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Is it Better to Price By the Job in the Trades or Work Hourly? Master Electrician Teaches Son

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Video by Hendy The Sparky

Hendy The Sparky

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This instructional guide, framed as advice from a Master Electrician Dad to his son, outlines a strategic approach for tradespeople to price their services. It emphasizes moving away from hourly rates towards job-based pricing, focusing on professionalism, efficiency, and delivering value to clients, rather than simply quoting time.

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but he's good. That's what you want to do. So, you want to make sure that you're competitively priced on the higher side. Okay? >> You don't want to ever rip anybody off. Okay? But you also want to show up wearing like you're wearing now. >> Yeah. >> You look good. You look like a tradesman. You look like an electrician. >> It's important to be comfortable >> where you could work, right? Charge the right amount. Come with the right tools. >> Okay? >> Right? And then you want to be efficient. You want to get these jobs done pretty much as fast as you can, >> okay? >> For the most amount of money. And that's why I don't recommend you working by the hour. >> Okay? So, charge by the job. >> Always charge by the job cuz when when someone asks you, "What's your hourly rate?" >> Yeah. >> Well, why do you want to know my hourly rate? It's what's the value I can give you. >> So, somebody asked me my hourly rate, what should I tell them? You you really have to say, "Well, ma'am, it's hard to say what our hourly rate is because it depends on the work that we're doing." I mean, hourly rate for us to run, say, you know, 4 in conduit pulling in 750 MCMs at 50 ft in the air, okay, is certainly going to be different than installing a residential receptacle on 142 cable. >> Yeah. >> So, we really don't work by the hourly rate. We work by the

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