Welcome Guest! The IOSH forums are a free resource to both members and non-members. Login or register to use them

Postings made by forum users are personal opinions. IOSH is not responsible for the content or accuracy of any of the information contained in forum postings. Please carefully consider any advice you receive.

Notification

Icon
Error

Options
Go to last post Go to first unread
firesafety101  
#1 Posted : 25 October 2012 11:59:26(UTC)
Rank: Super forum user
firesafety101

I had an call from an agency yesterday, I registered with them many years ago and have not heard from them until now?

They have a client who requires visits and reports, construction site/s, I know not where but I was asked for my hourly rate. I was asked if I would work for £12. an hour?

It is always difficult without knowing a lot more about the location, type of site, expenses payable etc. but I just mentioned between £30 and £40.

Anyway I was in a hurry just going out so said I would call back, that gave us both some time for thought.

When I did call back a few hours later I was told they had people willing to do the work for £20. an hour.

We left it that if I received further contact from them they would be prepared to pay my rate - I am not holding my breath!

JJ Prendergast  
#2 Posted : 25 October 2012 12:08:37(UTC)
Rank: Super forum user
JJ Prendergast

What you have to remember is that every £5h/r is about £9500 gross (based on 1920hrs per year worked)

£12/hr is pretty rubbish in my view.

I woulld suggest you work at a rate equivalent to a similar staff job

e.g. £40k = £19.23/hr, £50k = £24.04/hr etc etc

So the £20/hr you mention later is slightly better than a £40k salary.

Contract rates can vary widely depending upon the industry you are working in, location, how rare/common your skills are, how desperate both you are for work and the client is to fill the vacancy.

JJ Prendergast  
#3 Posted : 25 October 2012 12:27:22(UTC)
Rank: Super forum user
JJ Prendergast

Forgot to add, the previous figures are just for salary.

Any additional costs need to be added or or charged separately e.g. hotels, travel costs etc
JJ Prendergast  
#4 Posted : 25 October 2012 12:32:44(UTC)
Rank: Super forum user
JJ Prendergast

If you work via your own Ltd Company you also need to factor in for taxes you will have to pay - like Corporation Tax.

A rule of thumb that my accountants use (I work via my own Ltd Company) is for every £100 turnover, all taxes are about £26

i.e. Whatever hr rate you charge multiply by 0.74 to give you a rough estimate of your share of the doash!!
Users browsing this topic
Guest
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.