What do you earn per hour on your farm ?

[Whitewalker]

After being offered some off farm work I calculated what I roughly earn per hour on farm.
I now am trying to work less hours for the most return , on a more focused basis than before. Am I a slow starter on this one . Always try to get best return for what I put in but now thinking on time input too.

 

[capfits]

BPS form oh about £20 000 per hour.

 

[MrNoo]

£958/month, hours worked depends on workload. Cheap aren't I!!!!

 

[Nearly]

 

[Yale]

 

[Kiwi Pete]

A bit embarrassing to work it out..
But if I took my budgeted drawings out of the farm business instead of leaving it in, it's a pretty good hourly rate!
I only work just under an hour per day on average over the year (bloody hobby farmers )

So, my hourly rate (in theory) is £60
My hourly rate (in practice) is about 10p.

Income-income all comes from contracting and advisory services, and whatever goes through the workshop.
I charge my time at about £14 for engineering + contract work (+GST) and £24+GST for accounting and financial/organic advice services.
Travel 55p/km.
The top ten inches, as they say...

 

[Grassman]

For most farmers it's very difficult to put a figure on it.
If you get a wage paid into a separate account makes things a bit clearer but who does?
But then there are all the other expenses that get paid by the farm. House , car, fuel, heating , water, electric, repairs, etc, etc.
Then personal time in working hours. Who was paying your time while you went to get the car Mot?

 

[Kiwi Pete]

For most farmers it's very difficult to put a figure on it.
If you get a wage paid into a separate account makes things a bit clearer but who does?
But then there are all the other expenses that get paid by the farm. House , car, fuel, heating , water, electric, repairs, etc, etc.
Then personal time in working hours. Who was paying your time while you went to get the car Mot?

"Internal Bartering"

 

[Poorbuthappy]

No doubt plenty of us are working for a seemingly low rate per hour, but the cost per hour of neglecting jobs could be much, much higher.

 

[colhonk]

79 pence.

 

[Nearly]

79 pence.

Have your union asked for an above inflation pay rise?

 

[AJR75]

When working the hourly rate out do you also include everything that the farm business would perhaps possibly pay for- vehicles, insurances, house etc etc as well as the cash in your back pocket every month. It's surprising how it can add up................

 

[Spud]

It depends wether we're talking about drawings divided by hours worked, or net worth increase (!) plus drawings divided by hours worked

 

[tepapa]

I would say Networth increase should be a return on investment. Its not directly linked to the farming operation

 

[wasted years]

I would say Networth increase should be a return on investment. Its not directly linked to the farming operation

If the farm is generating the increase in net worth then of course it is related to a farming operation.

 

[czechmate]

My wife and I combined on the farm earn a good yearly wage. Trouble is, our combined hours will be in excess of 8,000/year so a rubbish hourly rate (less than €10).
More disappointing, our profit will be less than the sub but being as it is largely coupled here, if we just stopped our operations then the sub would be much reduced.
I am just lucky to have spent so many years watching mig wire burn in the past to know when I am well off

 

[czechmate]

If the farm is generating the increase in net worth then of course it is related to a farming operation.

You can't measure it for real anyway until the day you sell

 

[tepapa]

If the farm is generating the increase in net worth then of course it is related to a farming operation.

I think it can distort the figures.
If the farm value is going up by £10/ hour but the beef and sheep your running are making nothing. Are you working for £10/hour or £0/hour. After all you could cease with the stock and do no work but still earn £10.

 

[Derrick Hughes]

IF you have eaten and played well and are 2p better off than this time last year then why worry about such formality

 

[colhonk]

If I had to pay myself the living wage per hours worked..........I would not be able to employ myself........ nor be able to afford to make myself redundantBut hey, I did work in the real world many decades ago and know money is not everything, some day I might find out if it is though.