(The numbers and amounts used in this example are guides only)
New employees start at $75/day salary and split 10% of the gross profit for each job completed. After 6 months the salary jumps to $100/day plus the split.
If the average deck charge is $1,000, the average cost (including labor) is $450, leaving $550 gross profit per deck.
Assuming you complete 2 decks per day, $2,000 in deck charges, less $900 cost =$1,100. $1,100 less $110 (10% bonus) = $990 gross profit per day.
Weekly, the company grosses $10,000, less $4,500 costs less $550 in commission = $4,950 gross profit or 49.5% gross profit.
Each crew member earns $500 per week in salary plus $275 (1/2 of $550) = $775/week.
Exibit 1: Typical 2 man "woodie" trailer. Shown is 5'X8', also come in 5'X10' and 5'X12'.
Here is the catch: If there are any call backs for any reason, the crew has to return and correct the problem, thus, losing out twofold; 1. They are not paid any bonus for the time they spend rectifying the problem and; 2. They are not earning any bonus on the job they could be doing instead of correcting the problem.
The rest of the story: Every employee is a college graduate, or a college student. A long time ago I went directly to all the local colleges and inquired as to the policies concerning employment of the faculty members during the summer break. The faculty office allowed me to make up a flyer and they distributed it to every member of the faculty. The flyer outlined summer employment opportunities. Almost immediately, I had more prospective (well educated) employees than I could shake a stick at. I was able to hand pick the cream of the crop.
To make a long story short, as time passed the teachers/coaches recruited other teachers and college students and we had/have an endless parade of hard working employees. Remember, when a student or teacher or coach recruits someone, we place them together as a team initially. If they recommend someone and they do not perform, they do not earn the top bonus money. Needless to say, they are VERY careful to recommend only the best people.
Many of the college students who sign on for summer work remain on board as permanent employees. After all, you add in a couple or more high dollar cedar home restorations into the pot and they can earn in excess of $1000/week. We also have programs whereby we hold out an amount of money from their checks during the high paying months and return it to them in the form of matching funds during the lower paying months.
We collect as many job prospects our clients wish done (repair and restore wood furniture, painting, etc.) Basically any project that can be accomplished during the lower paying times. If you are looking for this kind of work, you would be suprised at what you can come up with.
I hope this helps. It will not happen overnight, however, It is THE KEY to forming and building a successful organization. YOU ARE YOUR PEOPLE !!!!!