Live data from Hacker News

Ask HN: Contractors, what is your hourly rate?

news.ycombinator.com

131–140 of 242 posts

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

#131
When I started out as a freelancer n10 years ago, I was aiming for € 70 per hour. My first gig was € 55, the next € 60, then € 67.5. And then suddenly it jumped to € 75, € 82, € 85, and I'm currently making € 95 per hour.

I just keep slowly increasing the rate until they stop hiring me.

Note, this is mostly for long in-house projects, where I'm part of a team working on a single project. I'm working roughly 32 hours a week.

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

#132
post #116

Earlier quoted context omitted.

Oh, to be able to charge by the hour would be such bliss as a lawyer. We charge by 0,1 hours: every 6 minutes need to be accounted for.

I've always thought that was weird. What is the underlying reason do you think? I get 6 minute phone calls, but to then pivot to another 6 minute+ task is too granular

Suspect 6 minutes being increment has more to do with being 1/10 of an hour (easy to calculate rate) & and as fine-grained as you can get without being so obnoxious you can't track.

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

#133
post #6

I would be particularly interested in hearing what "Full Stack Developers" charge in the UK. I recently started doing freelance/contract work but I'm not really sure what others similar to me change. (I'm particularly experienced (15 years) in Python/Django, JS/Vue, UI/UX)

Back in 2020, I was able to make £800 per day doing outside IR35 work. Similar level of experience but in TypeScript, React and Node. Working for an investment bank at the time; however you can get similar rates when working as a Tech Lead. At this rate, I was slightly outside of the normal range at lots of places. It helps if there is a Managing Director that knows you're decent as they can help to sign-off on highe…

I'm impressed that you managed to get an outside IR35 role with an investment bank in 2020. The rate looks decent or even a little above average for the industry as you say. However IME 100% of big financial firms went umbrella to avoid the IR35 risks that were about to arrive (even if those risks then got deferred by a year) so in reality what they were offering was more equivalent to something in the low £600s outside IR35. Getting £800 for an outside gig would have been a good win at that time.

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

#134

Earlier quoted context omitted.

Oh, to be able to charge by the hour would be such bliss as a lawyer. We charge by 0,1 hours: every 6 minutes need to be accounted for.

I love getting charged $75 for emails that just say “OK”

I do consulting, but not as a developer, more business growth/strategy.

I tell all my clients, you are not paying for my time spent on a specific task, you are paying for access to my 25+ years of experience, learnings, and contacts.

An email that just says "OK" might be the net result of a set of experiences and knowledge that would take the client 2 weeks and $2,000 to obtain on their own. $75 would therefore be a bargain.

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

#135
post #67

Earlier quoted context omitted.

> Would you want a 10.000USD or the 30.000USD surgery? I'd like to have the 0USD surgery, but maybe that's just my inner European.

We don’t have a VAT tax. Free just means you pay with other peoples money while they pay with yours.

Sure but we pay thousands of dollars in Insurance Premiums, copays, deductible and even then there is no guarantee. I would rather pay a VAT if that can give me peace of mind.

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

#136
post #118

Earlier quoted context omitted.

I see what you did there. When my fridge stopped working, I didn’t think it was cool.

Mine was the compressor last week. Daggum LG

Don't be so cold...at least it wasn't a Samsung...

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

#137
post #54

I charge around 75$/h for backend and devops work. I started at 42$/h two years ago. Increasing the rate at every contract. I usually only bill coding hours which is around 5h/day for me, but I realized that it is not a good strategy.

As someone that works 9-5 and looking into freelance, why > that it is not a good strategy ?

Because you have work to do that isn't coding.

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

#138

I would be particularly interested in hearing what "Full Stack Developers" charge in the UK. I recently started doing freelance/contract work but I'm not really sure what others similar to me change. (I'm particularly experienced (15 years) in Python/Django, JS/Vue, UI/UX)

With that kind of experience level and assuming your abilities are consistent with it I'd agree with others that around £600 is a reasonable target. That's assuming you're finding work through a recruiter who will mark up the end client rate but working outside IR35. If you're willing and able to find clients directly you can push the rate up a bit because there won't be that middleman taking a cut for a while. If you're working inside IR35 (which almost always means via an umbrella company these days) then rates more like £700-750 are a reasonable target.

The market has been taking a hit recently with all the uncertainty combined with the usual slowdown over the summer season so if you're looking today and you want a quick start then you might have to settle for less. But schools go back next week and everyone is back to work after holidays so then we'll find out how much of the drag has just been the usual seasonal slowness and how much might be with us for longer.

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

#139
post #84

Earlier quoted context omitted.

We don’t have a VAT tax. Free just means you pay with other peoples money while they pay with yours.

> Free just means you pay with other peoples money while they pay with yours. You've just described insurance

I think that was what the parent was pointing out: it's not a matter of if the surgery costs anything, but of how it is paid for.

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

#140
post #68

I have three rates. You are a charity, or other worthy cause, or someone I really want to work with - 50% - 100% discount. You are a normal client - 100%. You are either an arsehole or have asked for something very last minute - 150%-200% depending on the mood I'm in. The last one, colloquially known as the fuck-off rate, is probably the best bit of contracting advice I ever got from a colleague. He hated the gig we…

If you don’t charge by the hour and the half day unit is optional, what’s your recommended unit of time or work to measure by?
Post reply on HN