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Issue 8.4


Your rates

What should I charge for my time?

Issue: 8.4 (May/June 2010)
Author Bio: Christian Schmitz is the creator of the Monkeybread Software REALbasic Plugins.
Article Description: No description available.
Article Length (in bytes): 5,382
Starting Page Number: 13
Article Number: 8408
Resource File(s):

Download Icon 8408.zip Updated: 2010-05-03 19:29:22

Related Link(s): None

Excerpt of article text...

One of the questions people ask when they start their business is what they should charge. Too much and they will not find work and too little and they are not taken seriously. So this article discusses a way to find an hourly/daily rate based on what an employed developer would earn for the same job.

From a salary to an hourly rate

Let's say you want to earn the same amount as an employed developer. What hourly rate do you need?

For a developer we calculate in this article a monthly total salary of 4,000 Euro. If you do the calculation yourself, you should modify all the values to your country's currency. Taxes, social costs, and the numerical values of the amounts are different everywhere in the world. So in Germany we have a statistical average yearly salary of 40,000 Euro for a beginner and something around 75,000 Euro for an expert software developer. But that really depends on qualifications.

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