{"id":4143,"date":"2022-09-29T13:26:31","date_gmt":"2022-09-29T13:26:31","guid":{"rendered":"https:\/\/www.perfectlancer.com\/blog\/?p=4143"},"modified":"2022-10-03T09:12:24","modified_gmt":"2022-10-03T09:12:24","slug":"figure-out-freelance-salary-with-4-easy-steps-comprehensive-guide-faq","status":"publish","type":"post","link":"https:\/\/www.perfectlancer.com\/blog\/figure-out-freelance-salary-with-4-easy-steps-comprehensive-guide-faq","title":{"rendered":"Figure out freelance salary with 4 easy steps [Comprehensive Guide + FAQ]"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_34 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><label for=\"item\" aria-label=\"Table of Content\"><i class=\"ez-toc-glyphicon ez-toc-icon-toggle\"><\/i><\/label><input type=\"checkbox\" id=\"item\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1'><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.perfectlancer.com\/blog\/figure-out-freelance-salary-with-4-easy-steps-comprehensive-guide-faq\/#What_is_Freelancing\" title=\"What is Freelancing?\u00a0\">What is Freelancing?\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.perfectlancer.com\/blog\/figure-out-freelance-salary-with-4-easy-steps-comprehensive-guide-faq\/#How_Much_Does_a_Freelancer_Earn\" title=\"How Much Does a Freelancer Earn?\">How Much Does a Freelancer Earn?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.perfectlancer.com\/blog\/figure-out-freelance-salary-with-4-easy-steps-comprehensive-guide-faq\/#Finding_a_Job_as_a_Freelancer\" title=\"Finding a Job as a Freelancer\">Finding a Job as a Freelancer<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.perfectlancer.com\/blog\/figure-out-freelance-salary-with-4-easy-steps-comprehensive-guide-faq\/#The_Real_Deal_About_Freelancer_Wages\" title=\"The Real Deal About Freelancer Wages\">The Real Deal About Freelancer Wages<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.perfectlancer.com\/blog\/figure-out-freelance-salary-with-4-easy-steps-comprehensive-guide-faq\/#How_to_figure_out_freelancer_salary_for_where_you_work_4_easy_steps\" title=\"How to figure out freelancer salary for where you work (4 easy steps)\">How to figure out freelancer salary for where you work (4 easy steps)<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.perfectlancer.com\/blog\/figure-out-freelance-salary-with-4-easy-steps-comprehensive-guide-faq\/#1_Know_the_market_rate_for_your_skillset\" title=\"1. Know the market rate for your skillset\">1. Know the market rate for your skillset<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.perfectlancer.com\/blog\/figure-out-freelance-salary-with-4-easy-steps-comprehensive-guide-faq\/#2_Use_job_listings_to_find_the_average_salary\" title=\"2. Use job listings to find the average salary\">2. Use job listings to find the average salary<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.perfectlancer.com\/blog\/figure-out-freelance-salary-with-4-easy-steps-comprehensive-guide-faq\/#3_Check_out_online_resources_and_ads\" title=\"3. Check out online resources and ads\">3. Check out online resources and ads<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.perfectlancer.com\/blog\/figure-out-freelance-salary-with-4-easy-steps-comprehensive-guide-faq\/#4_Find_out_what_benefits_are_offered_by_companies_in_your_area\" title=\"4. Find out what benefits are offered by companies in your area\">4. Find out what benefits are offered by companies in your area<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.perfectlancer.com\/blog\/figure-out-freelance-salary-with-4-easy-steps-comprehensive-guide-faq\/#What_factors_influence_freelancer_salaries\" title=\"What factors influence freelancer salaries?\u00a0\">What factors influence freelancer salaries?\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.perfectlancer.com\/blog\/figure-out-freelance-salary-with-4-easy-steps-comprehensive-guide-faq\/#Final_Tips_for_Finding_Great_Freelance_Work\" title=\"Final Tips for Finding Great Freelance Work\">Final Tips for Finding Great Freelance Work<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.perfectlancer.com\/blog\/figure-out-freelance-salary-with-4-easy-steps-comprehensive-guide-faq\/#The_bottom_line\" title=\"The bottom line\">The bottom line<\/a><\/li><\/ul><\/nav><\/div>\n<p><span style=\"font-weight: 400;\">The freelancer market is snowballing, and it\u2019s now easier than ever to take the leap and ditch your desk for a day job. However, with this new sense of freedom comes a host of new challenges.<\/span><\/p>\n<p><b>As a freelancer, you will be responsible for figuring out how much you should charge, managing your taxes (which we have explained completely in our <a href=\"https:\/\/www.perfectlancer.com\/blog\/what-is-freelancing-an-ultimate-guide\">ultimate guide for freelancing<\/a>), and covering your healthcare costs. But before you throw in the towel on that 9-to-5 job, look at these tips on figuring out the average freelancer salary where you live.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">It won\u2019t be easy, but knowing the going rate might make things easier. First, let\u2019s look at some critical points that every freelancer might overlook.