Is there a “rate calculator” out there? Could’ve sworn I’ve seen one before. You would plug in your desired salary and it would translate it into what your day rate is.

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

What? No. That’s not how day rates work. That’s how recruiters want you to think that they work.

You gotta get paid more in your rate than your desired salary, so you can survive when you’re out of work and looking for the next thing.

Day rates and salaries are two different numbers that should be calculated separately.

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Just ask around and find out what people in your area charge as a day rate, then add a little and see what people say. You’d be surprised what people are willing to pay if you just firmly state your price.

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as a Sr Copywriter you should be +$100/hr

search: real agency salaries
also search: rates in this bowl

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also: https://joinfishbowl.com/post_wqdqa4f66n

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The most realistic one I've come across:
Yearly salary plus 30% divided by 220.
The 30% increase is for things like healthcare, taxes, etc. The 220 is the average number of days you'll work.
So if you make 120k a year, your day rate would come out to 709. (In which case you should just bump up to 750 so when they ask you to come down you can go to 725).

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Full time yearly / 800 = your hourly

x8 = day rate

For example, in my last job I made 120k, my day rate is 1200/day. NYC 8 yrs exp

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This may be true in NYC/LA. Elsewhere it’s more like FT Salary / 1000

I've seen some online like that - if you search around on Google some should pop up. They could be helpful if you want to get an idea of net profit, how much to budget for expenses, how much you have to work to hit your goal, etc. But I'd figure out your rate based on your value...i.e. I'm not going to charge more bc I want to take a few weeks off nor less because I'm double-booked. Good rule of thumb is Day Rate = FT Salary/125. Start with that and adjust based on demand/reception. Always do day or project rate. Good luck!

Two common methods:

Lower method: Salary / 125 for day rate. So if you make $100k / year, your day rate is $800.

Higher method: Salary / 100 for day rate. So if you make $100k / year, your day rate is $1,000.

Then to get your hourly rate, take your day rate and divide by 8 or 10, your choice.

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