When I was at my last class, I asked all of the students ‘right to
the point’, one simple question. “How much do you charge per hour for
labour fees?” I had one person say $12.50 and a few at $50.00, only 2
said $75.00 or $100.00.
I told them outright, anyone under the $50.00 bracket, you might
consider in 'Declaring Bankruptcy"! I used David Gellers note on
labour costs (Oct.6th) of $100-$125.00! “Good morning everyone, get
out your Abacus and start restructuring your labour & shop fees!”.
Why should you charge so little these days? It’s a crime when your
tools increase, health costs, & your Internet gadgets, taxes,
telephone fees, office/shop fees are climbing through the roof. To
say that you don’t think you should, maybe you should change careers,
plain & simple.
If a plumber comes to my door & hits me with $150.00 just for
ringing the door. My dentist says "Hi, (here is my bill for saying
Hi) another $195.00! Some of the latest students answers were almost
laughable, truthfully very sad! Lets now discuss setting fees. You are
going to set a Princess stone worth well over $12,000 and you are
thinking of charging only $30.00-40.00? If you have to spend over 30
minutes or even more, charge the customer over the $100.00 bracket,
not a penny less!!! How about “Bright-Cutting”, I’d charge them at
least $10.00 per stone. Do you know the cost of learning this skill?
The Onglette gravers, the skill involved in perfecting a smooth
cutting surface? If you even think of charging less, you are
definately loosing money. These are just a few of my thoughts &
observations while visiting your country.