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Re: What's a good freelance rate for technical writers?
Subject:Re: What's a good freelance rate for technical writers? From:"Michael L. Wyland" <michael -at- sumptionandwyland -dot- com> To:techwr-l -at- lists -dot- techwr-l -dot- com Date:Tue, 13 Sep 2011 15:44:38 -0500
To all:
Follow-up thoughts about setting prices and what the market will bear:
1) Not long after starting my consulting business, I learned that
there was a wide spread in quoted prices for work performed by print
shops. The wide spread was due, in part, to the print shops'
respective work loads and capacities; the more capacity, the lower the price.
2) Urgency is one factor that moves prices upwards. When a client
is casual about a job, they can and often will hold out for a low
price. On the other hand, when the job us urgent, they will seek the
most reliable producer and pay for the privilege of having high
expectations met.
3) One market where pay is moving downward rapidly is in higher
education. The explosion in use of "adjunct faculty" by all kinds of
colleges and universities has become so prevalent that the percentage
of US faculty either tenured or in "tenure track" positions has been
reduced by 50% in the last 25 years. "Adjunct faculty" teach a
course or two a semester for about a third the salary of a full-time
instructor and receive no fringe benefits.
I was reminded of the last point specifically when thinking of Mark's
original question. He's leaving employment and being asked to quote
a freelance rate should his soon-to-be former employer wish to retain
him as a contractor. However, a rate sufficient to match his
employment salary and benefits package is seen by the employer as
excessive compensation for a contractor.
Of course, the employer probably doesn't understand that their
employee costs are probably twice the base salary paid; they make a
false comparison between base employment salary and gross contractor rate.
Sometimes, a client can be made aware of some of these facts and,
sometimes, their awareness may influence contracts positively. Even
when it doesn't help a particular situation, the conversation is
between two businesspeople and not between an employer and an
employee, or , God forbid, between a benefactor and a supplicant.
Michael L. Wyland
Sumption & Wyland
818 South Hawthorne Avenue
Sioux Falls, SD 57104-4537
(605) 336-0244
(605) 336-0275 (FAX)
(888) 4-SUMPTION (toll-free)
michael -at- sumptionandwyland -dot- com
Since 1990
Strategic Planning * Executive Coaching * Training & Facilitation
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