I admit I've moonlighted both illegally and legally.
When I moonlighted illegally I was in my late teens and early twenty's. I was working as an apprentice electrician and freinds and family would ask me to do electrical work for them. At the time I had no clue about licensing laws, insurance, etc. I had no idea that doing work for them and accepting money was illegal.
I was working plenty of hours and didn't need extra money and didn't really want to do these jobs but didn't know how to say no to freinds and family.
Had I known it was illegal and I could be fined I would've had a good exuse to not do the work for them.
I finally got tired of spending my free time doing side jobs for freinds and family so I eventually learned to just say no. It wasn't until later I found out about the fines and that it wasn't legal. They also didn't get the best job either. As an apprentice I thought I knew everything but in reallity I knew very little. Looking back on it I realize how many jobs I did that weren't code compliant.
I went to work as an industrial electrician at a manufacturing plant and after working a lot of overtime there I started to become dependent on this overtime when suddenly the cut out all overtime. I decided to start moonlighting to make up for the lack of overtime. This time I wanted it to be all legal so I got my masters license and then my contractors license and all the necessary insurance. I tried to price my jobs based on what it would cost me if I was in business full time. I paid myself a salary for office work and an hourly wage when working in the field as an electrician. I also factored in a profit as well.
I ran my business part time for about seven years before I felt I was ready to go at it full time. I thought I was completely prepared. There's nothing like actually doing it to find out just how hard it is. It's a lot different when you don't have other income to back you up and now have only yourself to rely upon.
It's not moonlighting that upsets me so much as the guys moonlighting and setting their prices so low. I just wish they would set their prices closer to what they would need to be if they were running a legit or full time business.
Why not set your prices based on what it would cost if you were actually in business for yourself full time?
You say you're moonlighting because you need the money. Wouldn't this help even more if your prices were higher?
The thing I have a problem with is when a customer thinks my price is too high because some moonlighter is giving him a price that's half of what mine is and the customer doesn't know the guys moonlighting and not doing it legally.
The customer assumes we're both licensed contractors working legally with the same insurance requirments. I always make sure the customer knows I'm licensed and insured but they never ask for proof. I'm sure if the customer thinks to ask the illegal moonlighter if he's licensed and insured he'll tell them he is.
The customer doesn't know he means he has a journeymans license and health insurance provided by his full time employer.
I've had people tell me the electrician they usually have do a job like this only charged $50 but he's too busy right now with his other job and doesn't have time to do it. They want to know why I'm charging them so much. I must be some kind of crook trying to take advantage of them.
I guess what I'm trying to say is if your going to moonlight why not charge as if you had the expenses of operating a legit or full time business. You'll make more money and if you decide to become legit or full time your prices will already be high enough to do so.
These people don't care about you all they care about is getting you to work for them at the lowest possible price.
You're selling them the most valuable thing you own. You're selling them your time. You only have so much of it to spend with your family doing things you enjoy.
How do you put a price on that?
How much would they be willing to sell you their time for?
Based on some of the pricing I see out there some people don't place much value on their time.
In my opinion the whole electrical industry is under priced and the customer is reaping the rewards at our expense.
Just because you can beat everyones price doesn't mean you should.