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Advice from business owners who full time employ staff


swinny
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15 minutes ago, Ty Korrigan said:

Now I am back on my feet after the liquidation of my Ltd company, I once again turn my thoughts to expanding my empire.

However, a chill runs through my bones at the thought of employing some-one.

Here, in a country where employees have all the rights and even the Arc de Triomphe is not safe from vandalism by the angry masses the tax burden is at an all time high of 55.7% recuperated by the state.

Officially, an employee on the SMIC or minimum wage would cost me only 12.50euros per hour net for the wage element but once you climb up the wage scale the social charges levied on the employeur reach an eyewatering 66% up from around 48% 2 years ago.

Once you have taken an employees share of the fixed costs, tools, training, breakages, extra insurances, average sick days into account (Employeurs are to pay instead of the state) wasted time per hour (smokers, smartphone addicts and those who work less effectively without constant supervision) the actual cost is around 3 times the salary.

This effectively means that for small businesses on low margins, the boss is often just working to support the business and employee. Larger businesses being better insulated by state aid and incentives.

Letting an employee go exposes the employeur to punative charges.

I've looked at running a co-op style of arb business but this requires a minimum of 7 which represents at least 500k turnover. 

 Ooooh, I've given myself a headache thinking about it all...

    Stuart

 

buy yourself a bugnot and a panel van and track it in to gardens, can be a one man pallet destroying machine

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