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?
IDEA’s Fitness Industry Trends Compensation Survey contains a question that gathers this ratio. If you’re a member, you can access findings with this link:
The typical fee split reported by the 354 respondents that completed the survey was 60/40.