$300 / 8 hours = $37.50/hour. If the guy is self-employed (and thus paying
both sides of the FICA tax), then taxes alone eat about 1/3 of that. Down to
$25 an hour already. Now subtract whatever he has to pay for insurance
(liability, health, disability). Just a guess here, but that probably leaves
him below $20 an hour.
Still think it's unreasonable?
Who laughs in the end may depend on how good a job you did... <g>
Doug Miller (alphageek at milmac dot com)
Or, if he does work 2000 hrs/year on average, that's only 75K gross --
certainly not an extravagant standard of living. Wonder what the OP
takes home and if that's too much (or maybe his work isn't "very
I'm retired. Life is structured. Living trusts, family trusts, LLCs. If I
need or want something, I just go put it on a credit card. The accountant
takes care of it. I'm conservative on spending, so the principal keeps
working. I avoid things that are wastes of money. As long as I don't get
stupid, the principal keeps snowballing.
Stupid like paying people $50 an hour to do monkey work. I saved about a
thousand on this job by my calculations. I saved $1400 on the drywall by
running off the stupid Mexicans someone had doing the work at an inflated
price and hiring an experienced rocker who is a retired friend of mine.
Paid him his asking price, and it was $1400 less than a contractor. All
together, saved a good bit on the project. Enough to do some substantial
upgrades, buy a new Nikon, and probably spend two weeks at Pueblo Bonito in
When I do choose to work at what I do, I earn between $50 and $200 an hour.
Notice I said earn and not charge? (I paid myself the $50 an hour the grunt
wanted to hang wallboard.) If it's real grunt work, I hire real grunts.
Drywall? Your original list only mentioned these procedures:
Hang six interior doors
Install baseboard in a 1,000 sf addition
Install door knobs and locks
Install door trim
Is this a different project you're talking about now, with the drywall?
For the simple reason that they need to make a living. While the
amount they charge may seem high, consider that it is their total
compensation package: Overhead (truck and tools), bookkeeping,
liability insurance, license, worker's comp, medical, vacation, sick
pay, etc. A good rule of thumb for a self employed person is that the
real take home is about half of the hourly rate--that is, a self
employed carpenter that is charging 30 bucks and hour is doing as well
as the guy making 15 bucks and hour at a regular job.
On the other had, judging from the tone of your post, they may have
smelled that you are a jerk and charged accordingly. That's what I
would have done.
Been there, done that, got the T shirt. Was a steel erection contractor.
And no, I wouldn't show up with a truck full of equipment and two men for
less than $800 a day. But we were doing REAL work requiring NDT and
industrial inspector's approval, and not using very simple hand tools to do
a VERY simple job that a teen ager could be taught in a week.
Jerk? Hardly. Just someone who can smell a rat. I'm a jerk for asking him
to come into my home, and do work for money? And then I'm a jerk for not
paying a lot of money for a little work?
If that's what you would have done, then you would have been sitting there
idle while your overhead motor was running ............ intake zero, outgo
passing sixty ........... just like he did. He preferred to stay at home
instead of work. Living a half assed life in a manufactured home on
relative's property, and getting unemployment about three months a year.
Driving a piece of shit truck, and living a underachiever life.
Whatever winds yer clock.
No, you're a jerk because you never had the intention of hiring the
guy in the first place.
For future reference, life is too short to work with crappy
materials. As another, more perspicacious poster mentioned, it's a
good idea to use your 'cost' savings to upgrade the materials.
Otherwise you're just a hack hacking on your own house.
There are two versions of "too high":
1) More than you wanted to pay
2) More than you think he should make.
The first is reasonable. It's an opinion. The second is vapor and can safely
be ignored. I'm not saying you claimed #2. I'm just pointing out that there
are multiple variables.
Why do you hang on my every post? Don't the up or down arrows work on your
computer? Are you drug or alcohol impaired, and possess no reading
First, you prattle on in the newsgroup to drag out the discussion where you
need not. Then, you get the sequence and facts screwed up. And what's this
with the e mail inviting me to the Interstate rest area men's room? If you
want to kick my ass, just meet at the west parking lot of the truck stop.
Sheesh. You and marson should get a room.
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