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How do you set a price for an hour of your time?
This week I made a project that took me 14 hours in a row to finish it and they paid me 25$.
Being honest I consider that project would have taken them at least 40-50 hours ?

How much money would you have asked them?

Comments
  • 6
    You should have charged slightly less than it would have cost them to do it in 40-50 hours.
  • 4
    Well I hope you're not in the states, otherwise you got screwed. You basically made just over a dollar an hour.
  • 2
    I... have an hourly rate? Take your wage (or a wage you would be happy with) and just divide it to hours
  • 3
    I divide into days, hardly ever I do something that takes less then a day.

    I also add half of time to bug fix and some minors.

    So for example:

    Everything less then 5-6 hours is day,
    day is 1.5 days,
    2 days are 3 days,
    1 week is 1.5 week,
    and so on.

    If there is fixed price so wage and requirements I divide requirements to days and then divide by my hourly rate.
    Usually those numbers don’t work so I try to think if I want to do it ( I usually want if I need money and client seems nice, not someone who would argue for every detail). If I don’t need money I politely apologize and resign.
  • 9
    $25?
    Tell me you're crazy or live in a third-world country where $25 is worth significantly more in your local currency.
  • 0
    @spongessuck never thought that way!!!
    So makes a lot of sense!!
  • 1
    Based on average salary in the US for my skillset, it would be about $72/hour. I wouldn't accept less than $60/hour. I'm not sure what the equivalent would be in El Salvador, because of the cost of living difference.
  • 0
    50€/h at least
  • 0
    50 USD hr. minimum if I feel like I’m the best fit for the project. Not working for free or for peanuts ever again. Unless if it’s contributing to open source projects that caught my fancy on GitHub.
  • 0
    Companies that do IT support (MSPs) regularly charge upwards of 150-300+ USD / hr to cover overhead , multiple employees and to be profitable and cover costs of doing business (office rent, taxes etc). Unless customer has contract for certain services then the cost is much lower.
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