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_is_Freelancing\"><\/span><span style=\"color: #ff6600;\"><b>What is Freelancing?\u00a0<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Freelancing is the practice of flexible employment. It\u2019s when a person works as an independent contractor for various clients on a freelance basis. Most freelancers supplement their income because they don\u2019t have full-time jobs or want to pursue their projects.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Freelancing has become such an attractive option for several reasons. For starters, it\u2019s usually flexible. You can work whenever you want, wherever you want, and on whatever projects you choose. It\u2019s an excellent option for those who have a full-time job but also want to freelance part-time. It can also be a good choice for those who wish to increase their income by taking on additional projects. To find out what freelancing is in detail, read this <\/span><a href=\"https:\/\/www.perfectlancer.com\/blog\/what-is-freelancing-an-ultimate-guide\"><span style=\"font-weight: 400;\">freelancing guide<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_Much_Does_a_Freelancer_Earn\"><\/span><span style=\"color: #ff6600;\"><b>How Much Does a Freelancer Earn?<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">There are a lot of freelancing opportunities out there, and it can be hard to know where to begin. This is why we\u2019ll start by looking at how much a freelancer can expect to make. We don\u2019t want to get you all riled up about earnings too quickly, so let\u2019s start with a few facts. <\/span><b>First, it\u2019s important to note how much money you can expect to make as a freelancer depends highly on the type of freelancing opportunity you choose. You won\u2019t make the same amount of money if you choose to freelance as a graphic designer, for example, as you would if you decided to freelance as a lawyer.\u00a0<\/b>Also, <a href=\"https:\/\/www.perfectlancer.com\/blog\/what-should-be-hourly-rate-on-freelancer-for-beginners\">setting rates as a beginner freelancer<\/a> is another challenge that you will face after choosing your freelancing field.<\/p>\n<p><span style=\"font-weight: 400;\">Next, it\u2019s essential to consider where you work. You can expect to earn even more if you work from home. You may want to consider working from a co-working space or office to achieve a higher salary. <a href=\"https:\/\/gigly.com\/blog\/home-office-essentials\">Setting up a home office for freelance work<\/a> is another option to be productive and concentrative.\u00a0 Finally, evaluating your experience level and the type of work you do is paramount. If you\u2019re just starting, you\u2019ll likely be able to earn less.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Finding_a_Job_as_a_Freelancer\"><\/span><span style=\"color: #ff6600;\"><b>Finding a Job as a Freelancer<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Now that you know a little more about how much you can expect to earn, let\u2019s talk about finding <\/span><a href=\"https:\/\/www.perfectlancer.com\/freelance-jobs\"><span style=\"font-weight: 400;\">freelance jobs<\/span><\/a><span style=\"font-weight: 400;\">. The best way to find work as a freelancer is to research online job boards. You can also look for local events that list freelance opportunities.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">During these events, you can meet with companies hiring freelancers and possibly earn a gig. You can also go online and search for freelance gigs. Depending on what kinds of gigs you\u2019re interested in, you may be able to find a lot of opportunities right away.<\/span><\/p>\n<p><strong>See also: <a href=\"https:\/\/www.perfectlancer.com\/blog\/7-online-courses-that-get-you-ready-for-a-freelancing-job-in-2020\">7 Online Courses That Get You Ready For a Freelancing Job in 2022<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_Real_Deal_About_Freelancer_Wages\"><\/span><span style=\"color: #ff6600;\"><b>The Real Deal About Freelancer Wages<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">As with any job, some freelancing opportunities pay more than others. Still, it\u2019s important to remember that the real deal about freelancer salaries doesn\u2019t just pertain to full-time employees. Freelancers are just as crucial in today\u2019s world and deserve the same respect. And, as you\u2019ve seen, they can earn a living by working from home. With that in mind, what do you need to know about freelancer salaries? Here are a few things you should keep in mind:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Pay depends on factors such as work type and experience level.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Freelancer salaries can vary significantly based on location due to the vast <a href=\"https:\/\/www.globenewswire.com\/news-release\/2022\/03\/07\/2397843\/0\/en\/Freelance-Platforms-Market-Size-and-Share-2022-Research-Report-by-Growth-Rate-Development-Status-and-Forecast-to-2027.html\">freelance platforms market size<\/a>. <\/span><\/span><span style=\"font-weight: 400;\">In some areas, they can be much higher than in others.