How much should a Foreman earn?

[Gray git]

Before I was self employed I was a team leader/forman for a company - £10.50 hr doing just under 30k a year, you do the maths of how many hrs we were expected to do! Often I'd be 1st in to prep last out as also drove the forwarder so slowest vehicle in the fleet.

An 8hr day was just not doable on most jobs else it'd be pushed into 2 with the travel involved.

I also had a phone all ppe and climbing kit allowance which was a fair 1 but could top it up if we wanted anything really fancy.

To me if what the op was offering localy I'd have been tempted to jump ship rather than take the risk of setting up on my own having a mortgage and family. Would I go back to being paye, not unless I had to.

Good luck in finding your man beech.

[doobin]

In my opinion and after 15years of running a firm and looking at figures if your wage bill for staff on site doing the work exceeds 30% of charge out rate, then you will not be making a reasonable profit margin on your turnover. May of course be different for smaller firms where boss working on site everyday, no office or premises etc.

 

This. Profit is not a dirty word.

[skyhuck]

Wow!!

So you expect that guy on £30K per year to generate £90K of revenue per year???

[beechwood]

Wow!!

So you expect that guy on £30K per year to generate £90K of revenue per year???

 

 

Well more like £100k to be honest but I would expect £55-60k of that to go on cost of sales/running costs/reinvestment etc

[beechwood]

Doesn't seem a bad offer, but there are always other things to consider. The arb world is a goldfish bowl and some companies have a reputation for one thing or another, not saying this is the case here, but if you have a reputation as a hard man to work for, or all your kit is crap or all your jobs are crap or whatever that could affect things.

 

Good staff are hard to find for sure, I prefer to train them up for managerial roles, I'd hate to have to bring in someone at that level.

 

RE the offer, don't give them an allowance, just get them a phone, same goes for PPE and climbing kit.

 

 

Some sound words here.

If I'm honest it's true I don't suffer fools lightly and I do have high standards but my kit is top notch and the works decent.

[Joe Newton]

Some sound words here.

If I'm honest it's true I don't suffer fools lightly and I do have high standards but my kit is top notch and the works decent.

 

 

If you pay well, for decent work, with decent gear you can afford high standards and shouldn't have to suffer fools. I'm based in Rugby, and what you're offering is above what I'd expect to earn round here. If I was closer I'd be tempted to apply on the lower end of what you're offering (due to having 3 years experience) with a view to proving myself worthy of the top end of what you're offering in around 18 months.

 

Thing is, I'm lucky to be working with a fantastic team. We get on well, are highly motivated and competitive, and we reap rewards from our productivity in the form of a profit sharing system. Sometimes there is more to a job than just money, and if I left I'd worry about sacrificing the enjoyment I get from my job for a few extra quid.

 

It seems that people who don't put money above all else are looked down upon here, but I guess each person has a different motivation.

[Tom D]

Wow!!

So you expect that guy on £30K per year to generate £90K of revenue per year???

 

 

That's about right Huck, I just worked out my wage bill is pretty much 1/3 of turnover, and I'm happy with that.

[5 shires]

That's about right Huck, I just worked out my wage bill is pretty much 1/3 of turnover, and I'm happy with that.

 

And if that's the case and you were self imployed you would have to go VAT REGISTERED.

[Mark Bolam]

Do you hear that Tom?

I'm afraid you will have to register....

 

 

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[skyhuck]

Do you hear that Tom?

I'm afraid you will have to register....

 

 

Sent from my iPhone using Arbtalk