What to pay helper? - Page 2

Originally Posted by scrappy187

ok so what would you guys pay as a finders fee the guy is good at finding some vehicles. i'm trying to be fair.

In the world as I know it the rule of thumb on finders fees start at 10% in one case I put a deal together for a scrap yard in BC that did not result in a finders fee but an extended frienship.

The deal resulted in that yard acquiring a regular bi weekly pick ups of scrap aluminum cuttings from shear cropping from a trailer manufacture, I knew that we were moving and this did not fit into my plans so I passed it forward.



Now that I live in Manitoba I still reap the rewards from that deal where I'm able to send samples through the mail for an XRF analysis and have the results emailed back to me.

Most would say thats peanuts, yes on the surface it would appear as such. But you have to take into consideration the whole picture then ask yourself who have the majority of the scrap industry cornered, I assure you it's not the Swed's from where my ancestry originates from.

In time you will discover that the old yards are indirectly all related through blood or marriages., if you make a yard friend on the West Coast this will be extended to the East Coast.

On our job sites we pay 15.00 and hour but I expect them to work. That is me picking them up in the morning and dropping them back home that night. USually work 12+hr a day this time of year. All they do for me is prep and load hand stuff. I run the equiptment. Sometimes they get paid to sit but when they work I expect them to work and not screw off. At thata money and terms we went through 10+ helpers last year. Somen never made it a day. I have them sign a sub contractors agreement so the IRS is happy.