How a day rate works?
- Started 21 years ago
- Last post 21 years ago
- 72 Responses
- fyoucher10
Derek,
First off...went to your site..your shit rox...See ur out in NYC...me in Philly but all clients are in brooklyn and manhattan...are you a freelancer? Where do you work?
- jh0
There is a piece missing here:
You HAVE to work out a day rate based on what you need to run your business (service). You need to divide the days you think you might work by the amount you need to operate. That becomes a guide to your day rate. You need this regardless of whether you charge by a project basis since you can't calculate the true cost of a project unless you can estimate the time value.
Charging by the hour can actually be quite profitable - but it does depend on the client. Charging by the project often means working more for less money since clients always push if they know you can't budge on the cost.
If you work more than 8 hours per day you could count that as overtime (an agency cetainly might) but only if the deadline requires it, not if you're trying to give yourself a free day the day after. I would stick with a fixed hourly costing, based on a day rate calculated as above - if you can.
Costing out jobs takes forever and often eats into the amount of time you can do "invoicable" work. But again it's an overhead you need to allow for.
Much of this is just business not specific to design, but any type of service.
- rasp0
like i said:
"a project might be done in a day, and you make 2 grand."
that happen a lot derek?
rasp
(dec 12 03)
- Derek20
not often....
maybe... once every two months
- Derek20
if that
- mrdobolina0
tell the agency to save the day rate for screwing over photographers.
- fyoucher10
jh,
that helps a lot...I've been freelancing for about a year and a half now and have to figure out all this stuff alone....hourly always works best but a couple of clients only do day rates...Does anyone know a place where I can get freelance pricing guide....eg. day rate, hourly rate, overtime rate...or other ways of charging......?
- Derek20
fyoucher1,
im iin toronto..
i just love NYC...
and, i do all kinds of odd jobs.
finding clients isnt too hard anymore. used to be a bitch... its who ya know. set up some good contacts produce good work.. and its all good. just dont miss a deadline... lol....:(;)
- JamesEngage0
You do all these good projects, but just post up photos of you and your mum in TFI Fridays? I don't get it?
- rasp0
me neither
- Derek20
the KEG is where i take my mom. not TJ shitbox.
i post my personal work on my site, because, so far its landing me jobs... and thats working for me, so im stickin with it for now.
- rasp0
hmmm
- JamesEngage0
hmmmmmmmmmm
- Derek20
hmmmmmmmmmmmmmm
- Derek20
like, i have no need to prove anything here. i just keep doin' what i do, and i love it.
- rasp0
we agree on some things then
- JamesEngage0
See? Even you think you're talking bullshit :)
- Derek20
ICE COLD...
(cooler than cool)
lol
:)
- Derek20
:)
im not james... but this is what i do, and its working...
- rasp0
damn right its working i can smell it from here