51–60 of 123 posts
I'm a ruby contractor working in London, charging £400 per day, but I know others that are charging £500. Having such a high day rate means that I can afford to work part time as to have enough time to work on side projects too. I earned just shy of £50k last year, not all the time was part time so this year will probably be less.
Any tips you can share on how you achieved that position?
Earlier quoted context omitted.
They aren't anymore. I've lived both in Poland and countries in western EU, Netherlands be one example, and honestly everyday product prices are very similar. The major difference is housing although Poland is very similar to Berlin housing wise, now compare the average salaries...
Berlin is a bit of a special case though. Living expenses are very low compared to other "rich" EU countries.
As a devops contractor I earn north of 500gbp/day and I have a 1 year contract. Imagining I take a week or two off this year then that works out to about 200k usd How to achieve this? Find a gap in the market, upskill in it, don't be shy about asking for more money than you think the client will offer you (if they're desperate, they will pay)
I turned over ~$80k in my first year freelancing. This year will be substantially higher. Battling against imposter syndrome and finding out how much your worth to a company/business is one of the hardest things about freelancing. I still today believe I'm undercharging for my skill set. Especially when I compare my ability/experience to those I'm working with who are earning a similar amount of money. At the same ti…
What about your time? When I was 'freelancing' I couldn't resist piling on hours. I might have stuck with it longer if I could've resisted that temptation (to work all of the time).
Raise you rates and cull some of that work. I know, it's easier to say than do.
First year of freelancing, so I can only give a projected income, but it should be accurate as I'm on a long term contract until the end of the year: $80k. It's been a very variable year of course. I consider myself as having had a successful year, but I think most people not on long term contracts will have highly variable monthly incomes. My lowest monthly income: EUR 457 (in January too. That month was difficult).…
Beware of having only a single long term contract, please diversify. If your contract ever falls through you need instant back-up, not after the 3 months or so that it will take to get your order pipeline filled. You need several customers in parallel to be stable as a freelancer, not one big one.
Without taking location into consideration, this is probably not going to be a very useful poll, I suspect.
Earlier quoted context omitted.
Any tips you can share on how you achieved that position?
I was doing Perl. I assume it's pretty similar: go to jobserve.com, type in Ruby contractor, hit enter.
Edit: Wrote this before coffee. Thought we were talking hourly rates. Nevermind.
First year of freelancing, so I can only give a projected income, but it should be accurate as I'm on a long term contract until the end of the year: $80k. It's been a very variable year of course. I consider myself as having had a successful year, but I think most people not on long term contracts will have highly variable monthly incomes. My lowest monthly income: EUR 457 (in January too. That month was difficult).…
Beware of having only a single long term contract, please diversify. If your contract ever falls through you need instant back-up, not after the 3 months or so that it will take to get your order pipeline filled. You need several customers in parallel to be stable as a freelancer, not one big one.
I'm a ruby contractor working in London, charging £400 per day, but I know others that are charging £500. Having such a high day rate means that I can afford to work part time as to have enough time to work on side projects too. I earned just shy of £50k last year, not all the time was part time so this year will probably be less.
As a devops contractor I earn north of 500gbp/day and I have a 1 year contract. Imagining I take a week or two off this year then that works out to about 200k usd How to achieve this? Find a gap in the market, upskill in it, don't be shy about asking for more money than you think the client will offer you (if they're desperate, they will pay)
How does that work out after tax ? I imagine 200k USD would attract a ton of tax. Is there a more tax efficient way to structure it ?