London Freelance Rates
London Freelance Rates
Out of context: Reply #9
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- spacerabbits0
200-300 a day is not that much. There are roughly 2000 working hours in a year. Take your proposed hourly rate and times it by 1000. You will be doing well to work half the year freelance.
So if you are charging £25 an hour for a nine hour day that is £225... but wait - that gives you 25k a year. Not exactly a senior salary. As a senior designer, I would push for no less than £300 a day.
- maths FAIL: £225/day * 5 days a week * 4 weeks a month * 12 months a year = £54k (before tax)Nightshade
- if you only work half the year, you need to get more work!Nightshade
- I think his point being. The risk of not working,no holiday is what makes the rates what they are
babaganush - i see that but think you can expect to work more than half the year if you know what you're doing.Nightshade
- Yes, I agree my estimate of 6 months is low. However this is a common formula amongst freelancers (to times your hour by 1000) as it roughly factors in equipment, training, software, promotion etc. I have found it to be a great tool when haggling rates on the spot. BTW thanks for the math tip nightshade, but there are 52 weeks in the year (not 48 used in your formula).spacerabbits