Sounds daft to me. I would always charge someone out at the rate I charge myself out, otherwise you may be undervaluing your business and not maximising profit.
I employ my wife and son ( who is now 18).
I charge them out at my rate ( there's a common theme running here now).
My wife works for me because she loves me(;-) and gets free exercise ( her wages come out of the final pot)....Dans paid well above the minimum wage for his age
yep can see where you guys are coming from and where to evolve things to,In reply to NMGS yep I am daft as a brush LOL
i charge halve my rate - depending on the job. as long as i get my full rate & life / jobs are easier. they do the hard work sometimes so im not knackered next day.
for raking bits up i try and use a min wage to save me doing that and charge cost.
i make a bit on bigger jobs/ it gets me work & gets jobs done in a day. (saving fuel cost sometimes)
horses - for courses as they say !
- I could be 'to cheap at times' , how do you know?
i get repeat work , i get paid end of job. clients happy , same staff are available.
if im not busy and im capable im happy to do jobs on my own.
How much are they worth to your customers?
If they do the same work as you, and you would expect the same standard of them - then they are worth as much as you are.
If they can't do the majority of your jobs, - but they do the jobs expected by your customers to the standard they expect, - they are worth as much.
So they should be charged as you charge for you
They should only be charged out at less, if they take 2ce as long to do a job than the customer would expect, - or if you are expecting the customer to accept a lower standard, - i.e if they are in a learning period.