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  1. #1

    Default What Should I charge people?

    So I am currently out of a job, but I have been very busy doing Fab jobs (design and build) and repairs for people. I am making decent money but I feel like I am WAY undercharging people (compared to local shop prices). What do you guys feel is a fair price for a freelance welder these days?

    (I have been charging about $20 an hour + cost of material, using ALL of my own gear/consumables)
    Last edited by AwesomeAlbert; 08-01-2013 at 01:10 PM.

  2. #2
    Join Date
    Sep 2005
    Location
    northern NJ
    Posts
    1,868

    Default

    If your happy with $20 an hour that's good then. How much did you make at your last job?

    Are you paying your own/family health insurance? Liability insurance? Putting away money to replace or upgrade equipment as needed? Paying your income taxes & your self employment taxes? Social security &/or retirement savings?

    Not trying to give you a hard time but the above items take a large percentage out of the hourly rate. If your just out for some quick cash while in between jobs I still think it's low at least for my area. The local day laborers by me get $125 to 150 per day.
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  3. #3
    Join Date
    Feb 2010
    Location
    YOUNGSTOWN, OHIO
    Posts
    172

    Default

    If you are only charging $20 an hour for your labor, consumables, and electricity/wear and tear of equipment and a whole slew of other things you haven't considered, then you are charging way too low.
    Shops around this area are at a MINIMUN $40 an hour. Some go to $60 an hour.
    Not sure where you are located, but $20 is way too low.
    Personally, my shop rate is $50 an hour + material for basic light fab and weld repair.
    JIM

    Owner Operator of JNT Mobile Welding & Repair LLC
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  4. #4

    Default

    I used to make $12 an hour, way underpaid... the shops around here charge a minimum in of $75/hr inhouse with a minimum of 2 hrs. The only other mobile welding service place charges $180/hr with a minimum of 2hrs. But I have all of my own gear and work out of my truck its, I'm currently not licensed but I am seeking employment.

  5. #5
    Join Date
    Sep 2005
    Location
    16919 Pole Rd. Brethren, MI 49619
    Posts
    4,412

    Default

    Charge just enough to give them a heart attack and not quite enough to kill them.

  6. #6
    Join Date
    Oct 2006
    Location
    Illinois
    Posts
    602

    Default

    Quote Originally Posted by Sberry View Post
    Charge just enough to give them a heart attack and not quite enough to kill them.
    That is a awesome statement !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  7. #7
    Join Date
    Aug 2004
    Location
    Milan Michigan
    Posts
    1,730

    Default

    you should be charging between $ 70.00 and 90.00 per hour.

  8. #8
    Join Date
    Feb 2010
    Location
    YOUNGSTOWN, OHIO
    Posts
    172

    Default

    Quote Originally Posted by AwesomeAlbert View Post
    I used to make $12 an hour, way underpaid... the shops around here charge a minimum in of $75/hr inhouse with a minimum of 2 hrs. The only other mobile welding service place charges $180/hr with a minimum of 2hrs. But I have all of my own gear and work out of my truck its, I'm currently not licensed but I am seeking employment.
    When I commented on the original post, I was under the impression that you were in a shop. If you are mobile, that changes everything.
    As the other posts have stated, you should be making MINIMUM $75 an hour with a one hour minimum, plus a service call (call out) fee, plus material. Here in my area, $100 an hour, one hour minimum, and $50 call out fee(or $1.50/mile) was what I charged and never did I have one person complain about the rate. If there is only one other mobile welding service out there, you should be charging as much or almost as much as them.
    As for the taxman, there are ways to play the game like the big boys do.
    If it is just you and your rig (outfitted of course), start-up cost is very minimal.
    And trust me when I tell you this, you can get your money back very quickly if you are business savvy.
    Last edited by jpence38; 08-02-2013 at 05:57 AM.
    JIM

    Owner Operator of JNT Mobile Welding & Repair LLC
    Millermatic 350P Aluma Pro
    Dynasty 200DX
    Maxstar 150 STL
    Trailblazer 302
    Suitecase 12RC
    Extreme 12VS
    Extreme 8VS
    Spoolmatic 30A
    Miller HF251D-1
    Passport Plus
    Spoolmate 100
    Hypertherm Powermax 45 and 85
    Ingersoll Rand Engine Driven Compressor
    Dake 75 ton H-Frame Press
    JD Squared Model 32 Bender
    Miller Digital Elite

  9. #9
    Join Date
    Sep 2012
    Location
    Coastal Maine, Coastal NC
    Posts
    23

    Default

    I was grumbling to my accountant about the tax I was going to have to pay on some transaction and his reply to me was "Yes, they will tax you but they never take all of it.....at least not yet." So, undercharging for you work is a pretty naive way of tax avoidance. Charge what you're worth and pay the tax you owe. Your accountant (you should have an accountant if you're in business) can help you over the rough spots and keep them from "taking it all."

  10. #10

    Default

    Most guys I know are in the $80.00 h/r range around the northern New Jersey range. I'm still at $70.00. I do know a couple of guys ay $50.00.

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