The wedding Industry in the United States is massive, with an expenditure of over 80 billion dollars in the 2 million plus wedding ceremonies that take place across the nation annually. Some of the amount is spent on one-off payments like location, décor and costumes, but a large portion is directed towards increasing the wealth of wedding planners. While the wedding planner salary is considerable, the job demands grit and determination, since these professionals have to learn to cope with the wild expectations of people who want them to deliver the greatest day of their life.
The work pays off, but what most people don’t know is that a top wedding planner salary in NYC can reach well over $120,000 per year. Considering that most people hope to be married only once, they are willing to spend as much as it takes to ensure that they realize their dream wedding. This translates to a high demand for wedding planners, which gives them the luxury to quote their own price.
Wedding Planner Job description salary
A wedding planner job description requires tact, creativity, organizational skills and communications skills, which enable them to inspire, support and advice the couple while planning for a seamless series of events that culminate in an extraordinary day for both family and friends.
So, what factors affect the wedding planner salary range?
1. Experience in the wedding industry
According to the United States Bureau of Labor Statistics (BLS), the average wedding planner salary is about $50,000 per annum, though the figure tends to increase with experience in the industry. For instance, wedding planners or professional event planners that have been in the wedding industry for more than five years have obvious...
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...the coordinator will make more money. Boston wedding planners are claimed to make the highest salaries, usually in excess of $100,000.
6. Size of the business
Another factor that influences wedding planner earnings is the size of the business. Your ability to comprehend the economic aspects and save money on expenses, budgeting and accounting will increase your demand and earnings. If there are multiple events on a weekend and you can only cater for one, then it means that your earning potential is inhibited. Top earners supplement their income by keeping a large inventory of wedding merchandize to hire to their clients. The type of services that you offer, between full-service planning and design and partial services, impacts your earnings. For a higher wedding planner salary package, strive to grow your business and provide all inclusive planning services.
Because each of these different positions requires a different level of education and experience, it is assumed that these positions will also come with different compensation options. Base pay will differ between the three levels of employees, beginning with the managers receiving the highest level of base pay (due to their higher level of education/experience) and salespeople will receive the lowest level of base pay. The physiotherapist and the kinesiologist will receive a base pay somewhere in between.
Paul Anderson Wedding Planners Inc. target population is the University of Indianapolis’s campus. Wedding planning is an area whit a lot of different opportunities and also the market where corporation is trying to provide high quality and outstanding support for wedding arrangements. The research dilemma that Paul Anderson Wedding Planners Inc. faces is how to make the wedding planning affordable for future newlyweds and their families and also how to attract new customers. Paul Anderson Wedding Planners Inc. needs to collect information and do outside research in order to optimize sales and provide wedding service at fairly price. Recent research shows that people complain about high prices on the wedding
To sum up, salary is important to consider before choosing a
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