Friday, August 24, 2007

Freelance rates guide

Fellow Calderdale NUJ chap Andrew Bibby has released the latest edition of his Freelance Ready Reckoner. This is an essential tool for any freelancer (journalist or otherwise) as it breaks down typical staff salaries into equivalent daily rates, and provides recommended freelance daily rates that take your overheads into account.

As Andrew explains:
Many freelances fail to adequately appreciate when pricing their work that they are responsible for a range of costs which, were they working as an employee, would be covered by their employer. These include office equipment costs, premises costs, sick pay, pensions, holiday pay, insurance and various other costs. When pricing their services, it is useful for freelances to take into account what the comparable cost would be for employers if they used their own employees instead.

To download the Ready Reckoner as a handy PDF (56kb), click here.

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