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First Employee

D&D

LawnSite Member
Location
CT
I am curious about the cost of hiring an employee... what is a fair hourly rate (somewhere in the $7-9/hr area, or am i way off?) also what is the total cost when you include workers comp insurance and payroll taxes (and anything else i am unaware of) If it matters, this business is located in Connecticut and the new hire would only be from May - November. Thanks for your help to those who reply... i have been a frequent visitor to the site but just registered today... good luck on achieving the goal of 2000 members!
 

HOMER

LawnSite Gold Member
Well come on in and get aquainted!!!!!!I asked my accountant what it would cost me based on a flat $200.00 a week salary and she told me it would cost an additional $24.00 in taxes. I can't remember the w/c figures but it would be based on your payroll. You can't factor in the cost of torn up equipment and lost accounts, well maybe you can, probably another 30%, due to some numbskull messing something up so be careful who you hire, at least make sure he has a pulse................thats a good start!

Homer
 

bobbygedd

LawnSite Fanatic
Location
NJ
someone told me a long time ago:u can hire a man worth $20 an hour, and only pay him $8, but he will still work like hes makin $20. on the other hand, u can hire a man worth $8, and pay him $20, and he will work like yur payin him $8. its hard to find someone with work ethic, and a pulse for any ammt of money, and as for myself, after the cut up mats, broken statues, broken windshields(someone forgot to tighten the edger blade properly), oh and the last guy who unclogged the chute(only problem is the blades were still engaged)im stayin solo, my mental health is very important to me. bobby
 

TJLC

LawnSite Bronze Member
Bobbygedd, you took the words right out of my mouth. I have had more than one occasion to expand and take on more work. I choose to stay solo. I see too many guys take on more than they can handle, then have to hire. From what I have seen down here the labor force in this type of field is not the best. I'm sure some guys out there will disagree with me. This just works for me.
 

Hardy Enterprises

LawnSite Member
Location
Vicksburg, MS
These are the numbers that I got from my insurance agents regarding an employee.

Liability insurance (1 million) - $19.71 per $1000 payroll

Workers comp. - $9.86 per $100 payroll


Jay

 

bobbygedd

LawnSite Fanatic
Location
NJ
yup, that was him, dont tell me u hired him too. ha ha
 
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