I have heard many figures thrown around as to what is the going hourly rate for fine builders. and know that it is my time to generate a number I would like some neutral impute as to what other people are charging. thanks
Discussion Forum
Discussion Forum
Up Next
Video Shorts
Featured Story
The FHB podcast crew chats about whether or not coil stock on fascia and rake trim is necessary.
Featured Video
Video: Build a Fireplace, Brick by BrickRelated Stories
Highlights
"I have learned so much thanks to the searchable articles on the FHB website. I can confidently say that I expect to be a life-long subscriber." - M.K.
Replies
$2003.43 A HOUR
Any "fine builder" won't be thinking in terms of an hourly rate. That's basically a wage.
A builder is a businessman (or businesswoman), and they'll be (or should be) thinking in terms of an owner's draw and benefits, and company profit.
The owner's draw is the money the company pays the owner, in essence a salary. A businessperson or professional won't be thinking of salary in terms of an hourly pay rate, either. They'll be thinking of total monthly compensation including benefits like health care and dental plan, retirement plan, paid time off, etc.
I'm curious, why do you ask? Are you a homeowner trying to figure out what a contractor should be paid for a job based on time spent at a "per hour" rate? If so--well, there's a lot more to it than that.
Cliff