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ronc0011
Member

How to determine the going market rate for my skill

 

 

I do work in a cross section  of markets, though mostly my focus is in the graphics market; digital and print. I am trying to determine the average hourly rate for my particular skill. 

 

What is the recommended method of finding the average rate of pay for a particular market or line of work?

10 REPLIES 10
karandrakis
Member

Google it.

Doing a general web search, such as with Google, may be of limited help.

 

You really need to understand how Upwork works, and understand Upwork as a market, because if you post a profile here and compete here, that's who you're dealing with: other Upwork contractors and Upwork clients...

 

I think you should spend time searching for contractors as if you were a client interested in hiring somebody to do the skills you're marketing.

 

That way you can see what is really out there.


@Preston H wrote:

Doing a general web search, such as with Google, may be of limited help.

 

You really need to understand how Upwork works, and understand Upwork as a market, because if you post a profile here and compete here, that's who you're dealing with: other Upwork contractors and Upwork clients...

 

I think you should spend time searching for contractors as if you were a client interested in hiring somebody to do the skills you're marketing.

 

That way you can see what is really out there.


Preston,

 

There are many reasons to look at one's competition on Upwork, from the point of view of a competitor and from that of a hypothetical client. Verifying the rates in one's field is not one of them. Rates on Upwork skew low for a variety of reasons, including among highly qualified contractors.

 

The majority of buyers on Upwork and the bulk of the money come from the US. Apart from rate tables published by professional organizations, the Bureau of Labor Statistics—which should come up pretty high in any Google search on professional compensation—provides a reliable benchmark for all legal forms of labor in the US market. That is the market we should be selling to. Those are the rates we should be commanding. Even for fields where accommodation to Upwork's deflated rates may arguably be needed, or prudent, there's no reason to begin there.

 

In my field at least, standard professional (US) rates are the ones I "really" get on Upwork—even from international clients.

 

Best,

Michael

mariawicz5
Member

If you've been in this field for 15 years, you should have an idea of your general rate.

Google is really hard you guys.

Hundreds of thousands are now employed as tech support due to its difficulty. Specially in the Philippines and India.

The Googles works in mysterious ways like the JSS. So mysterious and so wow.


@Jennifer M wrote:

Google is really hard you guys.


In fairness, a Google search for rates in any given field will generally turn up wildly disparate figures with no obvious signals as to source or validity of figures given. 


@Maria A wrote:

If you've been in this field for 15 years, you should have an idea of your general rate.


This is somewhat characteristic of the job landscape people such as myself are faced with. I first started using photoshop  version 4.0 on a a Windows 98 machine. I still remember conversations around the office discussing whether or not this internet thing would ever be anything important.

 

So the end result is that i've watched the job market undergo countless changes and in fact I can see now that it is going to be an ever changing landscape and the value of all our work is going to be

continuously eroded. Continuously morphing into different things.

 

ctually I've bene this field for 18+ years. I started on a Windows  98 Machine  in 1998 using CorelDraw 4.0 and Photoshop 4.0

 

Been and done a lot of places and things in all those years.Smiley Happy