Freelance Writing Pay Rates: Hourly vs. Flat Fees
Posted by Admin Team on Wed, Apr 21, 2010 @ 10:00 AM
by Rebecca Smith Hurd
Q. Should I charge by the hour for freelancing or by project? What are the pros and cons?
A. Freelance writing fees are frequently non-negotiable. Many print publications and websites offer a fixed rate, either per-word or 
per-article, and contributors either take it or leave it. Sometimes, however, an editor will ask you what your rate is. This is when you'll need to decide whether to charge by the hour or the project. The best choice, seasoned professionals say, depends on you and the assignment in question.
"If I have a clear idea of the scope of something, I prefer a flat fee. I have a good idea of how much time it takes me to get things done and know roughly what I think my time is worth," says Mathew Honan, whose work has appeared in Mother Jones, Popular Science, Runner's World, Time and Wired. "However, if a project is really open-ended, or doesn't have fixed deliverables (such as copy to file at a certain word count by a certain date), it's probably smarter to be paid by the hour."
This is particularly true of research or consulting projects, Honan says. "I may not know exactly what I'm getting into until [I'm] knee-deep. For example, I helped a university edit a new catalog. There was no previous example for me to look at, nor did the client know what length the finish product was going to be, so I couldn't know in advance how much work it would require. In that case, I billed by the hour," he explains. "But if I'm doing something like reporting and writing a story, or editing a brochure, where I know more or less what the end result will be before I get started, I always want to know what my total take-home is going to be upfront."
Setting a fair rate — whether it's per word, hour or project — requires you to be realistic about your time, resources and overall ability to deliver quality material, to someone else's specification, on deadline. When determining your fees for any project, remember to factor in any expenses (phone calls, database fees, travel, etc.) you're likely to incur while completing the assignment. Ask the client to clarify any vague aspects of their request, to make sure you agree on the nature and scope of the work.
"When I'm offered a project I want, I do a happy dance, then get to figuring out how long I'll spend completing it," says Erika Stalder, who writes a teen advice column for ABCfamily.com
and has authored four works of nonfiction for Zest Books. "I consider research, writing, expenses, image sourcing and editing. Then I set a fee at my hourly rate, plus a built-in buffer."
For instance, if she estimates the work will take 40 hours, Stalder sets a rate at 40 hours plus a few additional hours "just in case I go over," she explains. "This prevents me from getting sucked into over-researching, overspending or overworking. The little buffer I create also gives me a challenge: If I meet my original hourly estimate, my overall hourly pay goes up, which can mean extra money for fun or my retirement (something we freelancers have to provide for ourselves). If I go over my estimate, the padding ensures I haven't overworked and screwed myself out of my hourly rate."
Project fees force Stalder to budget her time in advance, she says, which allows her to schedule new assignments without interfering with other projects she's already working on. It also helps her maintain work-life balance by preventing her from overbooking.
Other freelance writers prefer to charge hourly, especially when they suspect that a particular job may require multiple rounds of revisions or lead to additional requests. "If you've agreed on a set project fee, often the client will assume that additional work is included. So they get more work for no additional pay — and you get the short end of the stick," says Clare Kleinedler, a food and travel writer who's reported for Intermezzo, the Los Angeles Times and People and does copywriting work for eHarmony, MySpace and Zynga. "Hourly rates help avoid any confusion. It's much easier to convince a client that the extra hours were necessary (hence a higher invoice than what they may have expected) than it is to convince a client to renegotiate a set fee halfway through the project."
When taking on an assignment, Kleinedler specifies what her hourly rate will and will not cover. "Anything beyond the second round of revisions gets billed at our agreed hourly rate," she says. "'Additional work' means anything that wasn't covered in the project's scope at the beginning, because often clients will read my draft and then decide to go in a different direction — not because of anything I did wrong, but because they're working it out as they go — or request additional pages or sections."
As an example, she adds: "I once did five direct-mail post cards for a perfume company. They were happy with my work, but decided they wanted to change the subject matter of two of the cards, which meant I'd have to start them from scratch. I made it clear that I would bill them for the additional work, so that they wouldn't assume it was included in my original quote. Most clients have no problem with this, and the ones who do are just trying to take advantage of you!"
Whether you're charging by the hour or by the project, if you think an assignment will be more trouble than it's worth, your best course of action is to turn it down — and use the time to pursue another one that truly deserves your time and energy.
Do you have a question about freelancing? Ask Writing Coach.