ForexElites posted: My advise is you shouldn't pay on an hourly basis. Define your project in details, then get a fixed quote for building it.
There should always be a written specifications check list that both the programmer and client work from.
If it's not in the written specs, then it's not part of the project. And as such, it's extra, which is usually calculated at the base hourly rate. This is how most programmers work and it's pretty much the industry standard for project billings.
Let me clarify this with a real world example:
Let's say that a programmer has 50 active clients with projects at various stages of development.
And now take into consideration that each of those clients ask the programmer to do a 'quick favor' that 'should only take 20 minutes or so. And each client does that once a week.
50 clients X 20 minutes = 1000 minutes extra work requested per week
1000 minutes / 60 minutes = 16.66 hours extra per week.
16.66 hours X $125.00 an hour = $2082.50 worth of 'quick favors'
In 4 weeks time (approximately 1 month) you get the following.
16.66 hours X 4 weeks = 66.64 hours 66.64 hours X $125.00 USD = $8330.00 work of 'quick favors'
The hourly rate is a base rate, there is a lot more to a project than just an hourly rate which is why detailed project specifications are an absolute requirement.
However, the question was 'what is the your hourly rate', so I answered it.
My time is extremely valuable to me, and as such I expect to be reasonably compensated for my time, and that compensation is billed out at $125.00 an hour, with a 1 hour minimum.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
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