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Some freelancers have the option to work as independent contractors. In these cases, you can expect to make more money.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Some of them also have the option of being paid an hourly wage.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">They may also have the option to be paid in project-based compensation.\u00a0<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"How_to_figure_out_freelancer_salary_for_where_you_work_4_easy_steps\"><\/span><span style=\"color: #ff6600;\"><b>How to figure out freelancer salary for where you work (4 easy steps)<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: center;\"><img class=\"alignnone size-full wp-image-4145\" src=\"https:\/\/www.perfectlancer.com\/blog\/wp-content\/uploads\/2022\/09\/how-to-figure-out-freelancer-salary-for-where-you-work.jpg\" alt=\"how-to-figure-out-freelancer-salary-for-where-you-work\" width=\"800\" height=\"450\" \/><\/p>\n<p><span style=\"font-weight: 400;\">As you\u2019ve seen, earning a great living as a freelancer is possible. However, it requires research, strategic thinking, and hard work. With that in mind, are you ready to start looking for freelance work? Let\u2019s browse through some of the proven ways that you can use to figure out the average freelancer&#8217;s salary.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Know_the_market_rate_for_your_skillset\"><\/span><span style=\"color: #ff6600;\"><b>1. Know the market rate for your skillset<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">As a freelancer, you will be expected to know the average salary for your skill set. This will make you more informed when it comes to negotiating a salary and also help you decide if it\u2019s worth making the jump to a freelancer. It&#8217;ll be difficult to price your services if you don\u2019t know what skill sets are in high demand.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To find out what skill sets are in high demand, do some research into market trends. What types of services are companies paying top dollar for? What kinds of skills do companies need but aren\u2019t getting enough of? What trends are affecting the market currently? These critical questions will help you better understand what salary you should aim for.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Use_job_listings_to_find_the_average_salary\"><\/span><span style=\"color: #ff6600;\"><b>2. Use job listings to find the average salary<\/b><\/span><b><\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">If you\u2019re struggling to find the average salary for your skill set, you can use job listings to find an average for your desired position. You can use job listings to find the average salary for several roles. For example, suppose you\u2019re interested in the average salary for a web developer. In that case, you can search for \u201caverage web developer salary,\u201d or if you want to find out the average salary for a data scientist, you can search for \u201caverage data scientist salary.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Keep in mind that job listings are usually put together with employers. So the figures you see could be higher than what you should expect to earn as a freelancer. And some figures might be lower if the listing was for a part-time, contract-based position.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Check_out_online_resources_and_ads\"><\/span><span style=\"color: #ff6600;\"><b>3. Check out online resources and ads<\/b><\/span><b><\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Another way to find out the average freelancer&#8217;s salary where you live is by looking at online resources such as job boards and industry blogs. You can also use online job boards to get an idea of the market rate for particular skills. You can do this by plugging your desired skillset into the \u201cAverage Salary\u201d box on job boards such as Indeed and Simply Hired.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, remember that these figures are averages, so they could be a little lower or higher depending on the region in which you\u2019re operating. While browsing industry blogs, you can also find valuable information about the average freelancer&#8217;s salary where you live. Blogs such as Hubstaff and Staff.com are packed with information on how much freelancers are making, where they\u2019re operating from, and what skill sets are in the highest demand.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_Find_out_what_benefits_are_offered_by_companies_in_your_area\"><\/span><span style=\"color: #ff6600;\"><b>4. Find out what benefits are offered by companies in your area<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">If you\u2019re used to having certain benefits at your day job, such as healthcare and a <\/span><a href=\"https:\/\/www.irs.gov\/retirement-plans\/401k-plans\"><span style=\"font-weight: 400;\">401k<\/span><\/a><span style=\"font-weight: 400;\">, jumping straight in at the higher salary scale might be tempting when starting as a freelancer. However, before you do, you should consider the benefits that companies in your area offer. Many companies in certain areas might be offering freelance-like benefits to attract workers on a part-time or contract basis. You can find these benefits by searching online or asking people in your network.