"MrDakka" (mrdakka)
04/23/2019 at 21:54 • Filed to: None
1
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"MrDakka" (mrdakka)
04/23/2019 at 21:54 • Filed to: None | 1
| 13 |
So one of my work colleagues offered me a small side gig, but wants me to sign a contract for the job, which would specify how much I would be paid for the work.
Problem is, I don’t know what a reasonable amount would be . When he showed/told me what the task would entail, it doesn’t seem like it would take more than a weekend or two and I don’t want to overcharge. But at the same time, I don’t want to shortsell myself.
Could use some advice.
Nissan pimping out their IDx for your time
Future Heap Owner
> MrDakka
04/24/2019 at 00:00 |
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In my experience, reasonable competent people are for some reason almost always afraid to ask for enough, and end up lowballing themselves. So you should probably ask for more than you were planning to.
Is there any way you could try to get a quote from some places to see about what the general rate would be?
Highlander-Datsuns are Forever
> MrDakka
04/24/2019 at 00:16 |
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What kind of work is it? I’d go with 150% of what this job would pay hourly as a starting point.
TheRealBicycleBuck
> MrDakka
04/24/2019 at 00:17 |
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Use your current hourly rate as a starting point. Figure out how many hours of work it would be, add some cushion either as hours to complete the work or in the per-hour rate , add in costs for travel if necessary, and add in overhead. Some contracts roll all of those costs into a multiplier which is somewhere from 2 to 3.5, so your total rate become hourly rate times the multiplier times the expected number of hours.
66P1800inpieces
> MrDakka
04/24/2019 at 08:05 |
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If you need funds then any extra work is good work,but I would be reluctant to enter a short term opportunity with coworkers because it could place me a long term social disadvantage for future advancement. Also, if something goes wrong or over budget you have to see them everyday.
Maxima Speed
> MrDakka
04/24/2019 at 08:23 |
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I gotchu bb
Speed
> MrDakka
04/24/2019 at 08:39 |
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I’m not sure what you do, but I work in graphic design and advertising. I ran across this incredibly informative video a few days ago that breaks down how to approach job bidding and pricing based on the value it presents to the client. The message can be applied to a myriad of professions. Give it some consideration.
https://digitalsynopsis.com/design/how-to-charge-clients-for-design-services/
davesaddiction @ opposite-lock.com
> MrDakka
04/24/2019 at 09:00 |
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Once you figure out how much, half up front and half on completion.
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MrDakka
> Future Heap Owner
04/24/2019 at 09:26 |
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Not really? I guess I could use my current hourly rate as a starting point
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MrDakka
> 66P1800inpieces
04/24/2019 at 09:27 |
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What do you mean by long term social disadvantage?
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Future Heap Owner
> MrDakka
04/24/2019 at 10:55 |
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Yeah, and then double it. At least.
I’m not joking. T here may be unexpected complexity. Don’t commit to a fixed rate without sufficient padding. And I bet you’ll still come out to cheaper than market.
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66P1800inpieces
> MrDakka
04/24/2019 at 18:25 |
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I worked in construction to help pay for college. I have a desk job now but am good with my hands. If a co-worker needed help on a project and was buying lunch I would be happy to help out. If a co-worker wanted me to handle a larger project by myself for money, I would probably not accept as then I become “that” (whatever it is you do) guy around the office.
There are also liability/insurance issues, or what if they don’t like the final product. Then you need to face them every day.
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MrDakka
> Speed
04/24/2019 at 21:43 |
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Thanks, will take a look later
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MrDakka
> 66P1800inpieces
04/24/2019 at 21:48 |
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That’s just it though, the side gig is pretty much what I already do for my job so I’m already that guy.
As for them not liking the final product, since it's a custom job, he’ll be providing feedback until he likes it. That's also why I'm hesitant to provide him an upfront cost. I don't know how nitpicky he'll be.