Do you know how much to charge an hour as a freelancer?

To work out the hourly rate for a wage of: {{data.salario | currency}} we do as follows:

1. Calculate your annual gross salary:

   Monthly wage x 12 months

   {{data.salario | currency}} × 12 = {{data.salarioAnual() | currency}}

2. We find out the hourly rate:

   Annual wage ÷ {{data.horasPosibles() | number}} possible/likely hours ({{data.horario | number}} hours × {{data.diassemana | number}} days × {{conf.semanas | number}} weeks)

   {{data.salarioAnual()| currency}} ÷ {{data.horasPosibles()| number}} = {{data.costoBasico() | currency}}

3. We add up the hourly rate of the hours/time you won't work:

   {{data.diasFeriados | number}} Bank holidays × {{data.horario | number}} hs. = {{data.horasFeriados() | number}} hs. +

   {{data.diasVacaciones | number}} días de vacaciones × {{data.horario | number}} = {{data.horasVacaciones() | number}} hs. +

   {{data.diasIncapacidad | number}} Unfitness days × {{data.horario | number}} hs. = {{data.horasIncapacidad() | number}} hs.

   {{data.horasNoPosibles() | number}} hs. × {{data.costoBasico() | currency}} basic cost = {{data.costoNoPosibles() | currency}}

4. We work out the value of the time you spend in budgets, meetings, sales, training...:

   {{data.porcentajeAdmin | number}}% ({{data.horasPosibles() | number}} likely hours - {{data.horasNoPosibles() | number}} hours you won't work) × {{data.costoBasico() | currency}} basic cost.

   {{data.porcentajeAdmin | number}}% × {{data.horasEfectivas() | number}} hs. × {{data.costoBasico() | currency}} = {{data.costoAdmin() | currency}}

5. We work out the total amount of your fixed expenses:

   Monthly rent: {{data.rentaMensual | currency}} +

   Monthly services: {{data.serviciosMensual | currency }} +

   Monthly self-employment/insurance taxes: {{data.papeleriaMensual | currency}} +

   Other monthly fixed expenses: {{data.otrosMensual | currency}}

   Monthly fixed expenses {{data.fijosMensuales() | currency}} × {{conf.meses | number}} months = {{data.fijosAnuales()| currency}} fixed expenses per year

6. We add up the value of the hours you won't work plus the value of your management time and that of your fixed expenses to obtain the extra annual fee of your work.

   {{data.costoNoPosibles() | currency}} + {{data.costoAdmin() | currency}} + {{data.fijosAnuales()| currency}} = {{data.costoExtraAnual() | currency}} annual extra fee

7. Now we work out what you will earn per year:

   {{data.horasPosibles() | number}} likely hours per year - {{data.horasNoPosibles() | number}} holiday, bank holidays and unfitness hours - {{data.horasAdmin() | number}} of meetings and budgets × {{data.costoBasico() | currency}} x basic cost

   {{data.horasVendibles() | number}} working hours x {{data.costoBasico() | currency }} = {{data.gananciaAnual() | currency}} annual profit of.

8. 18. We calculate the profitability percentage dividing cost by profit:

   {{data.costoExtraAnual() | currency}} ÷ {{data.gananciaAnual() | currency}} = {{data.porcentajeRentabilidad() | number}}%

9. 20. Last to calculate the rate of work per hour we add up the percentage of profitability and the percentage of our desired fee to our basic rate:

   {{data.costoBasico()| currency}} + {{data.costoBasico()| currency}} × {{data.porcentajeRentabilidad() | number}}% + {{data.costoBasico() | currency}} × {{data.porcentajeUtilidad | number}}% = {{data.horaDiseno() | currency}} hourly rate.