I apologize for the ramble.
I am starting to see that the rate just varies in the area you live in and how hard times are.
TheBayCompany, I understand what you are saying. What I am saying is that I figure in 20 percent of each job to go towards labor. A 10000 dollar job would mean 2000 in labor. The rest of the 8000 goes to pay the workmans comp, the insurance, the advertising, the materials and dumpster. Everything I need to stay in business from week to week. You also said it would take 3 guys 3 days but the job I have been referring to, 2 of my guys got it done in 46 hours of man time. Thats 23 hours a guy which means if you look at it that way, they both made a little more than 38 an hour. It doesnt come out to that because I pay by the square but I still say that is a good amount to make hourly. I also had 1750 for labor invested into this job. My gross profit on this job is no where near where you tend to believe it is. Its actually no more than 5 percent of the job. ( I am trying to put most of the money the company makes back into the company in order to be able to grow)
RooferJ, What is actually killing this industry is all the drug addict, alcoholic loser, high schol dropouts who dont care about the work they do and like to see how fast they can put on a bundle of shingles. Obviously youre smarter than that and thats why you have people working for you. I know it would be hard to find good quality people without a good pricetag comming along with them. I had no idea what a good fair price for a sub would be. Out of 41 one guys that I have hired in the past 3 years, 37 of them have been loser deadbeat drug addicts. The other 4 that are still working for me are getting paid probably better than they deserve. It is a hard business to be in as we all know.
From johnk and bushog it seems that they would not complain about making 875 dollars for either two long days of work or 3 short days so I guess I really dont understand why some feel okay about the price and some dont?
Like I have said, I never even thought about subbing before and have never wanted to but might have to in order to get these homes finished before snow. Thats why I am asking the questions. After going through a lot of paperwork stuff and looking at it and youre guys responses from all over the country I have gotten a lot better idea of how it works so thank you to you guys.
So my last question (for now) about it is this :
I know there are tons of people around this area dying for work, Should I hire more of them regularly and have the my current guys split apart and work with the new ones so I can eb assured they are doing it to my quality specifications? Would it be fair to them to hire them even though I know it may not last for them or would it be best to be honest right away and let them know that this is probably only temporary unless you really stand out?
Thanks all, Take Care.