You’re planning that meeting or conference and have been tasked with finding the perfect keynote speaker: someone who is funny and engaging, can get the audience interested and wanting to participate, and ideally has experience in the industry or professional role comprising the audience. But a burning question that always comes up when seeking out a talented keynote speaker is, “How much will it cost?”
The answer is that it ultimately depends.
There are many factors that go into a professional keynote speaker’s fees, such as the following:
- Level of renown. If the speaker isn’t very well-known, you can retain them for less money than a speaker that has an established reputation. A fairly renowned speaker that has a following can expect at least $5,000-10,000 for their time while an industry thought leader or literal household name can expect in the upwards of $10,000-$25,000 to keynote a major conference or multinational corporation’s meeting.
Celebrity speakers cost $50,000-$100,000 or more.
- Location. Travel factors into speaking fees. You will either have to raise the fee to accommodate the speaker’s travel requirements, or also pay for travel in addition to the fee itself.
- Personal factors set by the speaker. The keynote speaker may set a minimum speaking fee based on the value of their time, needing childcare, or other priorities. They may also demand certain accommodations upon booking such as first-class airfare and/or a meals and incidentals allowance in addition to the speaking fee.
- The size and purpose of the event. Very small conferences and events for non-profits and educational institutions may merit a small speaking fee ($1,500-$4,000) given their purpose. Large conferences and corporate meetings can be anywhere from $7,500-$25,000.
Keeping the above factors in mind will help you decide how much to budget for a keynote speaker, and what attributes to consider with both choosing a keynote speaker and the location, size, and scope of your event. A keynote speaker with less experience who lives locally will cost less, but you may want to get a household name who will draw huge amounts of attendees.
Mike Hourigan is KeynoteSpeaker for established companies, organizations and events throughout the United States and Europe.
To find out how Keynote Speaker Mike can help your company,
call 704-875-3030, 888-PRO-KEYNOTE fill out the form below: