Lately, we have been slower than usual. Last year, my guys averaged 45-50 hours a week. Here lately, they are averaging 30-38 hours a week. The decreased hours (since all we do is service work) is very much like a roller coaster. I, as a business owner, hate to turn down work. I will strap on my own tools when necessary to pick up the slack when demand is high.
Now, my guys have conveyed that they need 40 hours to survive. I realize this as I once was an employee.
I checked the numbers. I would actually save over $4000 annually per employee by paying them salary. I am considering offering them salary as a way to satisfy their need of a consistent 40 hours.
What say you? Looking for feedback from both employees and business owners.
Now, my guys have conveyed that they need 40 hours to survive. I realize this as I once was an employee.
I checked the numbers. I would actually save over $4000 annually per employee by paying them salary. I am considering offering them salary as a way to satisfy their need of a consistent 40 hours.
What say you? Looking for feedback from both employees and business owners.