What Is My Day Rate?

A simple tool to calculate your freelance rate

5.0/5
About

5 Reviews
Laura Kinnard
Melanie Lajeunesse
Benjamin Durin
 +6 reviews
  • Steven Diffey
    Steven DiffeyProduct Programme Manager
    Pros: 

    Simple to use.

    Not trying too hard to cross-sell.

    Cons: 

    Doesn't account to dividend taxes

    This is ideal for anyone moving into freelancing or for validating your existing dayrate. I think that there's opportunity to extend the functionality to account for taxes.

    Steven Diffey has used this product for one day.
  • Rob Tìgeir
    Rob TìgeirThinking good
    Pros: 

    Simple, customisable and it explains how the sums work.

    Cons: 

    None

    A really simple way to calculate your gross daily/hourly rate dependent on what gross annual income you want.

    Thankfully doesn't try and allow for income tax as that's between you and your state, not you and your client and I'm really not interested in ploughing through questions about my marital status, pension contributions, whether this is my only job, deductibles etc that would be needed to include tax.

    Rob Tìgeir has used this product for one day.
  • Laura Kinnard
    Laura KinnardOwner, Strategist
    Pros: 

    Simple to use and the math makes total sense!

    Cons: 

    None! Just wish all potential clients understood this logic!

    Great calculator that any entrepreneur should also consider when they are thinking about their time and what it is worth!

    Laura Kinnard has used this product for one day.
  • Asher Harris
    Asher HarrisMarketing Manager @ BuzzRamp
    Pros: 

    Simple, easy to use.

    Cons: 

    None

    Love it, I'm adding into my list of tools for financial planning :)

    Asher Harris has used this product for one day.
  • Pros: 

    Simple and straightforward. A great tool to use to get started.

    Cons: 

    Not off the top of my head.

    Great breakdown of how the rate is formulated (bonus, benefits, sick/PTO)

    Michelle Urban has used this product for one day.