First of all, congratulations on your new salon!!! This is always an exciting time. Unfortunately, it takes about 2 years for any business to get off the ground, and start profiting. I truely wish you success. I've seen your ad in the classifieds section, for those of you who would like to check it out, it sounds like a very relaxed atmosfere.
It would be unethical for anyone to scout out employees at other salons. It is rude and will give you a bad name. Those who said the pay is "crap" at Regis, probably is afraid of hard work. Every Regis salon is different, not all of them set a rediculously high quota for the stylist to meet in order to make commission, only some branches do, and some other companies. Others are quite easy.
I've worked at 50/50 salons, and if you don't have the clientel, then 50% of nothing is always nothing. Stylists have to have a large enough of a following to feel confident about not having a guaranteed wage. The insurance you could worry about once you have a full staff and the business is off the ground. Keep in mind though, that there will always be problems- those who will complain that there is not enough business, and those who will complain that there is too much. Sometimes these will be the same people lol.
My suggestion is that you offer a daily salary of lets say, $40-$50 a day, and the stylist has to double their salary to make commission. This is really not hard to do, and will attract the experienced stylists, and those who have a clientel, and will now have the newly added security. This will sweeten the pot a bit. Good luck, and keep us posted!