verap52•24d agoOG Member

Just realized my boss has been marking up materials 40% and pocketing the difference

Had a chat with a supplier last week at the counter in Phoenix. He let it slip what our shop rate for 5/8" firecode was. I've been invoicing clients at $18 a sheet but we're paying $12. Boss told me it was "standard markup for waste and delivery." 40% markup on top of labor? That's not standard, that's just greedy. Has anyone else caught their company doing stuff like this?

2 comments

2 Comments

noah_chen1724d ago

Opened a spreadsheet once thinking I'd find a 10% "convenience fee" and instead found out my boss was just calling it his "bonus from the universe.

perry.karen24d ago

Read a story like this on Reddit. Boss called it "manifestation money.