.
The second module is a politics. Just like in real life politics in E-Sim are an extremely powerful tool that can be used for your own purposes. From time to time there are elections in the game in which you will not only vote, but also have the ability to run for the head of the party you're in. You can also apply for congress, where once elected you will be given the right to vote on laws proposed by your fellow congress members or your president and propose laws yourself. Voting on laws is important for your country as it can shape the lives of those around you. You can also try to become the head of a given party, and even take part in presidential elections and decide on the shape of the foreign policy of a given state (for example, who to declare war on). Career in politics is obviously not easy and in order to succeed in it, you have to have a good plan and compete for the votes of voters.
You can go bankrupt or become a rich man while playing the stock market.
The international war.
The last and probably the most important module is military. In E-Sim, countries are constantly fighting each other for control over territories which in return grant them access to more valuable raw materials. For this purpose, they form alliances, they fight international wars, but they also have to deal with, for example, uprisings in conquered countries or civil wars, which may explode on their territory. You can also take part in these clashes, although you are also given the opportunity to lead a life as a pacifist who focuses on other activities in the game (for example, running a successful newspaper or selling products).
At the auction you can sell or buy your dream inventory.
E-Sim is a unique browser game. It's creators ensured realistic representation of the mechanisms present in the real world and gave all power to the players who shape the image of the virtual Earth according to their own. So come and join them and help your country achieve its full potential.
Invest, produce and sell - be an entrepreneur in E-Sim.
Take part in numerous events for the E-Sim community.
