How Much Should a Freelancer Charge Per Hour?
At first glance $1/hour payout for a freelance data entry provider is better than most office clerical jobs that are offered full time. One can just make a quick computation of how lowly paid an employed worker is by just taking the total monthly salary divided by the number of hours spent on the job each month. But, is being a freelance data entry provider better than being employed as a data encoder or clerk in a huge multinational company?
In getting self-employed, there are other important factors which must be taken into account. Success in freelancing means that one must be able to understand one’s personal and business cash flow – the resulting hourly rate should be competitive as well as still make a good living.
Look at the Freelance Job Marketplace Rates First!
Typical rates of data entry providers run anywhere from $1 to $5 per hour on many freelance sites: most offers seem to favor hiring to those who are willing to take the lowest $1 per hour rate. Personally, I didn’t think this kind of pay is enough for the freelance data entry provider to live comfortably – which is further confirmed with the estimate I had outlined below (assuming that the freelancer is honest and wants to update all contributions).
This computation assumes a single freelancer living alone without any dependents and doesn’t even need to rent a place to stay. continue reading »



