How To Work Out Percentage Rate Of Company Revenue Eg Income To My Salary?

[kaw69]

Hi
I work as a sole employee along with my employer can anyone give me a percentage rate from what he gets from the product at face value minus my salary without other costs etc
I know there are are some other quite high costs to be taken in consideration but as a stand alone rate
The total income is £403200 per annum for this product and my salary is £30000 can you give me a % rate?
TIA

[Canary42]

(403200-30000)*100/403200=92.56%

[Maydup]

The employer is left with £373,200 which is 93.25% of the £403,200.

[Buenchico]

I'm not sure that I fully understand your question.

However £30,000 is 7.44% of £403,200 OR,
if you want your salary excluded from the base figure, £30,000 is 8.04% of (£403,200 - £30,000).

[Maydup]

Aww difference of opinion there.
My calculation was

(403200-30000)/403200*100 does in fact make 92.55%

Apologies

[Buenchico]

Ah, yes, I see that you want it the other way round. Like Canary, I make it 92.56%

[TonyV]

Take it you mean turnover of £403200, if so % is 0.8 that might seem quite small but turnover does equal profit. Lots of costs to be taken into account e.g. materials, Insurance, Van purchase and maintenance, etc, the list is almost endless, not least even forgetting your national insurance payments

[TonyV]

meant to say turnover does NOT equal profit

[kaw69]

So based on your calculations I am responsible for approx 7% of the production value.
Thanks for your time

[TonyV]

And mean to be 8 % ~ getting late lol

[kaw69]

Let me give it another way to simplify my request.
Without any other costs incurred at all.
My employer produces 1440000 units per annum @£0.28 per unit
My salary to produce these units is £30000 per annum so what is the cost per unit to produce?

[Ellipsis]

Your cost is about £0.02 per unit based purely on your salary. But you bring other cost such as employer's NI, training, heat, light, equipment, rent, etc etc.

[Maydup]

I'm confused now, is it in fact you or your employer who produces the items?

Eitherway, are you putting together a pitch for a pay rise? If so can you prove growth over the past year or two?

[fiction-factory]

If you arepitching for a pay rise I'm not sure this is the best route. The turnover may be large multiple of your salary but your employer may be making no profit at all on these items for all we know. The employer has presumeably made the investment in premises, equipment, marketing etc and bears the risks. He/she or the company may actually be in debt or pay him/herself anominal salry of less than yours.

Rather than trying to produce figures that you are may be unable to think on your feet about if challenged it may be better to highlight the improvements /special outcomes you have achieved- eg increased sales, improved efficiency, improved IT systems. You should also obtain details of the salries paid for comparable jobs. Think about how much you want- eg ask for 40K but be prepared to accept £35. What's the least you would accept? What if teh employer calls your bluff and says sorry, no increase, but the door is open if youw ant to leave.
Good luck. let us know how you get on