mandy
Level 1
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If you are a freelancer, you know that you can pick an hourly rate or a flat rate to work on projects depending on where you list your service at. Does one make more sense to you over the other? How do you decide which one is right for you? Here are some things to keep in mind when deciding what the fair rate of pay should be for your freelance service you are offering.
There are many positives and negatives for each rate. First off, did you know you might make more money with one over the other. For example, lets say you are writing an article on a subject that you do not know a lot about. You will have to do lots of research for this service then. That takes up a lot of time. If you say that you are going to charge $15 an hour, and the article you are writing takes you 2 hours to research, and then another hour to write, you have made $45. However, if you just go with a flat rate of say 7 cents per word, and the word count is expected to be 1000 words, you have made $105. Even if it took you only 3 hours to research and write, the flat rate would more beneficial to you. But if you are just starting out, and only charging a low 2 cents per word, you would only make $30 off it, so the hourly rate would be a better deal.
Do note that it is sometimes hard to have an hourly rate when you have to keep track of the time you are spending online researching and writing the articles. That can sometimes be a pain for writers. And there are also some clients that will say ok I will pay for 3 hours of work and it may take you more than that do complete the service.
The rate of pay in which the freelancer is paid is up to the freelancer themselves. Just make sure that you are getting the fairest solution and being fair as well to the client. God luck with your freelancing career!
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I would prefer to charge by the hour with a maximum number of hours being paid for. So for instance, I would tell the client that I'm willing to write articles for $15 per hour, maximum six hours. But guarantee at least 3 articles. So for the blog owner, that would be $30 an article, though most likely I would deliver more.
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I would prefer to charge by the hour with a maximum number of hours being paid for. So for instance, I would tell the client that I'm willing to write articles for $15 per hour, maximum six hours. But guarantee at least 3 articles. So for the blog owner, that would be $30 an article, though most likely I would deliver more.
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ralph101
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