BASIL NWACHUKWU posted a new question on 7/3/2009
Needs help on service fee chrges from my clients
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E T Responded on 9/30/2009
Well as I agree with somewhat of Mr. Cook, thats not entirely correct. The rate of pay is based on liability and risks. For instance I have personel that perform office duties and I have personel that performs light industrial work. Now my rates for my office personel are 30% to 35% over the actualy pay grade. My rates for the industrial plant workers is 40% to 55% over their pay grade. It depends on the risk, your insurance guidelines and ammenties you wish to include with your services. So its not based on a competitive rate per say but on risk and liabilities. My experiances stem from my business in the construction HR/ Personel service related industry for the past 15 years. General laborers tend to run residential for 15%, commercial 25% and industrial at 33%. I hope this helps.
