IS MIKE ANDES CRAZY?! | P4P & HOW I IMPLEMENT IT

Do you offer your employees 'Pay For Performance' (P4P)? Think you may be 'TOO SMALL' of a company to do it? I thought so too until I watched a video by @Mike Andes and his Efficiency Score. We first need to make sure we are charging correctly, because if our prices are too low, it won't work. Based on his video (link below), I created a spreadsheet in Google Sheets with formulas that give me an Efficiency Score, my ACTUAL PER MAN HOUR RATE and I use that to determine the amount I pay Jordan. Anything above 75% efficiency, I add hours/minutes to his clocked in hours that day until I hit that 75% Efficiency Score, or as close to it without going under it.

If our Efficiency Score is at 85% and Jordan and I worked 5 total hours that day, I will add minutes to his clocked in time until our Efficiency Score reaches as close to 75% as I can without going under. Using that example, I added 0.6 hours to his 5, totaling 5.6 hours. So instead of making $135 ($27x5), he now makes $30.24/hour totaling $151.20 for the day (5 hours worked x $30.24).

In this video, I show that he made $47.06 on a Friday when he helped me fertilize! Our labor revenue for the day fertilizing was $2,310 and he made over $300 for 6.5 hours of work. He's happy. I am happy for the help and happy to pay him because he increases my revenue quite a bit.

What do you guys think? Would you be interested in me showing you my full Efficiency Score Calculator and would you possibly use it?

The video from Mike Andes that I base my Efficiency Score on:
https://www.youtube.com/watch?v=bEcPguymSzQ

Local to Denver, CO? Own a small lawn care business? Want to meet with other lawn care owners and talk numbers, strategy, services, and just build relationships and community? DM me on Instagram to get invited to our MONTHLY LAWN CARE ACCELERATOR MEETUP!
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Video Equipment:
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SmallRig Interview Microphone Handle
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Samsung NX1
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Edited in Adobe Premiere Pro and After Effects
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