How much do YOU charge ?
Thread Starter
Joined: Nov 2000
Posts: 2,018
Likes: 73
From: Pewsey, UK
How much do YOU charge ?
I'm a lowly 250-ish hour CPL(H), R22/R44/B206 rated, and I've been trying to work out, in my head, a reasonable rate for my services to those companies who make use of me.
What are the going rates for someone like me ? I need to put together rates for one of the firms, and a three-tier scale seems appropriate - a basic hourly rate, and a 1/2 and full day rate.
I don't want to price myself out of work, and the firm I'm talking about doesn't take the piss, but on the other hand I would like to break even on about £2500 worth of flying, medicals and associated fees which I'll spend this year, which with a middling level of work should be doable.
BTW - offers of work gratefully received
What are the going rates for someone like me ? I need to put together rates for one of the firms, and a three-tier scale seems appropriate - a basic hourly rate, and a 1/2 and full day rate.
I don't want to price myself out of work, and the firm I'm talking about doesn't take the piss, but on the other hand I would like to break even on about £2500 worth of flying, medicals and associated fees which I'll spend this year, which with a middling level of work should be doable.
BTW - offers of work gratefully received
Joined: Aug 2000
Posts: 118
Likes: 0
From: England/Arizona
Well I am sure that lots will give different rates but anything less than £125 for a half day and £250 for a day and you are selling yourself short and taking work from others. Remember one day someone else will do it to you later.
Twin pilot £300 a day
IFR £350 a day
These would seem fairly fair but what do others think.
Twin pilot £300 a day
IFR £350 a day
These would seem fairly fair but what do others think.
Joined: Mar 2005
Posts: 3
Likes: 0
From: arizona, usa
125 L for a 250 hr pilot. Please don't give the boy high hopes.
We pay $27/hr (8 hr/day) with 1000 hrs.
No wonder UK is so expensive -paying a 250 hr pilot the US equivalent of $250/day!
good luck find ing someone to pay you that much for such little experience!
We pay $27/hr (8 hr/day) with 1000 hrs.
No wonder UK is so expensive -paying a 250 hr pilot the US equivalent of $250/day!
good luck find ing someone to pay you that much for such little experience!
Thread Starter
Joined: Nov 2000
Posts: 2,018
Likes: 73
From: Pewsey, UK
bell206:
It actually works out, at current exchange rates, at approximately $240 for a half day and $475 for a full day.
In the US, $216 a day may be the going rate, but of course youve got much lower costs.
It actually works out, at current exchange rates, at approximately $240 for a half day and $475 for a full day.
In the US, $216 a day may be the going rate, but of course youve got much lower costs.
Joined: Jun 2003
Posts: 166
Likes: 0
From: N2832W8100
We pay $27/hr (8 hr/day) with 1000 hrs
Well I hope your pilots treat your machines with the same disrespect that you treat them!
Letsby and Nr
Anything less then £250 per day for single engine turbine, and you are selling yourself short!
It may sound like a lot, but Its not as if you get a gig everyday, and the people paying for the machine are well able to afford that, no matter how much they hum and haw!
Joined: Jul 2000
Posts: 398
Likes: 0
From: UK
Agreed... I stopped freelancing about five years ago so you can add inflation to my figure. Should take you to around £250ish I suppose.
If you are going to freelance than make sure you operate as a 'Sole Trader'. Get a good accountant (his fee's are tax deductable) Ensure you defer your class 4 NI contributions and keep accurate mileage records. You should be able to get a nice tax rebate every year to offset your losses.
If you are going to freelance than make sure you operate as a 'Sole Trader'. Get a good accountant (his fee's are tax deductable) Ensure you defer your class 4 NI contributions and keep accurate mileage records. You should be able to get a nice tax rebate every year to offset your losses.
