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How do freelancers measure immeasurable work? How much money to take?
Hello, guys. I am a freelancer, yet it seems soon I'll get a tricky job. I will be a consulant-translator-outsource manager for one company, job duties are internet researches, translations, looking for people and outsourcing work, quality control, different consultations(time, volume and such are also vague) and etc. Plus some additional work to come. Okay, translation is easy, but researches, outsourcing, consultations? No idea how long it will take for me to finish each task like that and how much I should demand for it.
If anyone has ideas how to structure all of it and proceed with payment, I'll be immeasurably grateful
4 Answers
- Valleycat1Lv 73 years agoFavorite Answer
you figure an hourly rate for your time, charge in increments of 15 minutes. like lawyers. since you are working as a freelancer, you will have to pay your income and payroll taxes as well as for any office supplies and equipment. So your fee should include at least 25% more, for overhead/operating expenses. If an employee doing what you will be doing earns, say $20 an hour, then your fee would be $25 an hour. You will need some way to track your time to support your billings. If the company routinely hires contractors, they probably have a billing/payment process in place that you will need to follow.
- Casey YLv 73 years ago
Are you charging by the hour or by the project? If you aren't doing a good job of forecasting your hours, better be hourly. However, most project managers want a number...
- troLv 73 years ago
how much do you expect to make per day in your work, if an 8 hr day is a certain amount, and this job might take a portion of it, you charge for that portion