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Daily Rates

Discussion in 'Website Design Forum:' started by HippySunshine, Jul 27, 2010.

  1. HippySunshine

    HippySunshine Senior Member

    I am an amatuer freelancer and Im currently building up a portfolio in order to gain more experience and to maybe make more of a career out of this.

    I normally charge set prices for "packages" when creating websites ofr my clients and they are usualy fairly cheap as Im no WHIZ KID EXPERT just yet.

    I've been approached by a local company that are looking for freelancers to help them with projects that they have had to turn away recently dues to not having the people or time to do them and they have asked what my "daily rate" is.

    Now, I dont want to over charge and loose them as I am not at expert level but aslo dont want to undercharge myself.

    I know this is probably a common question and been asked before but how do you all work out your hourly or daily rates?

    Im going have a search around google now but any of your info/tips would be much appreciated.

    Thanks x
  2. Harry

    Harry Senior Member

    Take your desired salary for a year, work out the monthly, then weekly, then daily rates that works out at, then add a little on to that.
  3. Krey20

    Krey20 Senior Member

    You can do all the sums you like! It comes down to how you feel in the end.

    Make sure you charge a rate that you are comfortable with that justifies your experience and skills. Your first concern is that it's fair on you, not the client.

    Your last worry should be putting the client off. Are you really prepared to work at a reduced rate, just so you get the job? Will it be worth putting the work in for a small amount of money?
  4. Renniks

    Renniks Senior Member

    What Harry said
    Also an online freelance calculator (ignore the $ and assume it says £ ;) )

    FreelanceSwitch Hourly Rate Calculator

    Quite nice to see that to make ends meet and make a happy profit how much hourly wage you'd need to charge.
  5. HippySunshine

    HippySunshine Senior Member

    Thanks for this guys very helpful little calculator that is :p
  6. HippySunshine

    HippySunshine Senior Member

    I don't know if this is daft or not, but can I ask what YOU would expect my daily rate to be looking at what work I have so far etc.

    I really don't know what I should be charging as I really dont want to under/over charge.
    Im not sure what im comfortable with charging as a daily rate.
    Am I looking between £80/£90 ??
  7. Renniks

    Renniks Senior Member

    Where did you get £80 from :)

    I'd say £80 is a good daily rate for an "external" employee (freelancer etc.)

    That works out at around £19200 for 48 weeks @ 5 days / week

    With your self proclaimed lack of experience thats a large wage, but then they are paying you differently to a direct employee (as a junior designer, without much skill in html, from what I've seen your looking at anything between 14-20k)

    So I think 80-90 is perfect :)

    Irrelevant of your level of work, if they are willing to hire you, they like your work :)
  8. Levi

    Levi Moderator Staff Member

    lol, I love that calculator, somehow it works out that I need to charge £150 an HOUR. Not sure why as I'm fine on my current hourly rate (which is fair bit lower I might add)
  9. Renniks

    Renniks Senior Member

    The hourly calculator's fine :p what you put into it isn't ;)

    On a 6 hour charging day, 240 day year thats like 216,000 / year
  10. Levi

    Levi Moderator Staff Member

    10 hour day, 5 days a week, 2 weeks off, 5k personal profit plus basic expenses, mortgage and hardware/software costs - according to my sums thats 375k a year, lol

    Obviously thats working $ as £ so even if you change the $ into £'s using the 2/3 currency conversion that's still 240k plus lol

    I better go change my billing rates if that says I need to charge that lol
  11. Renniks

    Renniks Senior Member

    is that your full mortgage lol? instead of one years mortgage?
  12. Levi

    Levi Moderator Staff Member

    no 1 year, it's a little off I think lol
  13. Renniks

    Renniks Senior Member

    Calculated mine correct. 44k would cover my current ideal lifestyle... if I reached that obviously my ideal would change ...

    charging for 6 hours / day (working 10) ... 230 days / year
    I'd need to charge £34.30 / hour

    Which would be nice
  14. Levi

    Levi Moderator Staff Member

    oops it was me, I read a question wrong and it was I put 10% thinking it was after hours, my original quote was for me working 1 hour a day lol

    I think I'll stick with my current rate, the (new) suggested rate per hour is £16 per hour which is lower than I charge lol.
  15. Renniks

    Renniks Senior Member

    Haha :) fair enough
  16. berry

    berry Active Member

    OK...if I was a business looking for freelancer...( oops! I am ) .....
    And I'm as tight as ducks ar*se. ( oops I am ).....
    And I'm looking for talent that I can make a profit on ( oops! I am)......
    ..... What make me smile, and Hippy have pound in the pocket?/????
    Answer.........£10-£15 an hour.
    That's life, it may not be fair but it's real. Deal with it.
    People overvalue their own worth and services. That's why they wait for the phone to ring.
    Levi will survive because he is reallistic - whether it's fair is subjective. This is a capitalistic society we live in. Here is your early morning wake up call. Good Luck
  17. Levi

    Levi Moderator Staff Member

    Yeah I'm realistic, 15quid an hour is undervaluing my type of work, people regularly charge £50+ an hour in the CAD field where as unless you're Harryesque charging that for web design could be seen as overvaluing your skills, it is round this way with people offering to do (rubbish) 10 page sites from 50 quid

    My prices also take into account I know I won't be working 5 days a week every week and also the fact that I will not be able to do any other work while I'm rendering (that's the making pretty pictures bit) for example. But it's very rare that I charge per hour, I normally give a job rate so both parties know how much the job will cost.
  18. Renniks

    Renniks Senior Member

    Berry :p while invaluable advice, you've actually just backed up the amount she was thinking (£80-90 / day is around £10-12 /hour)

    My figure was just what I would love to charge, not what I'd expect. And Levi's what he would need to charge to "live" according to the calculator, yet he charges more because he can / needs to due to not always having work...
  19. HippySunshine

    HippySunshine Senior Member

    Thats just what I was thinking :rolleyes:
  20. Renniks

    Renniks Senior Member

    Ooo wait, berry doesn't work for less than 27 hours in a day, 7 days a week, so he thinks you should be charging more ;)

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