And the results are in!
How do event production companies charge their clients for labor? Find out below (Note: respondents were asked to check all that apply).
In the “Other” category, 23% of those were Day Rates, 12% said Flat Fee, 10% added DT after 16 hours/day, 6% said Holiday DT or OT and 8% said Straight Time. A few of the interesting responses in the “Other” group include:
- We bill clients by the hour. OT rates are charged for hours worked before 8am or after 5pm + all day Saturday. We also charge double time on Sundays or Holidays.
- We also bill for travel time when we need to fly-in specialized technicians (ex. E2, Spyder etc.).
- Our crew must get 1 hr walk-away lunch which we also charge customers for.
- 4 hour minimum + 15% admin fee.
- Our billing of labor is client-centric as we have a large number of legacy customers who are set in their ways.
- We follow union labor laws.
- We bill a higher amount for our per day rate if we think it will be over 10 hours in the quoting process.
It is clear that most Event Production companies charge their customers with varying tactics. In fact, on average, companies had 2.63 different ways for charging their clients for labor. That being said, we do see several commonalities in these results with 54% of organizations charging overtime after 10 hours/day and 49% billing call minimums, among others.
Make sure to request a demo to see first-hand how LASSO’s real-time analytics and other robust features can give you more control of not only your labor workflows, but also your costs.