Five factors to consider when valuing yourself
Welcome to week 3!
This week you will consider the relationship between value, experience, and charging for your services. You will explore the real cost of living, and learn how to calculate your expenses.
Valuing yourself is an important consideration for every freelancer. In this video, Alison has joined us to share the five factors that you should take into account.
- Value: based on your living budget
- Your level of experience
- Benchmarking: what do others earn for this work?
- Industry sector variations
- The intended market for your work
Over to you
Think about the five factors above and consider the questions below. Share your response in the comments below, and discuss your answers with fellow learners.
- What is your ‘value’ in the marketplace?
- What experience do you bring to the table?
- How do your value and experience affect your pricing policy?
If this is daunting for you – it will very likely be daunting to others too! We are thinking broadly at this stage, and will cover each of these further in the steps of this week.
The Freelance Bible: How to Be a Freelancer in Any Industry
The Freelance Bible: How to Be a Freelancer in Any Industry
Reach your personal and professional goals
Unlock access to hundreds of expert online courses and degrees from top universities and educators to gain accredited qualifications and professional CV-building certificates.
Join over 18 million learners to launch, switch or build upon your career, all at your own pace, across a wide range of topic areas.
