Need Help with Hourly Rates and Guideline
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I work on JOOMLA/Magento/Ecommerce PHP sites- I charge 40-45/Perhour When I work on ASP.NET/DNN/Silverlight/Ecommerce- I charge 45/Hour All are in Canadian dollars. I need your feedback. Are they OK.
Tapas Shome System Software Engineer Keen Computer Solutions 1408 Erin Street Winnipeg, Manitoba Canada R3E 2S8 http://www.keencomputer.com www.ias-research.com/blog
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I work on JOOMLA/Magento/Ecommerce PHP sites- I charge 40-45/Perhour When I work on ASP.NET/DNN/Silverlight/Ecommerce- I charge 45/Hour All are in Canadian dollars. I need your feedback. Are they OK.
Tapas Shome System Software Engineer Keen Computer Solutions 1408 Erin Street Winnipeg, Manitoba Canada R3E 2S8 http://www.keencomputer.com www.ias-research.com/blog
If you want to know if your rates are O.K. find out what someone with your experience level should be making annually and plug it into my calculator: Contractor Rate Calculator[^] I think you will find that you are making less than you think you are (In the long run). Your rates are definitely competitive with the crowd from India. (Although, I think they work for less than 15 U.S.D. remote)
Need custom software developed? I do custom programming based primarily on MS tools with an emphasis on C# development and consulting. A man said to the universe: "Sir I exist!" "However," replied the universe, "The fact has not created in me A sense of obligation." --Stephen Crane
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I work on JOOMLA/Magento/Ecommerce PHP sites- I charge 40-45/Perhour When I work on ASP.NET/DNN/Silverlight/Ecommerce- I charge 45/Hour All are in Canadian dollars. I need your feedback. Are they OK.
Tapas Shome System Software Engineer Keen Computer Solutions 1408 Erin Street Winnipeg, Manitoba Canada R3E 2S8 http://www.keencomputer.com www.ias-research.com/blog
That's very cheap. I make more than that, and I have a full time job. A contracting rate should, IMO, factor in that you won't be employed 100% of the time. I'd think $100 an hour, but of course, as someone else said, you need to compete with India, although I have no doubt you can do that in terms of quality, often price is all that matters.
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
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I work on JOOMLA/Magento/Ecommerce PHP sites- I charge 40-45/Perhour When I work on ASP.NET/DNN/Silverlight/Ecommerce- I charge 45/Hour All are in Canadian dollars. I need your feedback. Are they OK.
Tapas Shome System Software Engineer Keen Computer Solutions 1408 Erin Street Winnipeg, Manitoba Canada R3E 2S8 http://www.keencomputer.com www.ias-research.com/blog
If you are running a business for yourself you might be cutting yourself short. The best way to find out for sure is to see what others in your area are charging. Call up a few software shops in the area and inquire about what their hourly rates are for similar development.
Latest toy built for fun: Web Lens Best feature: Full size images when using Google image search.
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If you are running a business for yourself you might be cutting yourself short. The best way to find out for sure is to see what others in your area are charging. Call up a few software shops in the area and inquire about what their hourly rates are for similar development.
Latest toy built for fun: Web Lens Best feature: Full size images when using Google image search.
I think pelnor is absolutely correct. I think the location and the developemet type is more important. There are many developers who offers different rate for different kind of word work and location.
Regards :)
modified on Monday, September 28, 2009 2:38 AM
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That's very cheap. I make more than that, and I have a full time job. A contracting rate should, IMO, factor in that you won't be employed 100% of the time. I'd think $100 an hour, but of course, as someone else said, you need to compete with India, although I have no doubt you can do that in terms of quality, often price is all that matters.
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
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I work on JOOMLA/Magento/Ecommerce PHP sites- I charge 40-45/Perhour When I work on ASP.NET/DNN/Silverlight/Ecommerce- I charge 45/Hour All are in Canadian dollars. I need your feedback. Are they OK.
Tapas Shome System Software Engineer Keen Computer Solutions 1408 Erin Street Winnipeg, Manitoba Canada R3E 2S8 http://www.keencomputer.com www.ias-research.com/blog
Right now the rates are pretty bad for contractors and freelancers in general. Though I am working on an assignment full-time the rates here in the New York metro area are down by about 30% or more. Nonetheless, IT is doing surprisingly well in this economy, so there is some hope that rates will return to a semblance of respectability for those of us who are in the consulting end of things...
