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QotD: Hourly Compensation

Question: How much do you charge per hour for whatever it is you charge for?

My Answer: I have a lot of readers who, at one time or another, have done freelance work. My base rate is about $150/hour, but I'm particularly careful to do an hour's worth of work in that time frame, even if it takes me 80 minutes. I've also done some simple work for $25/hour. So, the true answer is a grey sliding scale. In the end, I probably average under $72/hour, which is fine because I do work from home.

You are encouraged to answer the Question of the Day for yourself in the comments or on your blog.

2 Responses to "QotD: Hourly Compensation"

  1. I really admire entrepreneurs and those who work freelance. My wife is a professional organizer, working for herself, and I think that's cool. I just don't have the gumption for that - for now I need that steady paycheck. Maybe some day, like when I have more in the bank than owed to others, I'll change my ways.

    Basically I just have no idea how or where I would find enough work to make at least the income I make today, working for the man.

  2. I recently got my first freelance gig where I get an hourly pay, doing some web development. I was asked what my rate would be -- and I asked a few people what I should ask for. I finally went with $16/hr, which is probably way too low, but it's a best for me.