Setting Up a Bonus Structure in Painting Comp.

[Yanezez]

Hello all,

Our painting/construction company is now passing through another scary phase where we don't have the capacity to oversee projects and at the same time keep up with prospect meetings. It's a good issue to have as our projects are increasing.

We are thinking of hiring a person, who will function as a worker (painting, etc) but his main mission is to manage different projects we currently have. As of now, 2-3 but maybe 3-5 different projects soon. We are thinking of a good base salary (slightly higher than the normal worker) but also a bonus structure. The bonus would be linked to making sure that all projects are finished on time, with no quality issues.

Has anyone implemented any bonus structure that can be replicated for this kind of business? The projects are of various lengths and prices.

One option I thought of is to simply not have any project overdue in the corresponding month. So if we have three projects, two of them finishing in December and one in January, he would trigger the December bonus as long as those two due to close in December do not have any time or quality issues.

Any other ideas?

cheers and thank you

 

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[Lou7]

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