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An old freelancer's rule-of-thumb for calculating hourly rates is to take your desired salary and divide by 1000. So, a freelancer would need to bill at roughl
by mrbrandonking 15y ago
An old freelancer's rule-of-thumb for calculating hourly rates is to take your desired salary and divide by 1000. So, a freelancer would need to bill at roughly $70/hour to make the equivalent of $70,000 in a year.
This rule-of-thumb is fairly accurate, considering time spent on non-billable tasks as well as overhead and taxes.
- ra 15y agoI contracted for about 12 years in all throughout my career, and this rule of thumb is also consistent with my experience as a contrator. you mention freelancing however, I think the rate needs to be a bit higher for freelancing to take into account all the non-billable time.