Wedding planning services cost engaged couples thousands of dollars in the months leading up to the big day, but to many, the convenience of not having to handle every detail about their wedding is well worth the cost. Wedding planner salaries vary from year to year, and there are a number of factors that influence how much a wedding planner earns, such as experience and location.
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As with many consulting jobs, a wedding planner's experience will influence how much she can reasonably charge her clients as well as how many clients and what type of clients her business primarily consists of. The national average salary for wedding planners with 1-4 years of experience is between £13,000 and £26,000 per year. Wedding consultants with more experience may earn up to £46,800 per year. Additionally, if a wedding planner can find a niche such as destination weddings, she may be able to earn more based on her experience with that specific type of wedding.
How a wedding planner chooses to arrange her fee structure will affect how much she earns. Some wedding planners charge clients a flat fee while other event planners charge couples a percentage of the overall cost of the wedding. While flat fees can be convenient, that does mean a wedding planner must work with a certain number of weddings to reach their earning goals. Wedding planners who charge a percentage may have better earning power since they can seek fewer clients who want bigger, more extravagant weddings.
Size of Wedding/Budget
One of the key factors in how much a wedding planner earns per year is the size and extravagance of the weddings she plans. For instance, an event planner who generally works with couples who have small, intimate weddings and smaller budgets may make less per year doing 6 or 7 weddings than a wedding planner who coordinates three very large, expensive weddings. While some event planners base their fees on the number of guests attending, others take into consideration the overall budget of the couple and what type of wedding they are planning when providing estimates.
Services and Salary
The specific duties a wedding planner performs will also dictate her salary. Wedding planners can offer couples full service and plan the wedding from the engagement party through to the honeymoon, but sometimes couples only need assistance to coordinate the various vendors on the actual day of the wedding. Obviously, extensive planning assistance will cost more than basic one-day coordinating services, and wedding planners usually charge an hourly rate for these types of services. On average, wedding consultants receive an hourly rate anywhere from £5 to £16 per hour and a yearly salary of anywhere from £13,225 to £47,329 as of January 2011, according to PayScale.
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