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
For Trades & Contracting Business Owners Who Want More Profit, More Freedom, and Less Stress
If you run a plumbing, electrical, HVAC, or any other trades business and you’re tired of long hours, cash flow headaches, and pricing battles, this podcast is for you.



Join Tony Fraser-Jones and Phil Smith from Profitable Tradie as they break down straight-shooting strategies to help you make more money, work fewer hours, and get your business running smoothly—without the usual headaches.



We tackle the real challenges every trades business owner faces:
✔ How do I find and keep good techs when everyone is hiring?
✔ What do I do when customers don’t pay their invoices?
✔ How do I charge what I’m worth without getting undercut?
✔ Should I buy or lease my next truck or van?
✔ How do I get my crew to stop scrolling their phones and actually work?
✔ What’s the second easiest way to increase my profits? (The first is hitting play on this podcast!)



We also bring on some of the most successful trades business owners in the world—real people who’ve built multimillion-dollar companies—so you can learn exactly how they did it.



This isn’t just another business podcast. It’s your shortcut to building a highly profitable, well-oiled trades business that gives you more money and more freedom.



👉 Subscribe now and join thousands of tradies and contractors turning their businesses into profit machines.

About your host

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Tony Fraser Jones