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Worst, working for 40-60 hrs weekly. Hope all agree to this. Not actively looking for jobs at the moment, but I really feel bad about this existing condition. It's like asking for free work, slavery that should be addressed. Elance set minimum bids at $3/hr and since they've merged with oDesk, I hope oDesk can do the same.
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Keyword is 'ask' ... you don't need to accept. You are a business, not entitled to anything. The market is what it is. I know of several people with university degrees and working professional jobs for the same or less. If it doesn't work for you, you either need to upgrade your value or go fishing in a different market