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by sgt101
3985 days ago
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Will you be able to deliver to other clients in the same period? If not then you are working for ~28kpa which is low, and given you are freelance pretty unfair (because the reality is that you will be unlikely to get close to that on those rates. Realistically if you have some experience you can expect (outside London) to earn ~40k pretty easily (and much more if you are good/prepared not to do the easy stuff) Given you are freelance my view is that you can ask for a 10% premium to cover sickness and fallow periods. So aim for 44k so I think that £4700 would be a fair quote (low end) for this job. Of course this assumes that the work can be done in 5 weeks on 40 hr weeks. If in fact you will need to work 60hrs a week you need to be asking 50% more ~£7k |
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That is extremely low and, IMHO, not even close to what you'll need to make freelancing viable.
My rate is about 100% more than my former FT salary expressed as an hourly rate and it wouldn't make sense for me to freelance for much less than that. Remember all of the hours that you are not getting paid, looking for leads and doing admin work. Also you don't receive benefits as a freelancer.