Live data from Hacker News

Ask HN: Freelancer Rates in the US

news.ycombinator.com

51–60 of 100 posts

Re: Ask HN: Freelancer Rates in the US

#51
post #3

Expected? Yes. Normal? Yes. Only thing there is out there? No. For every $30/hr posting on the net, there is another one for $100. I also personally know of folks who are making +$150 with Django. It really depends on who you work for. Although you will see a lot more of `build Uber for $5K` type of one off jobs, there are some reputable companies who need more capacity on new projects. If I were you I would cast a w…

Who pays >150? I always hear about this but neither as freelancer or as employee who hires freelancers I have ever seen somebody making that much as freelancer. Sometimes consulting companies charge that much but the freelancers probably get paid only a fraction of that.

when I get my own clients directly, and I'm closer to that. When I'm subcontracted through someone else, it's typically < $100 ($70-$90). I consciously make that trade off sometimes because I'm effectively outsourcing some of the risk - negotiations, collections, etc. And it's sometimes got me in to projects on teams whereas I'd normally be an independent, and the dynamics and range of engagements I've had has been a bit wider because of it. The $120/hr+ engagements I've had tended to be shorter engagements - (< 6 months). The subcontract ones tend to be longer. While I know if I'm getting $80, the people selling me are getting $110 or more, again, I understand they're providing some service that I didn't particularly want to do (or... negotiated for a 9 month engagement, for example).

Re: Ask HN: Freelancer Rates in the US

#52
post #45

fwiw my current billing rate is $300/hr. Full stack. Mostly web. 18+ years of experience. San Francisco. Clients all over the Bay Area.

Is that a high rate in SF? Can you bill a full month of it (160 hours) or are larger jobs at a different rate?

Frankly, I don't know if it's a good rate. I shoot for 80% utilization of my time. If I get busier than that, I raise my rate. So that's the simple algorithm that got me to $300/hr now. I don't think I'd want higher utilization than 80% anyway. You need time to do bizdev etc.

I used to kill myself with 60 hour weeks a long time ago though. That wasn't smart.

I've never had to lower my rate. There were lean periods where I was "between projects" for a couple of months. I just considered this a much needed time off to catch up on my reading list.

Re: Ask HN: Freelancer Rates in the US

#53
post #2

Like anything else you can find all ranges offered and all ranges accepted. I thought the exact opposite was the norm, with higher rates in US companies than UK/europe. Senior level rates in US range from 100-300/hr. I know it's a big range, but it comes down to speed, creativity, references, portfolio, fit for the project, availability. As far as the half the money as a 9-5, it's actually the other way around-- as a…

What “they say” is 75/hr, salary divided by 1000. I’m guessing you doubly applied the 2x factor.

May I ask how the calculation works? For $75/hr (to take California as an example) you have ~$105k after tax; subtract ~$5k for insurance and you're left with $100k. Whereas for $75k/year you're left with $56k/year after tax. Meaning that when you're on salary, you're pocketing 56% of the money you would as a freelancer. The only way I can make sense of this is if it's freelancers expect to bill around 25h/week... is that normal? And what happens if you have a job where both sides actually expect you're going to bill the full 40h? Is it normal for people to lower their rates in that case, or do they still base it on the 25h?

Re: Ask HN: Freelancer Rates in the US

#54
post #3

Expected? Yes. Normal? Yes. Only thing there is out there? No. For every $30/hr posting on the net, there is another one for $100. I also personally know of folks who are making +$150 with Django. It really depends on who you work for. Although you will see a lot more of `build Uber for $5K` type of one off jobs, there are some reputable companies who need more capacity on new projects. If I were you I would cast a w…

How much does somebody in this kind of field in the US pay in taxes? As for me (Germany) I have to basically give away half, such a posting would pay me basically like a very entry position after taxes.

Earned around $130k in consulting last year. After deductions/expenses, US federal taxes were around $8k. Now.. FICA was something else (which I can't remember offhand), and state tax was something like $3k. Federal/state taxes where ~$11k. health insurance - that was around $10k.

Re: Ask HN: Freelancer Rates in the US

#55

You will not find a standard range of freelancer rates, just as you won't find a standard range of developer salaries in the United States. The $20-30/hr job listing you shared will not attract any experienced Python developers. Experienced Python developers can easily secure jobs with $100K+/year salaries and benefits in any medium sized city. That job listing is searching for entry-level Python engineers who don't…

But that also means that these advertisements won't find any good developers. These super-low rates are clearly trying to scrape the bottom of the barrel.

The best bet is that these ads are aiming at developers from poorer countries where rates are much lower.

Re: Ask HN: Freelancer Rates in the US

#56
post #44

fwiw my current billing rate is $300/hr. Full stack. Mostly web. 18+ years of experience. San Francisco. Clients all over the Bay Area.

How do you find freelance opportunities in the Bay Area?

To simplify it, it's been:

1. Talk to people and sound like you know what you're talking about. In my (admittedly limited) experience, it's been "be opinionated, and be able to back up the opinions when challenged".

2. They mention opportunity for equity. You mention you only work for money. Sometimes they take you up on it.

3. Do a great job. They brag about you. This gets you more clients. But don't count on that. Ask for referrals.

4. Increase your rate as your utilization goes up.

Re: Ask HN: Freelancer Rates in the US

#57
post #3

Expected? Yes. Normal? Yes. Only thing there is out there? No. For every $30/hr posting on the net, there is another one for $100. I also personally know of folks who are making +$150 with Django. It really depends on who you work for. Although you will see a lot more of `build Uber for $5K` type of one off jobs, there are some reputable companies who need more capacity on new projects. If I were you I would cast a w…

Who pays >150? I always hear about this but neither as freelancer or as employee who hires freelancers I have ever seen somebody making that much as freelancer. Sometimes consulting companies charge that much but the freelancers probably get paid only a fraction of that.

If you have a name you can charge exorbitant rates for anything, and large companies will pay it. IAmTimCorey is somewhat of a YouTube celebrity with millions of views on pretty basic (but extremely well-made, all-around excellent) videos. His advertised consulting rate is $300/hr. To your second point, Oracle bills its consultants at $400/hr or more, and they're probably making $200-250k.

Re: Ask HN: Freelancer Rates in the US

#59
post #3

Expected? Yes. Normal? Yes. Only thing there is out there? No. For every $30/hr posting on the net, there is another one for $100. I also personally know of folks who are making +$150 with Django. It really depends on who you work for. Although you will see a lot more of `build Uber for $5K` type of one off jobs, there are some reputable companies who need more capacity on new projects. If I were you I would cast a w…

How much does somebody in this kind of field in the US pay in taxes? As for me (Germany) I have to basically give away half, such a posting would pay me basically like a very entry position after taxes.

As a Dutch freelancer, my marginal tax rate is a bit over 50%, but I think I've got way too many tax breaks and deductibles compared to regular employees. I'm not going to complain if they decide to cat some of those back a bit (thoug I'm sure other freelancers will).
Post reply on HN