Free check
Can I afford another stylist?
Three numbers. You get what they need to bring in each week to be worth hiring, with KiwiSaver (3.5%), ACC and paid leave counted, because that's what a wage really costs you.
Not sure what they'd bring in? Start with what a stylist at their level books in a normal week. Nothing you type leaves this page.
They need to bring in a week
This is the quick version
Can I Afford to Hire? works out the whole thing.
- The weeks while their book fills, and the cash you need on hand to carry them
- Product, retail and your running costs, so you see what they really add
- The week they pay for themselves, and what year one and year two look like
General information, not financial or employment advice. Counts 4 weeks of annual leave and 12 public holidays, paid but not worked. The 40% and 50% lines are our starting points, not an official standard.