5 Ways to Make More Money as an Electrician
- Take Continuing Education Classes.
- Start Your Own Business.
- Regularly Look for Other Employment Opportunities.
- Ask for a Promotion or Raise.
- Change Specialties.
What percentage of electricians are self employed?
Ten percent of electricians are self-employed and can set their own hours.
How much money can you make as a self employed electrician?
As a self-employed electrician you can earn more money. Currently (2014) rates for self-employed electricians are 13-17 GBP p/h, more in London. These rates can shoot up when there is something big going on. Rates of 20-30 GBP p/h are sometimes achievable (usually for short periods of time). You can keep more of your earned money.
What’s the problem with being a self employed electrician?
The key problem with being self-employed is evident when times are tough and jobs are hard to find: it can be really difficult to find work on a continuous basis. Sometimes the contract ends on Friday and it takes serious effort to find something for Monday. However, most self-employed electricians can afford to be out of work now and again.
Is it bad to be out of work as an electrician?
However, most self-employed electricians can afford to be out of work now and again. Sometimes they have a job that pays much more than the average, (usually due to overtime opportunities) and earn much more than normally, but other times they are out of work for a week or two. This can be very stressful if you have a family to support.
Is there a shortage of Electricians in UK?
It seems that, for skilled electrical contractors going self-employed, there is unlikely to be a shortage of work – with electricians allowed to continue working during the latest lockdown, 3 and contractors benefiting from a backlog of delayed construction projects and non-essential work in people’s homes. 2
