If you're about to start, won't your day rates already be defined in the contract?
this post was submitted on 28 Oct 2023
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Pricing is a challenge, but when you get it right, you get it right.
Keep in mind that you will be paying the employers side of the taxes along with anything else required to keep your business moving. Make sure you calculate that into the rate.
It sounds like your rate is not set yet. That is good, you have time to research and prepare. Do not go into that meeting without your ideal number locked in your head.
Before the meeting, do your research on the company and make sure you can answer these questions (to yourself, but use them as ammo during your discussions if it comes up).
- How big is the company?
- What is the current revenue?
- How big is the problem you are helping them solve (does it make them more money, save money, or save time?)
- What value do you bring that no one else brings?
- What do people of similar experience charge?
When you know the value that you are providing you can come in much more informed for the rate discussion. If you do not come in with your own standards, the company is going to set them for you and they will be what is best for that company, not you.
Know your value.
I have been doing freelance for the past 11 years. The last 2 have been mostly as a consultant/advisor for tech companies. When we have the rate discussion I am direct about the problems I will help them solve along with my value. I rarely get a no (but still do sometimes and that is healthy, if you only get yes then you are charging too little).
Now I am branching off into helping other devs make more money as freelance consultants. I write about everything I have learned over on my newsletter, I know it would help you now and later on down the line!
How did you land a client? I have a software job but the boss always micromanages me and its very unreliable. I am almost putting in 10-12 hours a day 5 days a week. I also want to start something similar but not sure where to look for clients?
Hey, sounds like a tough situation. In my case someone I previously worked with told me about this and asked if I'm interested, he also knows the client so it's pure luck I guess. Can you try communicating with your boss and tell him/her that you feel uncomfortable because of how you are treated? Also don't stop searching for a new job meanwhile..