Bella Framing Corp Bonus Structure
What makes our job experience greater than our competitors for employees?
OUR BONUS PROGRAM!!!
Unlike in other companies we have noticed many employee efforts are overlooked in a number of ways. At Bella Framing we implemented changes to ensure maximum acknowledgement of the efforts of each of our employees. this is done with a unique incentive program that bolsters worker reward into an advancement for each job they complete with a unique profit share system.
HOW DOES THE PROFIT SHARE SYSTEM WORK?
Only net profit is shared.
Net Profit =
- Contract price
- minus labor
- minus materials
- minus equipment
- minus insurance, WCB, permits, overhead
20% of that net profit goes into the Crew Profit Pool
Example
- Net profit on project: $100,000
- Crew pool (20%): $20,000
Each crew member earns points based on responsibility and impact.
Standard Point Structure
Role Points
Lead / Foreman 5 points
Journeyman Framer 4 points
Senior Carpenter 3 points
Intermediate Framer 2 points
Apprentice / Labourer 1 point
We are also fair enough to adjust points per job if someone takes on extra responsibility!
Performance Bonus Points (Has Cap)
Performance Factor Bonus Points
Project finished ahead of schedule +1
Zero deficiencies +1
Passed inspection first time +1
No safety violations +1
Material waste under target +1
Example Crew Calculation
Member Role BasePoints Bonus Total
Foreman Lead 5 +2 7
Journeyman JM 4 +1 5
Carpenter Senior 3 +1 4
Framer Interm 2 0 2
Labourer Apprentice 1 0 1
Total Points = 19
Pay Out Each Crew Member
Member Points Payout
Foreman 7 $7,368
Journeyman 5 $5,263
Senior Carpenter 4 $4,210
Intermediate 2 $2,105
Labourer 1 $1,053
Convert Points Into Dollars
Formula
Profit Pool ÷ Total Points = Value per Point
Example
$20,000 ÷ 19 = $1,052.63 per pointREADY TO BECOME ENROLLED?
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