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What Are Good Programming Rates?
January 17th, 2009 | Posted in Freelancing.The great thing about being a programmer is you can set your own programming rates. There are three factors which you should incorporate into your programming rates.
1) Your Knowledge
This is the first thing that must be incorporated into your price. Depending on your amount of knowledge on the topic you have, represent that in your rate. If you are new to the industry, you will want to keep your programming rates lower. If you are an expert in the field, do not set yourself low to get projects. Bid for what you can do and how well you can do it.
2) The Duration of the Projects
How long will it take you to accomplish the project. If you can complete a project in 3 hours, try to keep your rates reasonable for 3 hours of work. Although you may not need to specify an hourly programming rate, as many people go by fixed project rates, it is still good to keep it in mind so you are getting the hourly rate you desire. If you can do the project in 3 hours, but bid a price for 10 hours, you can expect to give your competitors many of the jobs. Although it is good to bid for a price to make profit, make sure your programing rates aren’t outrageous or selling you short.
3) The Complexity of the Projects
If your project is to research a topic and give what you found to the client, don’t expect your programming rates to be very high. However, if your job is to research information, research keywords, write a unique article, and upload it to a blog, your job is more complex and your rates should show it. Many jobs will have more complex requests than others.
There are also many other factors you should incorporate into your programming rates like the amount of work, your experience, the duration of you and your clients relationship, and so on, but these 3 factors are the major ones that should be looked at to begin with.
Remember, once you set your programming rates, stick to them. Don’t lower rates to get more jobs, and don’t raise your rates without having reason to do so. Many clients will ask for reasoning behind your bid for a project. Be prepared to show proof you deserve these rates by supplying concrete reasons.
-Chris
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