How to use the Freelance Rate Calculator.
A freelance rate depends on billable capacity, not every hour in a working year. Include nonbillable time and make cost assumptions visible.
Make the workflow fit your task.
Estimate realistic billable capacity after nonbillable work and time away, then divide the stated income-and-cost target by those hours. Show included and excluded assumptions so the rate is a planning figure.
- What you provide
- Income goal, expenses and billable capacity.
- What you get
- Rate model with visible assumptions and arithmetic.
See the input and the result.
Illustrative input and output · a teaching example, not a live WebAct run
Example input
Annual income and costs target: $60,000; planned billable hours: 1,000.
Completed example
Illustrative rate: $60 per billable hour, before any assumptions not included in the target.
Load this input into the prompt, then copy it to WebAct to try the task. Your result may differ from the illustration.
Decisions and troubleshooting.
Should I divide my target by every working hour in the year?
Use expected billable hours. Administration, sales and time away reduce the hours available to charge clients.
Why does the suggested rate fail to cover actual costs?
Check omitted expenses, unpaid time and utilization assumptions. Recalculate when the target or billable capacity changes.
Try it with your own source.
Replace the example with your material in the task prompt. Keep the requirements you need, then copy the task into WebAct.
Customize and copy the task ↑