Yeah it’s a sunk cost fallacy. 91 days x 13 hours = 1,183 hours. Even assuming the manager is making $10 an hour they wouldn’t recoup the loss unless they found it early.
Ofc no manager makes $10/hour.
Let’s make some assumptions. just picking a retail place with firearms managers and i see cabela’s listed on glassdoor reporting $53-91k. Let’s go with the low end 53k. Let’s also assume 40 hours per week and the manager is doing no more than 20% unpaid hours, so 2080 salary hours + 208 “good worker” hours = 2288 total hours worked in a year. 53k salary / 2288 hours = $23/hour effective pay rate. That’s even before considering the benefits package
$10,000 item / $23 per hour = ~435 hours of real time footage before it is a guaranteed sunk cost. This means finding it within first ~37% of footage. Meanwhile 435 hours would effectively take the manager off the floor for a quarter of the year.
I didn’t need to do math to tell you that this is a task given to someone to make them quit. Manager did something else and this how the company decided to get rid of them.
It’s not the 10 grand. It’s that a gun was stolen. Someone who walks into a store and steals a gun is the kind of person you want to identify and track down. If we catch them stealing a gun on camera, we can follow them out of the store with the other cameras and grab a plate number from a car.
It happened on another occasion where we saw the gun being stolen in real-time. We were able to track them on camera and call the police with a plate number and have the gun recovered.
We didn’t physically stop them from stealing the gun because that’s the kind of syluspect who will start shooting, and half the customers would pull out their own handguns and “help” by putting more lead into the air.
I can’t imagine having someone watch 3 months x 13 hours of real-time security footage is worth the 10k, unless the insurance would pay his salary.
But now I know why stores sometimes have their most expensive stuff just sitting there in full view. It’s not just for the customers’ viewing.
Yeah it’s a sunk cost fallacy. 91 days x 13 hours = 1,183 hours. Even assuming the manager is making $10 an hour they wouldn’t recoup the loss unless they found it early.
Ofc no manager makes $10/hour.
Let’s make some assumptions. just picking a retail place with firearms managers and i see cabela’s listed on glassdoor reporting $53-91k. Let’s go with the low end 53k. Let’s also assume 40 hours per week and the manager is doing no more than 20% unpaid hours, so 2080 salary hours + 208 “good worker” hours = 2288 total hours worked in a year. 53k salary / 2288 hours = $23/hour effective pay rate. That’s even before considering the benefits package
$10,000 item / $23 per hour = ~435 hours of real time footage before it is a guaranteed sunk cost. This means finding it within first ~37% of footage. Meanwhile 435 hours would effectively take the manager off the floor for a quarter of the year.
I didn’t need to do math to tell you that this is a task given to someone to make them quit. Manager did something else and this how the company decided to get rid of them.
It’s not the 10 grand. It’s that a gun was stolen. Someone who walks into a store and steals a gun is the kind of person you want to identify and track down. If we catch them stealing a gun on camera, we can follow them out of the store with the other cameras and grab a plate number from a car.
It happened on another occasion where we saw the gun being stolen in real-time. We were able to track them on camera and call the police with a plate number and have the gun recovered.
We didn’t physically stop them from stealing the gun because that’s the kind of syluspect who will start shooting, and half the customers would pull out their own handguns and “help” by putting more lead into the air.