Saving is pointless

[tech/a]

This is the part that most employers seem to not understand, if you want good employees you need to pay a lot!! Good employees are not cheap nor should they be!! If you spent many years building your skills you expect fair compensation for them. But most business owners are too dumb to understand and will pay peanuts while continuing to complain about how hard it is to find good employees. Its not hard at all. If it seems hard it just means you are not paying enough (or your working conditions are bad). It really is that simple. Labour shortages are for the most part a myth.

In my field, Domestic Projects are at the low end $20k and High end $120K
People are very sensitive to price.
So are business owners.
Very small guys who are half-capable price projects often beyond their skill set.
They want to make $3k a week and pay young kids $30 an hour.
People like us who pay the big $ miss many decent projects because we have to
price higher to cover Wages /Work cover/Super/car allowances Payroll Tax, and
we need more projects to service more staff. It's a constant juggle.

Efficiencies/experience/equipment have to make up that deficit.

It's not that clear cut I'm afraid.
I wish it was as easy as pricing 60% on Gross and paying everyone $10 above the award.

 

[Value Hunter]

If you run a business and you pay dog **** wages because your customers are too price sensitive then at least be honest enough to not complain about struggling to find good employees.

I have previously been an employee in businesses with tradesman as the primary customer base and many times there would be conversations with regular customers going something like this "Its so hard to find good employees these days" "I have to babysit my guys", etc. And anytime I asked them how much they paid there guys inevitability they would be paying at least $10 - $15 per hour less than what the better paying companies in the industry were paying. And when I pointed this out to them the response was always along the lines of "I can't afford to pay that much" meanwhile the guy saying this owned a $100,000 car..... If you make the decision to hire idiots because they are cheaper then don't complain when they are incompetent. You get what you pay for.

 

[divs4ever]

This is the part that most employers seem to not understand, if you want good employees you need to pay a lot!! Good employees are not cheap nor should they be!! If you spent many years building your skills you expect fair compensation for them. But most business owners are too dumb to understand and will pay peanuts while continuing to complain about how hard it is to find good employees. Its not hard at all. If it seems hard it just means you are not paying enough (or your working conditions are bad). It really is that simple. Labour shortages are for the most part a myth.

sometimes to get/keep the good employees it isn't about the extra cash ( in the pay-packet ) , although that can help

a good culture , reasonably safe machinery ( that works as desired )

but your point is valid , excessive cost-cutting ( in whatever form in takes ) can impede productivity ( and your profits )

ANOTHER thing loyalty works both ways , promoting from outside the when capable staff are already on the payroll , if the employee sees the deserving get advanced ... chances are the team will work better , ( hoping for the next promotion )

some of the worst businesses i worked for had ( former ) accountants as middle managers ( all numbers and no staff appreciation )

 

[divs4ever]

In my field, Domestic Projects are at the low end $20k and High end $120K
People are very sensitive to price.
So are business owners.
Very small guys who are half-capable price projects often beyond their skill set.
They want to make $3k a week and pay young kids $30 an hour.
People like us who pay the big $ miss many decent projects because we have to
price higher to cover Wages /Work cover/Super/car allowances Payroll Tax, and
we need more projects to service more staff. It's a constant juggle.

Efficiencies/experience/equipment have to make up that deficit.

It's not that clear cut I'm afraid.
I wish it was as easy as pricing 60% on Gross and paying everyone $10 above the award.

yes ... but sometimes that cost efficiency comes by getting the task/product right the first time ( not going back for corrections/repairs and phone calls to disappointed customers )

 

[divs4ever]

If you run a business and you pay dog **** wages because your customers are too price sensitive then at least be honest enough to not complain about struggling to find good employees.

I have previously been an employee in businesses with tradesman as the primary customer base and many times there would be conversations with regular customers going something like this "Its so hard to find good employees these days" "I have to babysit my guys", etc. And anytime I asked them how much they paid there guys inevitability they would be paying at least $10 - $15 per hour less than what the better paying companies in the industry were paying. And when I pointed this out to them the response was always along the lines of "I can't afford to pay that much" meanwhile the guy saying this owned a $100,000 car..... If you make the decision to hire idiots because they are cheaper then don't complain when they are incompetent. You get what you pay for.

not quite that simple , some of the pre-vocation training is rather substandard .. so the new novice has a wonderful certificate/degree and little workplace experience , but yes IF you can retain the veteran staff and up-skill them as needed you will probably have a better outcome ( and better quality of new applicants )

 

[tech/a]

If you run a business and you pay dog **** wages because your customers are too price sensitive then at least be honest enough to not complain about struggling to find good employees.

I have previously been an employee in businesses with tradesman as the primary customer base and many times there would be conversations with regular customers going something like this "Its so hard to find good employees these days" "I have to babysit my guys", etc. And anytime I asked them how much they paid there guys inevitability they would be paying at least $10 - $15 per hour less than what the better paying companies in the industry were paying. And when I pointed this out to them the response was always along the lines of "I can't afford to pay that much" meanwhile the guy saying this owned a $100,000 car..... If you make the decision to hire idiots because they are cheaper then don't complain when they are incompetent. You get what you pay for.

Your right in some cases

I’ve found those who are price sensitive are at the lower end of the price spectrum

The high end have other considerations.

There will always be a diversification in all markets.