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What should my UpWork rate be?

Last updated on September 24, 2022 @ 9:27 pm

It can be hard to determine an appropriate UpWork rate for your business. Factors to consider include the size, complexity, and duration of your project.

Additionally, you’ll want to consider your experience, qualifications, and extra services you provide.

Here are some general tips to help you set a ballpark rate:

PRO TIP: When setting your Upwork hourly rate, be sure to consider the level of experience you have in the relevant skill, the going market rate for that skill, and the amount of time you are willing to work. You may find it helpful to set a range rather than a single rate so that you can be more flexible in your pricing. Remember that you can always adjust your rate later if you find that you are not getting the work you want or if your skills have improved.

Start by calculating your total project costs. This includes both direct and indirect costs, such as software licenses and website design fees.

Then, subtract any overhead costs you incur, such as office rent, marketing expenses, and overhead personnel salaries.

Finally, divide your total project costs by the number of hours you estimate you will work on the project. This will give you an estimate for the hourly rate you should charge.

If you are not familiar with calculating hourly rates, you can use an online tool or consult with a professional.

Dale Leydon

Dale Leydon

Sysadmin turned Javascript developer. Owner of 20+ apps graveyard, and a couple of successful ones.