[welshwindows]

cheers for that stu, being a seventeen year old myself there is no way a lad of my age will settle for 3.51 an hour. also i rekon young lads would be harder to hold on to,theyd just jump at the next job that offers a few pennies more.

[ronnie paton]

ok so im going to take the plunge and take on my first member of staff, how much do you guys pay your staff?

You could try and pay in biscuits!

Your basic biscuit for trainees, Rich Tea or Ginger nut etc

After training: Custard cream, bourbon biscuits

6 months later: Chocolate digestives or Hobnobs

1 year: Let them choose the biscuit of there choice.

 

You always seem to talk with a mouth full of biscuits so maybe that s what you get paid in

[Gaby P.]

 

[mci services]

cheers for that stu, being a seventeen year old myself there is no way a lad of my age will settle for 3.51 an hour. also i rekon young lads would be harder to hold on to,theyd just jump at the next job that offers a few pennies more.

yep know what you mean unemployment is high round my way and the 3.51 is just till they are up to speed with the right bonus scheme etc they then get more.
if you check with business link/your local council there may be schemes that dont cost you money

ive got a lad wages paid by the council for 6 months and as many courses paid for as i can get him through and they supply all his workwear and ppe

[cozy]

Similar schemes here Stu, best to check out all options before just employing and trying to run at full speed.

[Edge Clean]

WelshWindows, if you dont mind me asking, how much does your insurance company sting a 17 year old for van insurance?

[wizard]

A good rule of thumb is busuness cycles and this is use in many business that have labour as there main out going is to pay not more than 30% of there hourly rate thats income to staff.So the ration is 30% to staff costs, 33% to expences ( not including wages) and the rest to profit which equates to 37% You would also get that hourly rate if you are actively doing the work.Profit is a return on investment and being in business.

[Sean Dyer]

sounds like you'll have to move on to the cake pay scale if he's a big lad

Not tried cake scale, got any more info?


Welshwindows if you are averaging £18-19ph I wouldn’t take on any staff based on those figures. But if you have a plan good luck to you.

Many businesses employ on  much less, contract cleaning for instance... there are ways of spreading the cost of overheads, and making money by volume rather than highly inflated prices, contract cleaners would kill for margins like that and there costs are sometimes much more than wc

[welshwindows]

WelshWindows, if you dont mind me asking, how much does your insurance company sting a 17 year old for van insurance?

im working out of a clapped out escort van and managed to get the insurance down to 600 quid third party cover. hopefully moving up to a vivarotype van soon for wfp so insurance quotes should be interesting!

[cozy]

yes on the whole probably averaging about 20quid an hour, how much do rekon i should be taking in then?

Depends on how many hours of work do you have or intend to have.
What you decide to pay staff, how much it cost you to operate, how much you will need to expand and how much net profit you will be happy with.

Find out what your local competition at this level are charging.

How many "levels" has that SIMS business simulator programme have, that you use? He should just find out what other firms pay, and go from there?. Has your SIMS programme crashed, or which part of the tip should he follow? The first 2 lines , or the last line you typed? They contradict eachother, as they usually do when you give more than one line of brilliant advice.

Let's face it, the guy has done really well so far on his own, that means without taking any advice off anyone who hasn't got a proven track record.