The same is true with the last option for salon payment options: booth renting. Working as a booth rental stylist means that you pay a fee each week as a rent in return for using a station in a salon and the rest is yours to divvy up and use. The great thing about this is that without a salon taking up to 60% of your service dollars, the amount you actually earn on each service can go way up. But of course, with more freedom comes more responsibility and in this case, that comes in the form of doing your own taxes, supplying your own color and products, and carrying your own health, disability and liability insurance. If you can stay focused, create and follow a clear strategy to keep things organized and act responsibly with the money going in and out of your business account, the chance for success is huge. But it takes a large amount of discipline to succeed in this type of setup, so it’s helpful to know what you are getting into.
Benefits & Lifestyle Considerations
To be perfectly honest with you, I’ve not had much luck with benefits in this industry. I’ve worked for large international corporations, medium-sized local chains and small salons with less than 5 hairdressers and none of these has afforded me a great option for healthcare or benefit coverage. The only salon that I was ever eligible for benefits with, I found out five months into my “coverage” that my manager had not submitted the proper documentation originally. And I had in fact not been accruing any vacation or sick days and the healthcare coverage that I’d continued to inquire about had in fact never begun. I left the company two months later and never saw any benefits with them. Every other salon I worked for either intentionally kept my weekly hours around 25-30 so that benefit enrollment wasn’t allowed or they just simply didn’t offer any. Honestly, traditional benefits are quite a rarity in the industry.
However, when I chose this career, I wasn’t looking for paid vacations, sick days and dental coverage. I knew that I was trading a more traditional 9-5 path for one with more of what was important to me. One that would afford me the kind of lifestyle that I was looking for. I chose a career that allows me to create my own desired schedule, choose when and for how long to take vacation and allows me to chat with interesting and inspiring women all day. A career that means I never pay to have my hair cut and color done and that lets me trade services with all types of beauty pros for waxing, facials and nail services. A career that gives me the opportunity to become a business owner, teacher or manager. A career that I can develop while raising children at home or from an internationally renowned salon with my name on it. Simply stated, a career which I get to create and I always viewed that as the ultimate benefit anyway.
From here, I want to dive a little deeper into some questions I receive on a regular basis. Questions such as whether the industry is as full of drama as some people believe, how I tell a client when I am not a fan of what she wants to do with her hair and how I address dealing with a difficult customer. Since we are out of time for this week and I have a super fun Valentine’s love letter scheduled for next week, I’ll be answering these questions in a third and final part on my website. Please check it out and feel free to tweet @HairWithKate to ask questions or get feedback!