Episode 123

full
Published on:

29th May 2024

How Much Should You Pay A Tradesman?

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:

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About the Podcast

The Profitable Tradie Podcast
How to build a profitable Plumbing, Electrical or similar business that gives you the time, money and freedom to enjoy life.
Are you the owner of a Plumbing, Electrical, or similar service business and looking to increase your profits and regain your freedom?


If you answered yes to any of the above then follow/subscribe now, this is the podcast for you!

Presented by Tony Fraser-Jones and Phil Smith from Profitable Tradie. We dive into what it takes to build a profitable trades business that gives you the time and freedom you deserve.

We touch on topics like...
- How to hire decent tradespeople.
- What to do when clients don't pay their invoice.
- How to get around people beating me down on what I charge.
- Should I buy or lease my next van/truck?
- How to get my team to get off their phones and be motivated for work.
- The second easiest way to increase your profitability.

Along with sharing a ton of free resources so you can get started on what we're discussing right away!

We also talk with some of the world's most successful trades business owners and learn how they took their businesses from mediocre to multimillion.

In short. We don't know what we don't know.

Subscribe/follow now and join the global community of Profitable Tradie

About your host

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Tony Fraser Jones