There are vague guidelines regarding negotiation strategies around what you can charge at each career ‘level’ – but in truth it is often a careful calculation between what you want and what you think you can get for the project.
It is as dangerous to under-charge as to over-charge… over-estimating your daily rate can price you out of the market and you lose the gig, under-charging however can undermine your experience, make your services seem too junior, seem naive to market forces and allow clients to think you are a push over.
That’s why Strat-Talking.com has teamed up with AddedBytes to provide you with the below, the only freelance calculator you will ever need – full visibility, full understanding and fully loaded with all the detail you need to quote your rate.
|1 Year||+ 365||£36,500|
|Sales & Admin ( %)||- 45||£18,100|
|Unpaid Time ( %)||- 9||£17,200|
|Total Income (annual)||£17,200|
|Total Income (monthly)||£1,433|
|Professional Services||- £||£16,200|
|Total (less expenses) (annual)||£7,950|
|Total (less expenses) (Monthly)||£663|
|Tax ( %)||- £1,988||£5,963|
|Net Income (annual)||£5,963|
|Net Income (monthly)||£497|
Please Note: Many expenses will be deducted before tax, but some may not be – this tool provides an estimate for net income, but for an actual calculation you should always speak to an accountant.