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I don't think you can touch employee only health insurance for under $ 300 a head here. We don't offer it, because we use basically temps for labor and family and off duty firefighters for the rest.
Setting up your company budget to cover all your yearly expenses during your "working season" is needed to make sure you have an accurate direct labor and overhead cost.
Example:
My season begins in 2 weeks. We budget avaliable hours to work and bill from Feb 15 to Nov 30. That is what our hourly rate is based upon. I track hours needed to hours contracted and sold.
We met budget hours in 03. We also worked up until Dec 21, which gave us another $ 7,000 in clear net profit . We got snowed out for almost 2 weeks, but went back to work last week and are basically full time form here on out.
We could shut the doors on Nov 30, have the overheads paid through Feb and be fine.
Now for seasonal types of work, you can set up production based incentive and bonus programs with deferred payments until off season work. Just because you have 40 hours to bill does not mean you cannot have a program where you and the employee can bill out 45 to 50 hours and only work 40 and stay away from overtime. This builds a bonus pool that can be "banked" ( you earn interest on it) that can be paid out to supplement the employees un employment paymetns during layoff. Check with your state UE office on that one, but it works in some states.
That realized us another $ 8,000 in overhead free dollars and put the nursery well ahead of projection, and paid some debt down.
__________________
Dale Wiley - Owner / Project Manager
Western Sports Turf
Landscape Specialty Services
Wetland Restoration Nursery
Forest Grove, OR
503-357-7202 - Phone
503-359-9294 - Fax
Semper Fi
You know that on Judgement Day, all the gold and silver is gonna melt away ...
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