WorkshopChris
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- Messages
- 5,049
- Location
- South East Essex
I always look at it as you are not paying me for the hour to do the job its for the equipment and experience that allows me to do that hours job.
I always look at it as you are not paying me for the hour to do the job its for the equipment and experience that allows me to do that hours job.
So a man working for minimum wage is good because he can hang doors and undertake other work for minimum wage earners.It's a good job that some folk can hang doors etc for little money otherwise the minimum wage people and some pensioners would struggle.
I always look at it as you are not paying me for the hour to do the job its for the equipment and experience that allows me to do that hours job.
Came up on my suggested videos as well - the weird YouTube algorithmThis video came up on my suggested,
Found it quite intresting,
A friend of mine keeps all his account books in the microwave, what does that mean ?
A friend of mine keeps all his account books in the microwave, what does that mean ?
A friend of mine keeps all his account books in the microwave, what does that mean ?
.Equipment/workshop, consumables, travel and labour I know a guy that itemises all these on his invoices and it makes his daywork rate seem very reasonable. Creative invoicing can be key to a businesses success, all too often the small things are overlooked or not charged out because everyone is too busy flapping around.
Bob
In my previous job it was really highlighted how much money can disappear on overheads, OK this was for a company with >80k employees but it highlights how much little things can add up. In a company that size they do pay attention to everything because it all adds up quickly - it's those things that small companies / self employed people tend to overlook. Equally it's some of those items that the smaller company doesn't need to fund so there's a saving.
I used be charged out in the region of £800 - £1000 per day (8h day), what I actually cost the company was more in the region of £150-£180 per day. That included salary, benefits, heating, air consumption (yup, because part of the time I worked in a basement which had extra oxygen circulating), electricity for computers etc. About the time I quit things had just got to the point where over 50% of the charge-out rate was used up by overheads. Things like paying the accountants, senior management, cleaners and so on - things that were required but not directly attributable to a particular project.
..and that’s the BIG problem with medium to large businesses. Too many people that don't produce anything. They have no value other than their salary. All the while telling people lower down how to to do job, they have no idea about.
Not completely true but not completely false either...and that’s the BIG problem with medium to large businesses. Too many people that don't produce anything. They have no value other than their salary. All the while telling people lower down how to to do job, they have no idea about.
He's cooking the books.
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Will take picture of our list
My boss charges 4p per plastic glove, I’d love to know what he charges the customer for my day rate