Five reasons why this painter doesn’t do a “day rate”?
Sometimes customers ask me - what's your day rate? Turns out, we don't have one. And here are five reasons why:
1) We aren't one person. We have a team of subcontractors. We also have an office (of just one person, but still) and so, the daily wage of one of our workers (which varies according to skill and experience) is irrelevant to the estimates we provide.
2) Day rates work out bad for the client as it encourages contractors to work slower to earn more money.
3) A day rate implies that you are only paying us for our time, not the skills that we've studied and honed over many years.
4) Overheads - tax, accountants etc. We have to work all this into our quote. Yes the local self employed handyman will be cheaper at first, but there is a reason for this (and it is not that he is trying to do you a favour).
5) We know how to plan our work so that it is cost effective, efficient and high in quality. Sometimes clients think that they will be able to organise our time for us, but this is often just a laborious attempt by individuals who struggle with delegating.