Skip to content

Three ways to manage rising field service costs

November 7, 2022


It’s no secret that rising costs continue to have a dramatic impact on the field services industry. The price of everything from gas to essential materials has risen, and higher costs can eat into profit margins.


While you can’t control the macro factors driving inflation, you can lessen the pain by understanding the current economic landscape and taking specific actions to combat rising costs. Here are three primary cost drivers and three strategies for mitigating their impact.


  • Travel costs are up across the board: Hotel prices +7%, airfare +16%, rental car costs +48%
  • Labor costs continue to rise: Average wages for U.S. workers +5.2%, field service labor costs +8%
  • Cost of goods has escalated: Equipment costs +18%

Save or share your copy

"There are a lot of companies that will only look at the costs associated with a single project versus looking at the total costs for the entire company. This approach prevents them from considering all the costs that are supporting the tech that completes the work order."

Director, Network Development

Jeff Novotny


More cost-savings from across the field


Mid-year outlook: Riding the waves of volatility

For businesses, Cost, Growth, Industry Trends

Despite economic concerns, field service demand is on the rise. The mid-year outlook explores key factors influencing the future market.



Webinar | Combat Rising Costs and Labor Shortages

On-demand, For businesses, Cost, Industry Trends

Join leading industry experts from Field Nation and Zuper to hear their perspectives on the current market dynamics affecting the service industry, the ongoing labor crisis, the rise of digitization, and the new ways to solve for efficiency and growth.



Webinar | The state of independent contracting in IT field services

On-demand, For businesses, For technicians, Field Intel, Cost, Growth, Industry Trends

Watch the webinar, now available on-demand, to hear CEO Mynul Khan share findings from our original research study: "The State of Independent Contracting in Field Services."


Tap into the leading network of field service technicians