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Ask HN: Contractors, what is your hourly rate?

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11–20 of 242 posts

Re: Ask HN: Contractors, what is your hourly rate?

#11

I think this might also depends on the duration and the nature of the contract work but perhaps you can consider increasing your rate as a way of filtering out jobs when you start getting more jobs than you can handle.

This is advice I give contractor friends frequently. Too busy? Raise your rate until you are winning fewer jobs but making the same amount. Or working less for more money.

My observation having gone through this several times over 15+ years of contracting: perhaps counter-intuitively, the clients you retain and the new ones you acquire at your increased rate will treat you and your time with more respect. I don’t have a solid unifying theory on why this is beyond that your rate as compared to expectations is directly correlated with clients’ impression of your value.

Re: Ask HN: Contractors, what is your hourly rate?

#13
In Canada contractors who work for the recruiters who supply resources to the Canadian government can expect these kind of rates: Experienced DBA ~$80/hour System Analyst/Platform Analyst ~100/hour Security Assessor or Practitioner from $115 to $125/hour

Front end developers who know a JavaScript framework, Power BI developers and anyone with cloud experience are in demand at top rates.

Then there are the gold ring jobs that pay over $200/hour. An example might be a subject matter expert on deploying Splunk, CyberArc or Sailpoint at an enterprise level. Usually you are working for a name brand consulting firm.

The recruiters add 30% to your rate and pay you net 30. Direct contracts with the government are possible but tend to be more short term

Re: Ask HN: Contractors, what is your hourly rate?

#14
My most recent bill rate was $177/hr for a LT gig, doing performance optimization and FE web arch. But I'm an outlier; $100/hr is a commonly-cited budget cap for similar contracts. Higher effective hourly rate is feasible w/ fixed-price / value-based projects (more "strategic consulting", less "contract worker"), but it entails risk.

Re: Ask HN: Contractors, what is your hourly rate?

#15
post #7

The best advice I ever got about freelancing was to increase my rate for every job and keep on doing that until people refused to hire me. How else can you figure out what you're worth?

Would that not end up hurting your reputation after a while?

Re: Ask HN: Contractors, what is your hourly rate?

#18
Follow Jonathan Stark and listen to ditching hourly. At the time I triple my income instantly following his advice. He will change the way you think.

The tech doesn't matter, you need to solve your client's problem. If it is painful and you have the right clients you can get a lot of money.

Re: Ask HN: Contractors, what is your hourly rate?

#20
post #7

The best advice I ever got about freelancing was to increase my rate for every job and keep on doing that until people refused to hire me. How else can you figure out what you're worth?

Would that not end up hurting your reputation after a while?

only with the now 'cheap' clients :) at some point you are in a different league. gotta keep moving and growing.

but in actuality, no, unless you have a social group where all your old clients get together and mingle. my clients do not know the other ones exist, for the most part.

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