Pay Rates

[admweld]

I was charging $45/hr in 1995,today i get $85/hr with travel in and out at the same rate.If they don,t like it go get some hack in a PU with a little 225amp welder and waste your money on slow productivity.Just my opinion you do what you like.

[Machinist]

I would say that an older welder only 5 years old would weld as much as a 2009 model,an old fellow said one time it's not how much you charge per hour,But How Much Work You Get Done In That HOUR....

[Rig Hand]

forgot about travel.

That is really up to you. I don't charge for travel if its a multiple or all day job. If I drive from my house to the job, and I'm their all day, then I don't charge travel unless its over 50 mile then $1 a mile after 50 miles. If I'm here at the shop and someone calls a 10:30 am and I have to stop working on one project and drive to another then I charge my hourly rate while driving and $1 a mile after 50 miles.

I don't charge for the first 50 miles because its 48 miles to the edge of Kansas city from my shop. You can charge more money and get more work in the KC area and I don't want customers using someone else because they save$50 on travel pay.

Its really up to you and your situation.

[Rig Hand]

I was just thinking tonight and with my portable machine after all my expenses I am making $10 hr. and Im charging $45hr. plus material and travel. I have looked at my competition rates and there getting $65+hr. The only diffrence is they have newer equimpent. My welder is a 2004 bobcat 250 and my torches are 2007 smith set and all my hand tools are replaced every two years. So I guess my question is what dose everyone else get for there time and travel and do yall think if I should go up in price. Thanks For all thoughts.

If your competiton is at 65 with the same basic equipment then yes you should already be at 65. Even if it only cost you 45 an hour. However if your competition is a fully stocked mech. rig or something to that affect and charging 65 then you might want to stay at 45 or 50 because you don't have as much to offer.

Your RPH is

Labor- how much you make
Overhead- equip., insurance, shop/truck payment, property tax, etc.,etc.
+ 10%

= your RPH

+comsumables
+materials
+sales tax

= invioce total

[m.k.swelding]

I was just thinking tonight and with my portable machine after all my expenses I am making $10 hr. and Im charging $45hr. plus material and travel. I have looked at my competition rates and there getting $65+hr. The only diffrence is they have newer equimpent. My welder is a 2004 bobcat 250 and my torches are 2007 smith set and all my hand tools are replaced every two years. So I guess my question is what dose everyone else get for there time and travel and do yall think if I should go up in price. Thanks For all thoughts.