Help: My Boss Wants to Rent My Personal Camera

Discussion in 'Professional Video Production' started by Justin Worsley, Oct 8, 2004.

  1. Hello All:

    My first time posting to this group, so apologies if I break any etiquette.

    Here's my deal:
    My boss wants to rent my personal Sony DCV-310 Digital 8 camera for simple
    promotional video segments for the company. (Background on me: I'm not a
    professional videographer by trade, but a multimedia designer who knows
    enough to edit simple several minute clips for web/interactive CD-ROM/kiosk
    usage. Think Premiere, After Effects and Director.)

    Every month or so as new products are available, I would shoot maybe a hour
    or two of raw footage of employees demonstrating them.

    What's a good way to charge usage of my personal equipment for business
    usage? By days used? Amount of footage shot? Hourly rate? (Just
    hardware usage. I'm already getting paid for being there obviously...)

    Thank you for everyone's input and time.


    Respectfully,

    Justin
    (If responding by email, please remove the "REMOVE" from my email address.)

    Background If Desired:
    My boss wanted to purchase a camera for the company, but decided not too
    because the camera would be used very infrequently (maybe a few days a month
    or a week or so every year) Add in the threat of being stolen (or
    "borrowed") by company personnel. From a financial stand point, it just
    wasn't worth it if he could rent mine when needed.
     
    Justin Worsley, Oct 8, 2004
    #1
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  2. Why not just look up the commercial rental rates for that camera (or
    equivalent)? Nobody can dispute basing your rates on the free-market
    rates in your region.

    Equipment is normally rented by the day, week, or month. Weekly rates are
    often equivalent to 3 or 4 days. And monthly rates are equivalent to 15-20
    days. ("quantity discount")
     
    Richard Crowley, Oct 8, 2004
    #2
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  3. Don't charge him a thing. Tell him you're happy to contribute to the
    company's image and profitability, just ask that the company's insurance
    give you a rider noting equipment is covered while being used for company
    business.

    The good will you generate will be worth much more than the few bucks you'd
    get.
    --Rocky
     
    Rocky LaRochelle, Oct 8, 2004
    #3
  4. An excelent point. Or base the rate on some fraction of the commercial
    rates in your region. It wouldn't hurt to know what the rate would be even
    if you charge nothing (just so your boss will know what he is getting.)
     
    Richard Crowley, Oct 8, 2004
    #4
  5. Justin Worsley

    quietguy Guest

    Thinking about income tax and such, perhaps make an arrangement for him
    to buy you a dozen tapes, wide angle lens, or lights etc. Tax
    deductable for him and a nice bonus for you, and goodwill all round

    David
     
    quietguy, Oct 12, 2004
    #5
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