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_factors_influence_freelancer_salaries\"><\/span><span style=\"color: #ff6600;\"><b>What factors influence freelancer salaries?\u00a0<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">According to Payoneer, besides obvious factors like location, industry, and years of experience, age, gender, education, and availableness of freelancers affect their wages. In addition to these factors, the 2022 Payoneer study found that freelancers\u2019 earning potential can be impacted by traditional education. While college graduates earned $19 per hour in the 2020 study, they earned $22 in 2022.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The fact that there is not a wide gap in pay between college graduates and high school graduates indicates that companies prefer experience and client reviews to formal education when hiring freelancers, says Jonny Steel, vice president of marketing at Payoneer.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to MBO Partners, the number of U.S. full-time freelancers is anticipated to rise by 25 percent in 2021 to 3.4 million. Freelance work on the side is compensated at an <\/span><a href=\"https:\/\/www.businessnewsdaily.com\/7959-freelance-pay-rates.html\"><span style=\"font-weight: 400;\">average of $3 per hour<\/span><\/a><span style=\"font-weight: 400;\">, whereas full-time freelancing pays workers $3 extra an hour, according to Payoneer. As a result, freelancers who choose to work full-time are much more satisfied with their careers.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to Freelancer, age matters when it comes to freelancers&#8217; pay. Young freelancers are more likely to embrace technology and changing work habits and spearhead the freelancing movement. Because of the freelancing surge, young freelancers are the fastest-growing sector of the workforce.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Tips_for_Finding_Great_Freelance_Work\"><\/span><span style=\"color: #ff6600;\"><b>Final Tips for Finding Great Freelance Work<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: center;\"><img class=\"alignnone size-full wp-image-4146\" src=\"https:\/\/www.perfectlancer.com\/blog\/wp-content\/uploads\/2022\/09\/finding-great-freelance-work.jpg\" alt=\"finding-great-freelance-work\" width=\"800\" height=\"450\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Here are some final points to keep in mind when searching for the perfect spot for freelance projects:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Research every opportunity you\u2019re considering.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0Know your worth; Don\u2019t settle for less than you deserve.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0Be flexible; A lot of freelancing opportunities are short-term projects.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0Be prepared; Freelancing is a lot of work, so you should be ready to invest time and effort in it.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0Be creative; There are a lot of boring projects out there. Put your creativity to good use!<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0Be strategic; Getting as much work as possible in a given period is essential.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0Be consistent; It\u2019s important to consistently offer quality work to build a name for yourself as a freelancer.<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"The_bottom_line\"><\/span><span style=\"color: #ff6600;\"><b>The bottom line<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Freelancing is a great way to make some extra cash on the side or transition into full-time work. But before you dive in headfirst, you\u2019ll need to figure out the average freelancer salary where you live. If you\u2019re unsure where to start, use job listings, online resources, and ads to get an idea of the average salary for your desired skill set. You can also use these sources to find out what benefits companies in your area offer for part-time workers. Once you have this information, you\u2019ll be in a much better position to negotiate a fair and realistic salary with clients and make the transition from employee to freelancer seamless.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The freelancer market is snowballing, and it\u2019s now easier than ever to take the leap and ditch your desk for a day job. However, with this new sense of freedom comes a host of new challenges. As a freelancer, you will be responsible for figuring out how much you should charge, managing your taxes (which [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":4144,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":""},"categories":[88,228,218,2,224],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Freelancers salary &amp; earnings potential - Perfectlancer blog<\/title>\n<meta name=\"description\" content=\"Do you need help calculating your freelance wage perfectly? 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