Reply
cancel
Showing results for 
Search instead for 
Did you mean: 
Reply

Isnt it time to have a fixed lower limit for fixed price and hourly projects

Highlighted
Community Guru
Rahul V Member Since: Nov 23, 2015
1 of 5

i feel its time to have a fixed lower limit for fixed and hourly projects..what i can see off lately is expected rates of clients going down considerably...i was shocked to see a client who has paid for number of hours at avg rate of $1.5 Smiley Sad..i can see many more who have paid less than $5 per hour..its is rather disaapointing...

 

i dont think any country have such a low hourly rates as per there labour laws even..

Highlighted
Community Guru
Jennifer R Member Since: Sep 15, 2017
2 of 5

@Rahul V wrote:

i feel its time to have a fixed lower limit for fixed and hourly projects..what i can see off lately is expected rates of clients going down considerably...i was shocked to see a client who has paid for number of hours at avg rate of $1.5 Smiley Sad..i can see many more who have paid less than $5 per hour..its is rather disaapointing...

 

I stumbled over a client profile yesterday where the hourly rate is below $3.

As far as I know the minimum for hourly rate is $3 anf fixed price is $5. My question is: How it is possible that clients have an average hourly rate below the minumum hourly rate?

 

i dont think any country have such a low hourly rates as per there labour laws even..


Labour laws do not realy apply since we are freelancers. E.g. I am the only employer in my business and pay myself a fixed salery every month. The rest of the money stays in the business until I increase my salery. But it doe not matter how much my (companys) clients (not employers, since that's my position) pay.

 

Highlighted
Community Guru
Rahul V Member Since: Nov 23, 2015
3 of 5

no i dont think there is any lower limit for the hourly project..i have seen many profiles with rates below $3 but i cannot post the links here..

Highlighted
Community Guru
Petra R Member Since: Aug 3, 2011
4 of 5

@Rahul V wrote:

no i dont think there is any lower limit for the hourly project..i have seen many profiles with rates below $3 but i cannot post the links here..


 Yes there is and has been for years.

It is $ 3per hour.

For fixed rate contracts it is $ 5 per milestone.

 

If you see hourly contracts for less, it is client-freelancer relationships that started previous to the minimum rates.

 

Highlighted
Community Guru
Rahul V Member Since: Nov 23, 2015
5 of 5

oh okay but would love to meet such freelancers how they manage thier expenses working at such low rates...and now % of low paying clients is really taking over good ones nowSmiley Sad

TOP KUDOED MEMBERS