Are Your Employees Actually Making You Money? How to Know

Are your employees actually making your contracting business money? Just because someone is busy, hardworking, and earning $30 an hour doesn’t mean they only COST you $30 an hour. Payroll taxes, workers’ comp, downtime, callbacks, rework, trucks, tools, benefits, and mistakes can dramatically change the real cost of an employee. In this episode of Profit Isn’t an Accident, Shannon Howard explains how contractors can evaluate whether their employees are actually helping the company produce profit. We’re talking about: • The TRUE cost of an employee • Revenue per labor hour • Estimated labor hours vs. actual hours • The hidden cost of callbacks and rework • How to measure employees who don’t directly generate revenue • Why a $4,000/month admin could actually make your company MORE profitable • How to tell when the employee isn’t the problem and your system is • Four simple questions to evaluate any position in your company You do NOT need 47 KPIs and another complicated spreadsheet. You need to know what your people cost, what their positions allow the business to produce, and whether the numbers actually work. Because adding employees doesn’t automatically grow your business. Adding the right people, at the right time, with the right numbers behind them does. If you own an HVAC, electrical, plumbing, construction, or service business and you’re tired of making decisions based on what you THINK you can afford, let’s look at the numbers together. 👉 Book a call with Denali Edge Consulting: www.denaliedgeconsulting.com/pas Subscribe to Profit Isn’t an Accident for practical conversations about profit, cash flow, hiring, pricing, and building a contracting business that doesn’t own you. Revenue feeds the ego. Profit feeds the family.