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Originally Posted by stevej
Huh. Would 'not too much detail' be not listing minutes?
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That and, not doing things like listing individual files worked on etc..
you definitely don't want to get any more granular than hours
Quote:
Originally Posted by stevej
Also, do you normally charge for "Administrative" time?
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If you don't, you could find that stuff consuming a big percentage of your time. It's the kind of thing that can average you down to minimum wage.
You don't charge for administrative time to be greedy or mean. For one, it's part of your work. Think of it this way, if you have a job and the boss says, you aren't going to be paid whenever there's a meeting, would you stay? would that be fair? of course not.
To clarify a bit: The upfront time you spend meeting with the prospective client, working on details, creating estimates, drawing up a contract, you are doing for free. It's no small amount of time.
One of the reasons contract workers charge so much is because they have to make up for that kind of time as well as time spent chasing contracts. Besides having to handle their own benefits, retirement, etc..
The common rule of thumb for pricing contract work is, take what you would make on salary, double it, and divide by 2000 (avg work hours in a year). You have to take your experience into account as well.
For example, a software engineer who earns $150K/yr salary, would charge $150/hr doing contract work.