How Much Should I Charge As A Freelance Project Manager?

How do I calculate my hourly rate as a freelancer?

A common approach to figuring out an hourly rate is to divide the salary you want by the number of hours worked each year:40 hours/week × 52 weeks/year = 2,080 hours.$100,000 desired salary ÷ 2,080 hours = roughly $50 per hour..

How do you calculate a day rate?

Divide Your Expenses by Your Billable Days/Hours. Now that you know what it takes to do the work that you love, and the number of days you can expect to be working, you can proactively calculate what your day rate or hourly rate should be.

How much should I charge to run an Instagram?

Many newbie social media managers charge approximately $25 – $35 an hour to start, typically between 10 or 20 hours per month per client. This means that each client is worth $250 – $700 per month.

How much should I charge for Instagram content creation?

Similarly, a popular travel blogger and photographer with 100K followers and a 9.2% engagement rate listed their content creation at a similar rate, priced at: $1000 per Instagram Post. $1200 per Instagram Post + Blog Post. $200 per Instagram Story.

Do you charge clients for meeting time?

Traditionally as a freelancer it is your time and skill that is hired. So yes you bill for conference/meeting times. It is customary to build in a few hours for discussion with every bid. Some freelancers use a reduced rate for “consultation” but really that is your choice.

How do freelancers bill clients?

Here’s how to write an invoice.A professional header. The first item on your freelance invoice should be your business name or your full name, in professional and easy-to-read font. … Your contact information. … The client’s contact information. … Invoice number. … Date prepared. … Due date. … Payment options. … Payment terms.More items…•

How much should a freelance social media manager Charge?

If you opt to go hourly, newer social media freelancer rates can hover around $15-$50 per hour. For more intermediate social media marketers, they can make $50-100 per hour. And an experienced social media manager can make $120+ or much higher.

What should be hourly rate on freelancer for beginners?

Try these freelance hourly rates. If you’re still stuck on this (which is totally fine), here are a few good starting numbers for beginners: Writing and editing: $30 / hour. Graphic design: $40 / hour.

How much should I charge as a freelancer?

For instance, if you want to earn $60,000 dollars a year, that means you should earn $5,000 each month. If you intend to work for 40 billable hours each week, then you need to charge $125 per hour. In this case, if a client gives you a project that takes you ten hours, you would then charge them $1,250 for the project.

How do you price a logo design?

Freelance Mid-Level Logo Design Price:Beginner Freelancer Designer: ₹500 — ₹2000 (4–6 logo concepts or more)Junior Freelancer Designer: ₹1000 — ₹10,000 (included business card and 4–6 logo concepts)Mid-Level Freelancer Designer: ₹10000 — ₹50,000 (included business card and 2 logo concepts)More items…•

Do freelancers charge for travel time?

If you have to spend your time getting to and from clients or projects, include that in your freelance rates. You wouldn’t be traveling if it weren’t for work, so it’s appropriate to charge for that. If you’re driving, you’re also putting wear and tear on your personal vehicle. It’s also ok to charge for that.

What does it mean by hourly rate?

What is an hourly rate? Your hourly rate is the amount of money that you receive for each hour you spend working. As an hourly employee, you should get paid for all of the hours that you work. If an employer wants more of your time, they’ll have to pay you more.

Is $30 an hour good?

A well-paying job can be easier to find than you think. In fact, people such as medical technologists, social workers and store managers all earn about $30 per hour. A full-time job that pays around $30 per hour can equal roughly $62,400 per year, which means a comfortable living, and above the national average.

Is $10 an hour good?

Depends on your definition of good. For someone who has no income and is poor then 10 dollars an hour is good for them. 10 dollars an hour is also good for someone who only makes 9 dollars an hour assuming everything else stays the same.

How do you charge your time?

If you’re scared about charging too much at first, even simple pricing strategies can work: charging $1 is better than giving it away for free. Some examples of the price point you can start with: If you’re a graphic designer, start your rate at $25-50/hr. If you’re business consultant, start at $50-80/hr.

How do you answer the hourly rate question?

Confidently Answer the Hourly Rate QuestionFind out what she wants to achieve.Ask about her current situation.Explore the obstacles and bottlenecks in her business.Then learn what’s possible once those things are resolved.

How much should I charge for an Instagram post?

An average CPM for a sponsored post is anywhere from $5 to $10. This means that a brand can reach 1,000 people for anywhere from $5 to $10—pretty good deal for them, right? Let’s break it down with an example. To make things easy, let’s say you have 10,000 followers on Instagram.

How many hours does a freelance work?

36 hoursAccording to one 2016 survey, a full-time freelancer works an average of 36 hours per week. This schedule is about on par with the rest of American workers, though some freelancers work more or less than this average. The main difference between freelancers and regular employees lies in their use of time.