What are the real on costs?

[eggsarascal]

If you employ someone you pay for pretty much everything needed for the job. If you have someone on the books on £100/day, £12.50/hour, based on an 8 hour day. How much per day does it cost you to employ them full time on the books?

[monkeybusiness]

£150 plus

[eggsarascal]

5 minutes ago, monkeybusiness said:

£150 plus

Meaning if you pay someone on the books £100 you charge them out £250?, that sounds cheap.

[benedmonds]

1 minute ago, monkeybusiness said:

£150 plus

Depends on the position. Training can add lots.. also 

National insurance contributions

Pensions

Ppe and tools

Training

Holiday

Sick leave

Christmas party/Summer bbq

Insurance

Etc.. etc..

 

[monkeybusiness]

40 minutes ago, eggsarascal said:

Meaning if you pay someone on the books £100 you charge them out £250?, that sounds cheap.

?

[monkeybusiness]

40 minutes ago, benedmonds said:

Depends on the position. Training can add lots.. also 

National insurance contributions

Pensions

Ppe and tools

Training

Holiday

Sick leave

Christmas party/Summer bbq

Insurance

Etc.. etc..

 

As I said, £150 plus per day real costs for someone paid £100 per day on the books. 

[eggsarascal]

1 minute ago, monkeybusiness said:

?

Let's face it, you started it with £150, what's that mean?

 

Taking into account all the things Ben mentioned. Could you pay someone £100/day and charge them out at (what I presume you mean) £250 and still make a profit.

[dumper]

18 minutes ago, eggsarascal said:

Let's face it, you started it with £150, what's that mean?

 

Taking into account all the things Ben mentioned. Could you pay someone £100/day and charge them out at (what I presume you mean) £250 and still make a profit.

I pay my labour £125 day plus pay for phone, give him a van and all fuel he is paid sick days and holiday plus overtime I charge £275 per day for him he makes me money

[eggsarascal]

4 minutes ago, dumper said:

I pay my labour £125 day plus pay for phone, give him a van and all fuel he is paid sick days and holiday plus overtime I charge £275 per day for him he makes me money

Do you pay for any training and pay him for the days he's training, do you pay for his PPE?

[dumper]

Yes I pay training, i pay for his time training he has my credit card buys all his ppe,