Retainer

Out of context: Reply #16

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  • DRIFTMONKEY0

    My "personal" rule on retainers:

    Whatever you change hourly for freelance, estimate 75% of that. Multiply by the number of hours you anticipate per month.

    ex:
    your current rate: $75/hour
    75 x .75 = 56.25

    your current hours: 20/week
    56.25 x 20 = 1125/week
    or $4500/month

    Savings to them: $1500/month

    If you think 75% is too high, go lower, but a good rule of thumb is don't go less than 50% unless they offer you a full time in house position.

    There you have it.

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