Pay techs to produce, not just to show up. Plug in your own quota and pay, see the exact bonus, effective hourly rate, and labor percentage.
THE EAGLE-EYE FORMULA
Bonus $/hr = (Weekly Production − Quota) ÷ Divisor Total Pay = Base Pay + Go-the-Distance + (Bonus $/hr × 40 hrs)
Book default: every $400 of production above quota = +$1/hr.
Bonus per hour
$0.00
Total weekly pay
$0
Effective $/hr
$0.00
Labor % of production
0%
PAY GOES UP, LABOR COST GOES DOWN
Effective $/hr Labor % of production
The relationship: the bonus is funded entirely by the extra gross above quota, not out of your pocket. More production means a bigger check for the tech, and a smaller labor percentage for the business. Both sides win as production climbs.
This is 1 of 4 free tools from Small Market, Big Profits. The full toolkit (pricing calculator, hiring scorecard, startup budget, and more) is available to the list.