In this video, I review how to implement a painter performance pay system.
Here’s the summary:
The Painter Performance Pay System is a bonus program that incentivizes painters to beat the budgeted hours on paint jobs to make you more profitable.
The way to implement this system is to the following:
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Do Estimates based on budgeted hours/production rates. A good way to do this is to use the PDCA production rates or PEP software.
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Give budgeted hours to painters for each job and hold them accountable.
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Track hours for employees by job and pay bonuses when painters BEAT the budget.
Download the Painter Performance Pay spreadsheet to use in your painting business.
2 Comments
Mar 26, 2020 6:16:56 PM
Morgan Ray - Hey Andy, thanks for the comment! I have a feeling that you're pretty cool, so I'd be happy to email those spreadsheets over to you! ;)
Feb 17, 2020 6:06:48 PM
Andrew Shaw - Hello, I love your site thank you for all the great content. Do you still provide all the spreadsheets? I cant find them anywhere.