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What Factors Affect a Locksmith's Salary?

Article Details
  • Written By: YaShekia King
  • Edited By: E. E. Hubbard
  • Last Modified Date: 21 July 2017
  • Copyright Protected:
    2003-2017
    Conjecture Corporation
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Locksmiths are professionals who help people who have locked themselves out of homes or cars, and they also create new keys for customers. These individuals typically must complete one-year certificate programs to enter this field. A locksmith’s salary is dependent on whether the individual works for a small or large business as well as whether he or she earns sales commissions. In addition, levels of experience and the earning of certifications further dictate the type of income that a worker in this vocational area receives.

A major factor that affects a locksmith’s salary is the setting in which he or she works. Larger employers such as government institutions or big companies often cater to more customers and can afford to pay bigger wage amounts to employees in addition to providing benefits such as health care and sick leave. Smaller businesses in this industry take in less revenue and must provide smaller paychecks to workers.

An individual’s income in this industry also depends on his or her company’s compensation plan. For instance, at some businesses, a locksmith’s earnings are strictly based on salaries, or set amounts that he or she receives each year. At other companies, however, a locksmith’s salary is based on an established base amount in addition to sales commissions, which usually constitute a percentage of customers’ bills in an effort to reward these professionals for their labor.

The number of years of expertise that a person has in this field plays a role in his or her income level as well. If someone has only a year of experience, he or she can expect to earn a locksmith’s salary that is about four times less than that of a professional who has labored for more than 20 years. Companies usually want to reward more experienced employees with bigger salaries because their skills strongly contribute to the organizations’ success.

Earnings in this career area are additionally based on whether a person is certified. Professionals sometimes are required to be licensed, but typically do not have to pursue certification, both of which are obtained by passing exams. As a result, a person who earns voluntary certification will be more competitive in the job market and can demand a higher salary because he or she stands out from other job seekers. Having this type of credential positively influences a locksmith’s salary because it demonstrates to companies that the laborer is very qualified to perform in a job role in this career area.

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