What is your hourly rate as a self employed electrician? (2023)

[oscar21]

<= This!

Should be one any sort of trade really, but what of ten p***** me off are folks objecting to £XX fee when they are on a decent salary and their employer is having to find that plus 100% overheads income to make it work.

Of course young people should be taught business sense, kids at school should be taught about money, finance and the like, they should be hit in the head with a board duster until they understand about compound interest rates.

But they won't, because if they did they wouldn't get into all sorts of high interest debts when they are older using up their working life making obscenely rich people even richer.

 

[nicebutdim]

Of course young people should be taught business sense, kids at school should be taught about money, finance and the like, they should be hit in the head with a board duster until they understand about compound interest rates.

But they won't, because if they did they wouldn't get into all sorts of high interest debts when they are older using up their working life making obscenely rich people even richer.

They could also avail of all manner of free resources and provide themselves with a beneficial education.

But they won't because stuffing one's face with fast food, while watching mindless nonsense is much easier, especially when it's accepted that all of life's woes are the fault of someone else.

The real education needed in the western world is one of personal responsibility.

 

[LukeD]

They could also avail of all manner of free resources and provide themselves with a beneficial education.

But they won't because stuffing one's face with fast food, while watching mindless nonsense is much easier, especially when it's accepted that all of life's woes are the fault of someone else.

The real education needed in the western world is one of personal responsibility.

Correct ..... there seems to be a great lack of it. I am 60 and have zero debt of any description .Some of my friends are so in debt its unreal .They own a house .I dont . They can lose it all far quicker than I can .they have this believe that debt is not a issue

 

[Risteard]

I have been banging on for years that ALL apprenticeships should tag on even a basic business course on the end of it for those who may want to go solo.

I certainly take your point, although if I'm honest when I was finishing my Apprenticeship I never had the intention of ever going out on my own. It was probably largely forced false Self-Employment which made the decision for me, where if you're being forced to register as Self-Employed to essentially be an employee without your statutory rights then I may as well become properly self-employed.

 

[nicebutdim]

Correct ..... there seems to be a great lack of it. I am 60 and have zero debt of any description .Some of my friends are so in debt its unreal .They own a house .I dont . They can lose it all far quicker than I can .they have this believe that debt is not a issue

Even best laid plans are prone to failure and people fall into debt for all manner of reasons, but I find it difficult to sympathise with people who complain about debt while failing to recognise their own extravagence.

I've been in debt once and learned some hard lessons about business, along with life in general. I don't plan on repeating that experience, but it's impossible to know what the future holds. The best we can do is plan ahead with a good measure of responsibility.

 

[baldelectrician]

I certainly take your point, although if I'm honest when I was finishing my Apprenticeship I never had the intention of ever going out on my own. It was probably largely forced false Self-Employment which made the decision for me, where if you're being forced to register as Self-Employed to essentially be an employee without your statutory rights then I may as well become properly self-employed.

Exact thing happened to me in 2003

The guy I worked for told all of us we had to go self employed.

Within 6 weeks I realised I could make double what he was paying by going on my own.

The first week his son called me on the way back from Port Patrick (just south of Stranraer) and asked me to go to Port Glasgow as I was about to reach my house on the A77. Told him NO

After his stunned silence I pointed out that if I said that 2 months ago he could have disciplined me but as I am now self employed I could pick and choose my own jobs

 

[richy3333]

Do any of you charge your hour rate from the moment you step into your vehicle? or do you have a traveling time rate?

I charge mileage on top of my hourly/day rate. I have to being in the Highlands. Local for me could easily be a round trip of 300+ miles! I rarely charge an hourly rate due to the distances involved.

Personally I think most electricians charge way too little when you look at other professions and the way the cost of living has increased so much. Over the last couple of years I have nearly doubled my rate and it has had zero effect on my workload.

 

[LukeD]

Exact thing happened to me in 2003

The guy I worked for told all of us we had to go self employed.

Within 6 weeks I realised I could make double what he was paying by going on my own.

The first week his son called me on the way back from Port Patrick (just south of Stranraer) and asked me to go to Port Glasgow as I was about to reach my house on the A77. Told him NO

After his stunned silence I pointed out that if I said that 2 months ago he could have disciplined me but as I am now self employed I could pick and choose my own jobs

I find this whole practise of people been forced to work for a company on a self employed basis a Joke and immoral .

 

[Dustydazzler]

I find this whole practise of people been forced to work for a company on a self employed basis a Joke and immoral .

Wasn't uncommon back in the day for firms to askpeople if they wanted to come off the cards and become subbies back to the firm.Happened to me and loads of blokes I knew back then.
In fact I remember one company I did work for being audited for having so many 'self employed; people working for them on a regualr basis.

 

[Mike Johnson]

The companies themselves are avoiding paying Income Tax and National Health contribution, holiday pay etc if found out the will end up in court, periodic checks are made of companies by HMRC.

A company I was consulting for had such a check together with other consultants, I was interviewed and only when I showed them the results of a VAT inspection and a list of my other clients was the investigation dropped.