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The person described is a "senior business analyst", reportedly making good money, but decides to work on MTurk, doing menial tasks, to help offset extra costs (diapers, etc.) of a baby that was born. This sounds insane to me. Almost anything else sounds better: reduce expenses, figure out if he can get more responsibilities and a raise, even get a low % credit to pay for those diapers for a year, etc. . Is this just me? This is an honest question. |
Mechanical Turk generally sucks as a substitute for a regular job, but can make sense as supplemental income, even at nominally very low hourly pay. If you work 8 hours at $10/hour but have a 30 minute commute, you are really getting $80 for 9 hours of your time. That actually puts you below $9/hour to think of it that way.
If you do freelance work, iirc, freelancers chase their pay about 40% of the time. That also drives their real wages down. Plus, there is time involved in getting each assignment.
I have read that you can expect to do one unbillable hour for every billable hour, so you need to charge at least twice as much to make the same wage. Plus, for jobs with benefits, roughly half your compensation can be in the form of benefits.
So freelancers should charge four times as much as the hourly rate they would accept at a salaried job with benefits.
But if you already have benefits and just want to supplement your income, you can accept half as much. If you can eliminate some of the time burden of freelancing, you can halve it again.
Looked at that way, $2/hour is potentially the equivalent of $8/hour as supplemental income. And you can fit it in to otherwise useless scraps of time.