If i was salaried at 80k, what should my hourly freelance rate be for W2 and 1099? Also would it be more beneficial to push for a day rate (haven’t had great success doing this)?

like
Posting as :
works at
You are currently posting as works at

To ball park;

- Take your annual salary ($80k)
- Increase this by 30-50% to accommodate: payroll taxes, benefits, paid time off, other overhead costs of being freelance (computer, home office, etc). If the company is providing computer, office space, paying payroll taxes go with 30%. If not, go with 50%.
- divide this number by approx 1500 billable hours
= freelance rate:

Eg: 80,000 x1.5 =120,00 / 1,500 =80/hr

likesmarthelpful

Good idea!

The day rate vs hourly rate topic:

If you do an hourly ( which many companies require) - try to build in a “minimum ” 4 hours a day and make sure it is clear all “wait /on call time” is billable. And all “in office” is billable.

This is to make sure you’re compensated appropriately if you have say - just a 1 hour call on a Friday afternoon, or they ask you to make your self-available and then aren’t needed.

like

This except do a minimum of 8 hours.

like

How much do you want? Ask for that.

like

Peanuts if you don’t challenge it

Related Posts

I am applying for a new job. Would anyone be willing to review my résumé and make suggestions based off of the job description I am applying for?

like

What metrics matter on a resume?
After taking on senior level work for some time and being denied pay increase or title change, I’m moving on. Have 2+YOE in paid and organic social and 1YOE as a creative manager

Although I have lists of action items and projects accomplished but not many other metrics besides media budget spend

Hello All,

Canadian PR , working with Amazon Canada for a year in operations and process improvement in logistics, fulfillment operations and last-mile delivery.
Completed CSCP and PMP.

Prior to this, I have 10 years of experience in supply chain and logistics in India across companies like DHL , Reliance Jio, Amazon India ,etc. 

looking for new opportunities in the supply chain and operations or consulting. Any inputs would be greatly appreciated. 

@PWC Canada #Accenture #EY

like

Advice on which Greek islands to visit in September? Santorini is in the list, but I can’t decide on others. Which are your favorite and why?

like
like

Anyone been able to work from Dubai for a UK/US firm and benefit from no taxes? I know if you are a US citizen you pay taxes where you are globally, but if you are British, then you only pay income tax on UK income - so if you live more than half the year abroad you are classed as non-domicile resident, but wanted to hear if anyone’s done this or heard about it?

like

Hello! Does anyone know of any open roles at Google in the sustainability/social impact space? I have 9 YOE and currently managing a team mobilizing investors and business to tackle critical social and environmental issues. Thank you!

like

Should I get a CPA for Transaction Due Diligence?
I’m a new grad working in FDD and I’m trying to decide if becoming a CPA is worth it. I do not plan on staying in accounting in the future. I’m more interested in strategy work. I certainly do not want to do Audit. Would you recommend getting the CPA considering my career aspirations? Do you think it’s worth it? If not, what is the best way to use my time efficiently?

like

Anyone play osrs?

hcim btw

likeuplifting
like

Can 🐠 throw some pity likes so I can DM people? 🥺 thanksssssss

like

Hey there! Can anyone give me a referral for Microsoft? Would be highly appreciated! ❤️

like

Hi guys,
How is coforge in terms of wlb,job security
Got selected for one of banking project.
Could you please help with your reviews.

like

Rexall or Demarco- which pharmacy should I join as a Pharmacy Assistant? Which one is better??

like

Why does everyone hate indexed annuities? Who would turn down the potential of 12% annual returns with a guarantee that they can't lose any money, all for free and even a bonus?

like
like

How do you judge a low ball offer with how the market is changing? Earlier this year, you would look at comps and say this is the value. Now with rates going up and people pulling out, how do you justify the value? (View point from the buyers end)

like

Can anyone else not sleep right now? So stressed and exhausted with everything but can’t fall asleep

likehelpful

Creating my registry, what are some must haves to put on it! Doing Amazon and Target, thanks for the help in advance.

like

Additional Posts in Advertising

Ted Royer helping JL win VW. Rumor or true?

likefunny

Wondering if Jeep had to pitch Bill Murray the idea by leaving him a message on his 800 number...

likefunny

Can someone explain the concept of earned media? Is it supposed to be relationship driven?

like

Without asking or confirming, account lead booked an in-person client meeting that requires travel. Who books ~any~ major client meeting without first checking with the team ?

like

Hi friends, I am reading this book ‘radical cander’ and was wondering if you have Fav way/ example of receiving and giving tough feedback? Or have any stories about feedback that have stuck with you through your career.

like

What about Italy? Anyone working there?

like

I feel like I am not good at what I do... but don’t see myself doing anything else.

like

I have a stay at home wife with no concept of money. Any ideas on how to reign in the spending? Any credit cards good for this?

like

Whats 72andSunny’s NYC office like at the moment? Doing well or flailing like the rest of us? Been trying to get my foot in the door there for a while

likehelpful

Which do you prefer?

“Give me a deadline and I’ll get the work done”
or

“when I get this done I’ll let you know and we can figure out when the client will see it.”

like

Vayner? Anomaly? Ogilvy? Which one to jump to? Account Mgtm!

like

How does remote editing work? I haven’t ever made a TVC before so was curious about the process when doing it remotely.

like

I just noticed that I have a “touch base” scheduled for 9:15, then a “check in” at 11:00 on the same project.

I’ll let you know what the difference is when we circle back.

likefunny

I know I’m too “senior” to justify feeling down, inadequate, and like a failure for not selling a campaign today but I do. Usually this stuff just rolls off me but today it isn’t. Is it because the blows hit harder while remote? Anyone else out there feel the same lately?

like

We are hiring for several marketing roles in NY and Cambridge. Want to work for a good company with even better hours and pay? DM me. Sample roles open (below)

like

how many of you get high before/during work?

🙋🏻‍♂️

like

Year in search was a little off the mark, no?

like

What should you do if they don’t put your name on the credits of work that is yours? Anybody’s had this experience?

like

Anyone work at an agency where the developers can actually develop modern websites?

like

Going in house is the move, right?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal