Showing posts with label wages. Show all posts
Showing posts with label wages. Show all posts

Wednesday, July 1, 2015

How much am I worth - how to calculate your hourly rate.



I often get asked ‘how much should I be charging for my time’?

If you were looking to become a hairdresser, lawyer, plumber or florist, I could probably tell you roughly what you could expect to earn or at least point you towards internet guides that gives this type of information. Unfortunately the job title Balloon Artist is not listed on any of these guides.

I would imagine that if you are reading this blog, you are self-employed or considering becoming self-employed. Working out what we should charge for our time is very much our own decision but having a guide to help us especially when we first start out would be helpful.

So what is our job? Knowing what our job is and entails will help us to determine what we are worth. Are we an event decorator, party planner, retailer, entertainer or all of these? Questions such as “are we qualified, have we invested in our art”, will also help to determine how much we can charge. Can someone just starting out without any experience or training expect to earn the same as someone who has many years of experience and is very well trained?