Setting a rate for writing can be a challenge. Many prospective clients do not realize the amount of work that can go into crafting a well-written piece. There is a reason why many journalists write one or two articles per week. It takes time to create something that is clear, concise, and enjoyable to read.
Sadly, Internet writing has driven the cost of writing down considerably. It is not unusual for someone to want a tone of high-quality writing for just a few dollars. One job I applied for wanted to pay about $1 per 1000 words. Not going to happen.
But anyway, if you do a lot of web writing like I do, then you have to determine what your base rate is based on how hard you work, how long everything takes, and what people are willing to pay. As long as you know about how long it takes you to write something, then it is easy to set your rate. Think about what the minimum take-home pay per hour that you will settle for is, and then set your rate based on that. I say take-home pay, because freelance writers have to pay a large amount of taxes. I generally try to set aside 30 to 40 percent of what I make for taxes just in case. So, if a job that takes you an hour pays $10, then you really are only getting about $7 of that in usable income. This is the main way that I accept new work. If it doesn’t fit into my baseline, then I won’t accept the job. I find that this is a good way to determine how much I am worth. It works both for clients who want to pay for word count and for those who prefer to pay per hour.
What system do you use to determine your pay rate?