## Day rate vs hourly

The rate of basic pay for experts and consultants is set by administrative action. An agency must determine the appropriate rate of basic pay on an hourly or daily

13 May 2014 There are two main ways to charge for your work: per hour or per project. This has long been a topic of debate for freelancers. Will the client reject  31 Aug 2016 Many freelancers have a standard rate in mind, but are willing to show flexibility. a day rate and a half-day rate, but it depends on the individual project. for example – tend to be reluctant to negotiate or increase their prices. your services, rather than doing hourly sessions here and there,” she says. If you have your paycheck in hand and do not know what the income tax rate is If you work 40 hours a week, but clock out for a half an hour lunch a day, you only If you make \$75,000 a year, your hourly wage is \$75,000/2080, or \$36.06. is for calculating your annual, monthly, weekly, daily and hourly rates of pay. Our calculator assumes 8hrs a day, 5 days a week, but you can change that

## The daily rate is the most you will pay for the car for any 24 hour period. For example, if the car costs \$5 an hour or \$25 a day, you will be charged for each hour up

From Tom’s perspective, if you can get a \$500 job done in 2 hours, you’ll find yourself at a very respectable rate of \$250/hour. If, however, you agree to hourly pay, you may have a hard time getting a “rate” similar to that, especially if you are new to freelancing and don’t have a lot of previous references or a strong personal brand. Some things to note, while MOST OF THE TIME a Day Rate is negotiated for a 12 Hour Day, that’s not always the case. This is why the Hourly Rate Calculator asks that you fill in the amount of hours your Day Rate is based on. Sometimes you may negotiate a 12 hour day, but sometimes an 8 hour day and sometimes a 13 hour day. As Your day job is probably enough of a treadmill rat race already. Working more would be moving in the opposite direction. The alternative to your treadmill of an hourly freelance rate. So, do you really want to work all the time? Not me. I’d rather work less and earn more. When a day-rate employee works more than 40 hours in a workweek, he or she must receive FLSA overtime premium pay in addition to the total day-rate wages for the workweek. Figuring the overtime amount due begins with the proper computation of the FLSA regular hourly rate of pay.