How to calculate your hourly rate

[martysparky]

Again, this has already been covered in the original post.

sure, sorry if I've come across unclear but still think it a lttle low as I would be inclined to think that 30 hrs a week is not always going to be achievable. if that was set in stone great.

Its difficult thats for sure. especially now, no matter how we do the sums.

mostly to be fair with clients with regard to earning enough to cover quiet patches.


regards.

 

[Voltimax]

No problem Marty,

Like I said, it isn't written in stone it's a guide. Although if we all adopted that approach we might all be a little richer
I just thought it would be helpful to those starting out.

 

[spamwize2]

good post, but i found £25 ph covers me for most things

 

[Voltimax]

good post, but i found £25 ph covers me for most things

That might very well be true, however we all come from different areas, so we're not all going to be able to charge the same

 

[Sparky Ninja]

Good info the Voltimax, allows anyone a rough idea..

I myself work out at around £30 per hour on a similar system. So I use two rates, £25 ph to regulars to be competitive, and £35 per hour for callout and reactive work.

Law of averages works out well.






Although I do charge £75 per hour for troubleshooting..

 

[DiscoDave]

well I found it interesting!

Smae way i've worked my hourly rate out, or at least what my minimum hourly rate is!

 

[martysparky]

I think it is crucial to do it that way to identify the minimum line otherwise you'll have a struggle on your hands even when times are good.


The prob is some people don't work out sensible pricing that are fair for the lecky and the client buy simply going in low to get the work... buggers it all up then to an extent.

 

[mani]

Thanks for this Voltimax. These calculations are really useful. Now i know how to work out the hourly rate.