#pricing
2 articles
Why $40/Hour as a Freelancer Is a 30% Pay Cut From Your Old Salary
$75K salary ÷ 2,080 hours ≠ $36/hour freelance equivalent. Bake in self-employment tax, lost benefits, and 35% non-billable time, and the equivalent rate climbs to $100/hour. Here's the breakdown.
The 4-Step Freelance Pricing Formula (with Project Rate Conversion)
Most freelancers pick a number that 'feels right.' The right number is a calculation: take-home target → required gross → billable hours → hourly rate. Plus the 20% scope-creep buffer that turns hourly into project rates.