Paying an assistant. Hourly, fee or equity?

[Greg Scully]

We are trying to scale our flipping business and are looking to use a local person to handle the back end logistics, records keeping and general project management from the administrative side.  For those of you that use an assistant, how do you pay them?  Hourly, flat fee or equity?

Would something like 2% equity or $500 per project be reasonable?