Adopt Job-Based Pricing

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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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The dad strongly advises against charging by the hour and instead advocates for always charging by the job. When a client asks for an hourly rate, deflect by explaining that it's difficult to provide an hourly rate because the value and complexity of the work vary significantly. Emphasize that you work by the job, allowing for a comprehensive assessment of the scope and delivering a clear, upfront price.

Goal: Transition from hourly rates to job-based pricing for all services.

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>> 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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