Freelancers – How much should you charge?

Freelancers – How much should you charge?


You don’t want to undersell yourself but you don’t want to put off potential cliets by pricing yourself out of their budget range. So, how do you work out what to charge your clients?

Personal holding fan of bank notes
Share This:

That’s a difficult question to answer for the budding freelancer and I discuss it in my Managing Web Projects ebook but it is a bit complicated and a bit of a horrible formula to work out your hourly rate (and please excuse me it’s been a while since I’ve done algebra and brackets confuse me Crazy Hair):

(((E/100) X T) + (OU X 12) /100 X PM)
((H X D) X 52 ) – DO)


E = Earnings
T = Tax Rate
OU = Outgoings
PM = Profit Margin
H = Hours Worked A Day
D = Days Worked a week
DO – Days off per year

Er….. Right. I’m confused now as well!

I’ve given an example of this formula at work when I wrote about Managing Web Projects #4 – The Quote but even so, it’s a bit of a handfull isn’t it?!

Social Media Tips NOT For Beginners
All business owners know that social media marketing is important. You’ve set up your social media platforms, you’re posting regularly, but you’re still not seeing the results you want. Take your social media presence to the next level with these tips, that are for those who are already getting the...
The Future of Mobile Commerce
Mobile commerce, albeit not a fresh trend in the digital space, promises to stay and...

Because none of us want to go through the terror of trying to work that little lot out (especially as I’m bound to have put a bracket in the wrong place somewhere I present The Hourly Rate Calculator.

Simply fill in your desired earnings, outgoings and a couple of other bits and voila! There’s what you should charge per hour.

You can all thank me later Laugh

About The Author
Katy is always trying to be more productive one day at a time! Whether it's analogue, digital, motivational or psychological who'll try any system that will help her get things done and get organised. As well as running, she also loves making music and reviewing things.
  • Follow Katy Whitton on:
Please Note: This post may contain affiliate links. By clicking on these links you will not be charged any extra for purchasing goods and services from our preferred partners however may receive financial compensation which contributes to the running of the site. For more information please read our Advertising & Affiliate Disclosure Policy

Leave a Reply

Your email address will not be published. Required fields are marked *