Steve Naidamast Black Falcon Software, Inc. blackfalconsoftware@ix.netcom.com
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I work on JOOMLA/Magento/Ecommerce PHP sites- I charge 40-45/Perhour When I work on ASP.NET/DNN/Silverlight/Ecommerce- I charge 45/Hour All are in Canadian dollars. I need your feedback. Are they OK.
Tapas Shome System Software Engineer Keen Computer Solutions 1408 Erin Street Winnipeg, Manitoba Canada R3E 2S8 http://www.keencomputer.com www.ias-research.com/blog
For me it's hard to have one set price because different clients have different needs and level of complexity. Generally speaking, I charge a fix cost for any giving project, then a support/maintenance rate if needed. The biggest problem I experience is the fact that I sometimes get corporate clients, and then I get the guy that's working out of his brief case trying to sell a product. So my solution is to set 3 different brackets of price structure (low, Medium, High) I then evaluate each client, depending on size, complexity and needs. From there I determine my cost/rate per hour. So for example... a small website project would cost $700-$1,500, Medium/Standard 2,500 - 4,500, Larger projects starts at $5,550. Rates follow the same principle, Low, $35/per hr. Medium $45-55, High $85-120. So bottom line is it all depends on the client. I'm not going to charge Microsoft, $35 bucks an hour... nor would I charge some guy that barley has a concept going for a project $120/hr. And then there’s the type of project, i.e. ASP.NET projects get higher rates, than PHP projects... sorry PHP guys, I love php, but I still think ASP.NET is better IMHO. That's my policy. I’m interested to know what you guys think this system. Dwain Browne Web/Software Developer www.candevservices.com
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I work on JOOMLA/Magento/Ecommerce PHP sites- I charge 40-45/Perhour When I work on ASP.NET/DNN/Silverlight/Ecommerce- I charge 45/Hour All are in Canadian dollars. I need your feedback. Are they OK.
Tapas Shome System Software Engineer Keen Computer Solutions 1408 Erin Street Winnipeg, Manitoba Canada R3E 2S8 http://www.keencomputer.com www.ias-research.com/blog
Don't forget that you need to account for maintenance and the time to deliver. When a client needs something and he needs it right now, you will need to stop your other commitments and thus, you could be charging higher for that.
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I work on JOOMLA/Magento/Ecommerce PHP sites- I charge 40-45/Perhour When I work on ASP.NET/DNN/Silverlight/Ecommerce- I charge 45/Hour All are in Canadian dollars. I need your feedback. Are they OK.
Tapas Shome System Software Engineer Keen Computer Solutions 1408 Erin Street Winnipeg, Manitoba Canada R3E 2S8 http://www.keencomputer.com www.ias-research.com/blog
Being self employed means you have higher costs and have to provide benefits to yourself that are normally paid by an employer ... think medical insurance, disability insurance, life insurance, vacation, sick days, investments in hardware and software, etc. Plus, being self employed, at least in the US, you are subject to 15% self-employment tax. My rule of thumb for setting hourly rates is take your annual salary that you would receive from a normal employer for your job, add 50%, and then divide by 2000 hours (50 weeks/year * 40 hrs/week). You can adjust up or down depending up the project, the urgency of the project, the length of the project, special skills you have, etc. Generally for longer term (multi-month) contracts I generally reduce rates by about 5%. Also, for well defined projects, consider a fixed rate cost for the project. This option is usually well received by clients as they know their cost upfront. But be aware of project creep and have the contract stipulate readjustment of the fee if the client changes the spec too much, how the project will be deemed "complete", what is the final testing and acceptance procedure, and how on-going support and bug fixes are going to be handled. Someone in an earlier reply asked about how to get your first clients ... For me it has always been through a previously employer or via previous co-workers that went to other companies. So for someone considering becoming a self-employed developer trying to maintain good relationships with co-workers and former employers is a good first step as well as continuing to network with co-workers. Additionally, being a known quantity to the client can help with competing against out-sourcing to an unknown developer (or developers) in another country who may be cheaper. I have had one project that was specially due to fixing a poor inefficient (runtime and memory) implementation in a critical module written by junior/inexperienced developers from another country. Good luck. I hope this helps. ------------------------------------ Tim Moore http://www.linkedin.com/in/timothyphilipmoore