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Smudger

  • Posts: 13459
Re: what is the real cost of employing
« Reply #20 on: February 02, 2014, 09:47:52 am »
What contract did you give your staff?

It's no good having them for 38 hr week if you only work for 20 hrs

Darran
Never argue with an idiot, they will only bring you down to their level, and beat you with experience

PAUL ERITH

Re: what is the real cost of employing
« Reply #21 on: February 02, 2014, 09:49:10 am »
We worked out the true cost of employing in my company, we use mostly one man/one van

mine was £19.70 plus vat per hour

Wages
NI
Van
Van depreciation
Equipment
Holiday pay
Diesel
Employer admin costs

Have a look at this free calculator
 http://www.accountingservicesforbusiness.co.uk/calculators1/true-cost-of-an-employee/

Thanks for the helpful post dave going from your calculations i don't think im far off in thinking that £100 per day is a minimum for the amount of work they must do before they turn a profit.

Paul

gary evans

  • Posts: 1242
Re: what is the real cost of employing
« Reply #22 on: February 02, 2014, 10:58:34 am »
Smudger. Yeh I know what you are saying, our work fluctuates a lot, i decided to carry them, but, not got no thanks so re-evaluating business. We are looking at some really good contracts at minute, where i would need staff. But i can only wait so long.

Just looked at your site Ithought it said Marham at first, I was there twice in the eighties for 2 years at a time.

Gary

Smudger

  • Posts: 13459
Re: what is the real cost of employing
« Reply #23 on: February 02, 2014, 03:24:55 pm »
Gary, Marham some way off, but no so far that we get regular 'dog fights' overhead here

Darran
Never argue with an idiot, they will only bring you down to their level, and beat you with experience

8weekly

Re: what is the real cost of employing
« Reply #24 on: February 02, 2014, 04:45:19 pm »
Hi Dave

Good post, I am interested in mine now. What is your pay. Hourly / Daily or Weekly.

I can see where my money difficulties come form, we are low on work & my pay percentage is above 50% regularly

Gary
If you are low on work, that is where your problem lies. You either need to get more work or sack employees.

gary evans

  • Posts: 1242
Re: what is the real cost of employing
« Reply #25 on: February 02, 2014, 07:55:00 pm »
yeh big decisions to make.

looking at options at minute.

Will look at Daves system tomorrow

Gary