I am considering a 1099 training position with a local gym, what are the pros/cons & what are typical hourly rates you've seen?
I was offered a 1099 training opportunity at a local gym, but the LOW hourly rate suprised me (I know W2 trainers who make a higher hourly rate.) - also that there was an hourly rate for an indep contractor. There is the potential of earning 5% of sales, but as a 1099 there are no benefits and I have to add the gym as an additional insured on my policy. It seems that while I am taking on all the responsibility, the gym is making all the money - or am I missing something? Shouldn't it be more of a split? What kinds of hourly rates should be expected these days for contract trainers?
However, it seems to me, if you are new to training, exposure, exposure exposure, is what brings you clients. The additional insured COI is not an additional fee with Philadelphia Insurance Company so check with your provider.
Now that they're bringing me on, they have to change that to make it fair to everyone. (and they want to charge more, which they SHOULD, this is a valuable service!) In the end, I think it boils down to experience. People like me and the other independent contractor are going to charge a lot less than the other two trainers in the gym who have been doing the job for years and training contestants for competitive body building competitions.
In this economy, I would value quantity in clients. I wouldn't expect to pay more than 25 dollars per/hour with a personal trainer with the way things have been going. I think 100 dollars per month (4 weekly sessions) is about the limit to what the average American is willing or able to put toward personal training. Hopefully things will pick up, but until that happens, we too, have to roll with the punches.
The typical fee split reported by the 354 respondents that completed the survey was 60/40.
Melissa Rodriguez, MBA, CSCS