As A Startup, How Much Should I Pay Workers? - Jobs/Vacancies - Nairaland
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| As A Startup, How Much Should I Pay Workers? by hats: 1:47am On Sep 24, 2016 |
Hello, I will soon launch my online company but I've been thinking of how much to pay the following 1) Customer service 2) Tech Guy 3) Advertiser 4) Operations manager 5) Accountant Remember, we're just starting so paying huge sum of amount may not be possible as a startup. So how much do you think is decent enough to pay per month? 8 Likes 1 Share |
| Re: As A Startup, How Much Should I Pay Workers? by Nobody: 7:03am On Sep 24, 2016 |
pay to them what you think you can collect from someone else 33 Likes 1 Share |
| Re: As A Startup, How Much Should I Pay Workers? by Turks: 7:17am On Sep 24, 2016 |
Abeg drop link make I drop my CV  31 Likes 2 Shares |
| Re: As A Startup, How Much Should I Pay Workers? by obiaguna(m): 7:17am On Sep 24, 2016 |
I wonder what type of start up founder you are if you are coming here to ask strangers for the salary range to pay your staff. It's funny really. 90 Likes 1 Share |
| Re: As A Startup, How Much Should I Pay Workers? by Coldfeet(f): 7:17am On Sep 24, 2016 |
 1 Like 1 Share |
| Re: As A Startup, How Much Should I Pay Workers? by Lordtrillion(m): 7:18am On Sep 24, 2016 |
Can't tell, you're in the best position to know your company's capital, worth & income including what their Jobs entails. Put yourself in their shoes & ask yourself how much you'll want to be paid based on the Job. Since you're still starting up, I would advice you pay based on the percentage of profit from your Sales except you have loads of money to keep you going for the mean time  Nevertheless, I'd advice you merge some positions together since its still a startup instead of having different persons for each role. Don't forget you'll need to pay them every month whether you make Profit or Loss  14 Likes |
| Re: As A Startup, How Much Should I Pay Workers? by bigx(m): 7:19am On Sep 24, 2016 |
If you can't pay much why start with 5 people? A lot of the roles there can easily be merged for a few months till the business makes money to pay something reasonable. I know you want to start something that runs independent of you from the structure there but there's also no crime playing some of those roles too for the first few months as far as you have documented processes to hand them over as soon as you can afford. It keeps you in sync with your business and also let's you correct any deficiencies in your initial processes. 29 Likes |
| Re: As A Startup, How Much Should I Pay Workers? by telemapreye1(f): 7:19am On Sep 24, 2016 |
From 100k upwards 3 Likes 1 Share |
| Re: As A Startup, How Much Should I Pay Workers? by dominique(f): 7:19am On Sep 24, 2016 |
We don't know how much disposable cash you have available. Just pay tell them what you can afford to and explain to them that you're just starting out and their wages will improve once the business picks. 2 Likes |
| Re: As A Startup, How Much Should I Pay Workers? by Hadeyemy: 7:20am On Sep 24, 2016 |
obiaguna: 3 Likes |
| Re: As A Startup, How Much Should I Pay Workers? by dexpotter(m): 7:21am On Sep 24, 2016 |
Take a feasibility study and see what your likely returns will be, that should make u decide how much you should pay them. We can tell you how much when we don't know the likely returns of the biz. What ever the case pay to others what you would gladly receive. 4 Likes |
| Re: As A Startup, How Much Should I Pay Workers? by obontami: 7:21am On Sep 24, 2016 |
Turks:Sharp guy 1 Like |
| Re: As A Startup, How Much Should I Pay Workers? by kaen1317: 7:22am On Sep 24, 2016 |
Look at what's obtainable in your industry and pay them accordingly or a little bit lower as a start-up. Worker commitment is key to success in any business. |
| Re: As A Startup, How Much Should I Pay Workers? by erasergozy: 7:24am On Sep 24, 2016 |
Pay them what is obtainable in the industry, if you want to be the best do the best |
| Re: As A Startup, How Much Should I Pay Workers? by nonjebose(m): 7:25am On Sep 24, 2016 |
Do u really have a plan at all? Btw, how do you expect us to advise based on a sketchy info. Okay, sorry, pay them from #100k upwards or #50k downwards. You see, it is neither here nor there 5 Likes |
| Re: As A Startup, How Much Should I Pay Workers? by baconline(m): 7:25am On Sep 24, 2016 |
Make sure u have at least a year salary kept away before starting 5 Likes |
| Re: As A Startup, How Much Should I Pay Workers? by Techpaded(f): 7:25am On Sep 24, 2016 |
According to ur pocket. 1 Like |
| Re: As A Startup, How Much Should I Pay Workers? by Turks: 7:26am On Sep 24, 2016 |
No time. obontami: |
| Re: As A Startup, How Much Should I Pay Workers? by AuroraB(f): 7:26am On Sep 24, 2016 |
dominique:I didn't see Op excusing paying them well. Your latter assertion of 'paying them well when business picks' is uncalled for. Don't give this new entrepreneur this Nigerian -employer-mentality which we know too well, mbok  2 Likes |
| Re: As A Startup, How Much Should I Pay Workers? by Emu4life(m): 7:26am On Sep 24, 2016 |
Ask google |
| Re: As A Startup, How Much Should I Pay Workers? by kaboninc(m): 7:27am On Sep 24, 2016 |
hats: Do you have a Financial Plan? If you don't I can help you prepare one and from the forecast you can be able to know what's feasible. Shoot me a mail. My service is FREE! 2 Likes |
| Re: As A Startup, How Much Should I Pay Workers? by beautiful232(f): 7:30am On Sep 24, 2016 |
firstly, check out how much your monthly,weekly,and daily profit would be Then From they you will know how Much you can pay for the start not too low not too high when business grows you can add up to their salaries 2 Likes |
| Re: As A Startup, How Much Should I Pay Workers? by mysticgal(f): 7:30am On Sep 24, 2016 |
Op (hats) please could I apply for the position of an advertiser and how would I do so if possible. Thank you and a pleasant morning to you Ps kaboninc, the guy asking you to shoot him a mail is a professional in that field, trust me, the guy is good. So why not try him out  3 Likes |
| Re: As A Startup, How Much Should I Pay Workers? by bigx(m): 7:31am On Sep 24, 2016 |
kaboninc: Are you an accountant? |
| Re: As A Startup, How Much Should I Pay Workers? by AuroraB(f): 7:32am On Sep 24, 2016 |
baconline:Correct!!! Most start-ups dunno this. Like someone said before now, merge a few positions. I dunno your location, woulda suggest the Head, Operations man the Customer service unit for now. There isn't too many staff yet for him to manage 3 Likes 1 Share |
| Re: As A Startup, How Much Should I Pay Workers? by kaboninc(m): 7:33am On Sep 24, 2016 |
bigx: Aspiring to be! |
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