Self-employed service professionals earn more than double employed professionals

Deciding whether to go self-employed is one of the biggest questions service professionals ask themselves. There are obvious pro’s and con’s, however many have made the transition in the UK, which has seen a steady rise in the number of self-employed people since 2001. In fact self-employed professionals now account for more than 15% of the UK’s workforce*.

This is why we decided to find out whether self-employed professionals get paid more than their employed counterparts.

The research we conducted took a few months to collect, and relied on more than 20,000 of our service professionals, across 11 of our biggest categories, filling out a financial questionnaire on what their salary was last year before tax. We compared all 20,000 salaries with the average salary for that profession according to the latest pre-tax data from the Office of National Statistics**.

Once we received all of the results, one thing held firm across every category: self-employed people earn significantly more. In fact, on average self-employed service professionals earn 103% more, or twice as much.

The sectors which we researched were: plumbers, electricians, personal trainers, builders, landscape gardeners, counsellors, cleaners, painter and decorators, photographers, private tutors and carpenters.

According to our findings, the profession which experiences the biggest increase in earnings when going self-employed is landscape gardening, with providers earning 198.9% more on average – almost four times as much. They are followed closely by carpenters, who’s salaries can increase by 185%  when they become self-employed, on average.

Builders also see a significant increase in earnings when working for themselves, with the average salary going up by around £47,120 a year. On top of this, counsellor’s salaries increase from £23,754 a year to £45,111, an increase of almost 90%.

Here is a full list of the percentage increase in earnings for each sector we looked at:

  1. Gardener – 198.9%
  2. Carpenter – 185.3%
  3. Builder – 181.3%
  4. Personal Trainers – 91.8%
  5. Counsellors – 90.4%
  6. Photographer – 78.2%
  7. Cleaner – 76.6%
  8. Electrician – 59.1%
  9. Painter/decorator – 57.4%
  10. Plumbers – 50.5%
  11. Private tutor – 39.2%

We also asked 5,000 of our self-employed professionals a few questions on their lifestyle since they started up on their own.

More than half (53%) said they work more hours as a self-employed pro, two thirds (65%) answered they feel more stressed and more than three quarters (77%) said they have more job satisfaction now they’re self-employed.

Kai Feller, Bark.com co-founder, said,

“At Bark we work with thousands of self-employed sole traders, and thought it would be interesting to see how much they earn a year, compared to their employed counterparts. The survey took a good couple of months, but was well worth the wait, because the results speak for themselves – being self-employed results in a much higher income. We were expecting them to earn more, but almost double on average is a huge increase.

“That being said being self-employed comes with a lot more work, responsibility and pressure more often than not, it’s definitely not a career choice to be taken lightly.”

*https://www.bbc.co.uk/news/business-44887623

**https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/earningsandworkinghours/bulletins/annualsurveyofhoursandearnings/2018

 

7 quirky ways to keep the kids entertained this summer

The school summer holidays are upon us – but while for some they spell a moment of blissful rest and relief, for those with young children, the very concept can seem daunting. After all, finding enough fun and exciting to activities to fill six weeks isn’t easy.

So what do you do when you’ve exhausted the obvious options – you’ve taken them to the beach, the swimming pool, you’ve tried clowns and magic shows and you can’t quite take any more Peppa Pig on repeat? Here are seven of our favourite, more unusual recommendations to make planning the summer holidays a breeze.

1. Build a tree house – have a lonely tree in your back garden? How about giving your children the chance to really go ape by building a tree house and letting their imaginations run wild. If you’re not quite as DIY-savvy as you’d like to be, there’s plenty a carpenter available on Bark.com to help turn your shrubs into a palace.

treehouse
© Copyright Paddy Griffin and licensed for reuse under this Creative Commons License

2. Watermelon smashing – the Japanese version of a piñata – but instead of whacking a donkey full of sweets, players are challenged to hit a watermelon while blindfolded until it explodes.A great, healthy summer treat with a dollop of messy fun for good measure.

Watermelon Smash

3. Arts and crafts with a difference – we’re used to picture collages and tissue paper flowers, but how about going a step further and trying out pottery classes or sewing lessons, allowing your children to create things that are more lasting and stand up to the wear and tear of use? We have some fantastic professionals listed on Bark.com, so check out who’s around in your local area.

4. Make snow ice creams – grated ice with a bit of syrup on top? So simple and easy to make, but perfect for joint-kitchen fun without the mess and stress – just watch your fingertips!

5. Hire a bouncy castle – kids and grown-ups love them too! Share the cost between friend and make a day of it – a couple of hours of bouncing and your children will be tuckered out and ready for a long nap, leaving the big kids free to open the wine and relax!

Bouncy Castle

6. Learn a language – the more exotic, the better, though if you’re planning any trips abroad in the near future, perhaps a language that coincides with the destination, allowing your children to take control of communication and show off their newly-developed skills.

7. Take on an international student during the summer months, international students flock to the UK for short summer courses in English, and local schools and colleges look to house them with local families. Why not give your kids someone new to get to know over the summer (and someone to help entertain them!). You can find loads of information over at UK Guests.

For more Bark.com top tips, why not check out our other blogs?

Like our suggestions? Have some of your own? Let us know if you have any unusual methods for keeping your children entertained during the long break!