The price you will pay a private investigation agency for a hour of work usually varies between $40 to $100 and even more depending on the investigator prestige and the primarily on the job, because is one thing to spy on Mr Smith who is a regular person and another thing is to keep under observation some important company, so the risks that are evolved can increase drastically the job price and consequently the salary of a private investigator. There are a number of factors that determine how well paid a PI can get.
An approximative fee is $50 to $55 per hour, slide variations may appear depending on the company office, if it is a crowded area you can expect to pay up to $65 or contrary less than $40 if the area is at the peripheral of the city. Another element that can increase the paying bill is the good qualification the investigator has in the job domain. So the salary of a private investigator very much depends on having good connections at the local police or reference from previous clients.
A beginner in the business will earn no more than the minimum wage, but money can come fast if you are good in investigations. In such cases the salary of a private investigator usually begins at $25000 / year up to $75000 / year and according the job types. Usually agencies pay their hired detectives according to the number of worked hours, so if the company has many clients and you are free to work 10 hours a day, you will probably earn around $5000 monthly
On the other hand if the agency has little or no clients, then, working 10 15 hours per week won’t help you too much, and living from such a private investigator salary is not an option. Under the circumstances, a PI may go independent or work for two agencies at the same time. Another paying method is giving the employees a cut from the total sum the agency charges the client.
Some PIs (Private Investigators) pay to be in the business, they actually pay the investigation agencies to be associated with them, this so/called detectives are usually former law officers or people who have a degree in Investigation. The salary of such a private investigator is more of a fee. Many of these persons don’t realize at first that they pay more than they actually earn, this situation encourages the companies in charging lower prices than they would normally do.
Obviously, if you are planning to enter the investigation market just for the money, news is not so good, the salary of a private investigator very much depends on reference, qualification, partnership with an agency and so on. as There are also jobs risks present every day. But if you are really determined to become a PI, and you love seeing new situations every day than being a private investigator isn’t so bad at all.