Hourly Rate Calculator
Handy hourly rate calculator is a great tool for freelancers
Whether you're freelancing or working on side projects for some extra cash, make sure you get paid what you're worth with Freelance Switch's hourly rate calculator.
This web-based tool takes a really thorough approach to determine an hourly rate that's appropriate for your living expenses. First, you pinpoint your annual business costs, then calculate your personal costs like housing and daily expenses. The third step helps you figure out how many hours you can actually bill clients and factors in things like vacation days, sick days, and holidays.
The final step asks you to estimate how much profit you hope to make each year. Once you've plugged in all the numbers, the calculator generates the hourly rate you need to break even as well as what your ideal rate is to reach your profit goal.
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