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How to Determine a Graphic Design Hourly Rate

From Eric Miller,
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The Importance of a Graphic Design Hourly Rate

Setting a graphic design hourly rate is often considered a difficult process, but it must be done. Your hourly rate is important because it will position you in relation to your competitors, determine what your flat rates are for projects, and of course directly affect what you earn. Fortunately, there is a method to follow to figure out at least a ballpark for your rate, which may then need to be adjusted based on the market.
  1. The Importance of a Graphic Design Hourly Rate
  2. Choose a Salary and Profit Goals for Yourself
  3. Determine Your Yearly Expenses
  4. Adjust for Expenses Related to Working for Yourself
  5. Determine Billable Hours
  6. Calculate Your Hourly Rate
  7. If Necessary, Adjust for the Market

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