I am working as an independent contractor for a successful Home Inspection Business in Charleston SC. I am interested in getting some figures from you guys who have experience working as an independent contractor, or have employed one in the past, as to what the salary progression should be based on percentage of inspection costs.
Company pays for E&O insurance, software lease, and does scheduling for me.
I get paid either 45% or 50% depending on if it is overflow from main inspector, or if it is recurring business from my own networking.
I pay for gas, tools, wear and tear on vehicle, etc.
I pay for membership dues, and any other certification classes I want to take. (getting ready to take IR class)
I have approximately 60 or 70 inspections under my belt, and growing weekly. I am a lot of times traveling 60 + miles round trip for inspections, and am starting to think that I should be compensated a little more for inspections outside of a certain radius.
So, any info on what you guys think would be fair in terms of payment for experience would be helpful as we get closer to negotiations.
Is there an industry norm for where employers cap their split?