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Reading this post and the linked one, TIL I should charge way more.
by toxicFork 4y ago
Reading this post and the linked one, TIL I should charge way more.
- secos 4y agoUsually the case. Patio11 wrote about this forever ago: https://www.kalzumeus.com/2006/08/14/you-can-probably-stand-to-charge-more/ https://www.kalzumeus.com/2006/08/14/you-can-probably-stand-...
- nicolas_t 4y agoAnd charging more also often has the side effect that you'll be taken more seriously. People are more likely to listen to you if you charge more because they'll place more value in your work.
- adrr 4y agoPeople always undercharge. Any software consulting agency will charge min $125/hr and most around $175/hr.
- smugma 4y agoWhen I was in business school 15 years ago I interned for a Big 4 consultancy, paid $40/hr (hourly on an $80K assumed salary). Rather than do things by hand like many MBA’s, I wrote some scripts to make it easy to create lots of Excel files (can’t remember if I used a DB, I don’t think so). Client wanted to keep me on during the year, and my employer never had that come up and didn’t know what to do. So client offered me $100/hr and said I could use a different one-guy firm as my employer to avoid new vendor set up. They offered me $100/hr. Being an MBA student I figured I was being undervalued (even at 2.5X, as I was doing both engineering and MBA BS). My manager very firmly but nicely said $100 was an excellent rate. I agreed and did 10-15 hours a week, mostly training 2 employees at the consultancy how to do what I did and move away from my non-standard scripts. Sometimes you’re offered the right rate upfront!