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How Much Should You Pay A Tradesman?

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Manage episode 420816260 series 3311349
Content provided by Tony Fraser-Jones. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tony Fraser-Jones or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

How much should you pay your employees?

It’s not actually all that complicated.

But let’s get one thing clear.

There is no golden number.

For example, I could say that you should pay a new employee $41 per hour.

But that number is one I made up and more than likely isn’t the right figure for you.

But here’s the good news.

It’s not rocket science.

Every position for every business has that golden number.

A number which is high enough to attract the best workers to apply...

But low enough that there’s some good profit for your troubles.

The guys recorded a training on how to find out what that golden number is for you.

WHAT YOU’LL GAIN FROM LISTENING TO TODAY’S PODCAST:

  1. Learn how much you should advertise your roles for
  2. Find the amount which attracts the best employees
  3. Have confidence that your payroll is the amount it should be

LINKS MENTIONED IN THIS EPISODE:


Thanks for joining us this week. Want to subscribe to The Profitable Tradie Podcast? Have some feedback you’d like to share? Connect with us and leave us a review with a 5-star rating.


This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
  continue reading

130 episodes

Artwork
iconShare
 
Manage episode 420816260 series 3311349
Content provided by Tony Fraser-Jones. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tony Fraser-Jones or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

How much should you pay your employees?

It’s not actually all that complicated.

But let’s get one thing clear.

There is no golden number.

For example, I could say that you should pay a new employee $41 per hour.

But that number is one I made up and more than likely isn’t the right figure for you.

But here’s the good news.

It’s not rocket science.

Every position for every business has that golden number.

A number which is high enough to attract the best workers to apply...

But low enough that there’s some good profit for your troubles.

The guys recorded a training on how to find out what that golden number is for you.

WHAT YOU’LL GAIN FROM LISTENING TO TODAY’S PODCAST:

  1. Learn how much you should advertise your roles for
  2. Find the amount which attracts the best employees
  3. Have confidence that your payroll is the amount it should be

LINKS MENTIONED IN THIS EPISODE:


Thanks for joining us this week. Want to subscribe to The Profitable Tradie Podcast? Have some feedback you’d like to share? Connect with us and leave us a review with a 5-star rating.


This podcast uses the following third-party services for analysis:
Chartable - https://chartable.com/privacy
  continue reading

130 episodes

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