With this in mind, Harry’s top tips when it comes to pricing your work are:
1. Work out your day rate
Calculate your expenses – rent, bills, food and so on – for example, £1600. Then, work out how regularly you can get work – ten days a month? – and work backwards from there. For ten days of work, you’d need to charge £160 per day to cover the bare minimum, so you would want to make it up to £200 to cover extra costs like savings and work upwards from there depending on your experience. My current day rate is about £300 to £400.
2. Calculate how long it will take
In addition to the above, the most basic formula for working out your project fee is working out how many days it will take, add another 20% or so in case the project drags on or you need to buy some things like materials, digital assets, or fonts.
3. Get a contract from the client or download a template online
It’s boring and weird to be official but it means things can be way more informal and easygoing from that point onwards. It’s the most consistent way to get fairly paid, I promise!