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Old 06-02-2010, 09:20 PM   #1 (permalink)
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Default Contractor Rate

Hey All,

I might be on the brink of earning my first contract project for an iPhone app. I'm just wondering what tends to be the hourly rate for a contractor these days? I've only ever held full-time jobs.

Since it's my first contract I expect that the rate won't be as high as someone more experienced, but I do have other experience and I'm a very competent SE. This ain't my first rodeo, cowboy... just my first contract.

Thanks!
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Old 06-02-2010, 10:13 PM   #2 (permalink)
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Quote:
Originally Posted by Avocado View Post
Hey All,

I might be on the brink of earning my first contract project for an iPhone app. I'm just wondering what tends to be the hourly rate for a contractor these days? I've only ever held full-time jobs.

Since it's my first contract I expect that the rate won't be as high as someone more experienced, but I do have other experience and I'm a very competent SE. This ain't my first rodeo, cowboy... just my first contract.

Thanks!
First contract? 40 - 80/hr. Seeing as the cream of the crop can make 150/hr for complex jobs, 40 min is a good starting point, but don't under sell yourself, you can always discount later, but you can never raise once you're doing a job, remember that.
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Old 06-03-2010, 02:31 PM   #3 (permalink)
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Quote:
Originally Posted by Avocado View Post
Hey All,

I might be on the brink of earning my first contract project for an iPhone app. I'm just wondering what tends to be the hourly rate for a contractor these days? I've only ever held full-time jobs.

Since it's my first contract I expect that the rate won't be as high as someone more experienced, but I do have other experience and I'm a very competent SE. This ain't my first rodeo, cowboy... just my first contract.

Thanks!
Agreed, I'd maybe bring the low end up a little... say 50-80.
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Old 06-03-2010, 09:36 PM   #4 (permalink)
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Just remember too if this is your first contractor job, $50 = $30 after taxes. You have to pay double for self-employment taxes because in a normal job, you pay 1/2 and your employer pays 1/2.

Also remember full-time employment also includes health care, retirement, vacation, etc. So your number as a contractor should account for that, even if you don't do any of the 3.

Finally, I say location matters. Midwest isn't go to pay 150/hour. East coast/west coast could.
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Old 06-03-2010, 09:45 PM   #5 (permalink)
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Just remember too if this is your first contractor job, $50 = $30 after taxes. You have to pay double for self-employment taxes because in a normal job, you pay 1/2 and your employer pays 1/2.

Also remember full-time employment also includes health care, retirement, vacation, etc. So your number as a contractor should account for that, even if you don't do any of the 3.

Finally, I say location matters. Midwest isn't go to pay 150/hour. East coast/west coast could.
you would be lucky to get $150/hour on the west coast... very lucky indeed.
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