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AIBU?

...to ask you for help to work out my 'day rate'?

7 replies

shepherdshigh · 26/05/2017 14:23

I've just started working for myself as a freelance trainer within the social care sector.

I'm applying to do some work via a large training organisation (so as an associate) and they've asked me to identify what my daily rate should be.

I don't want to sell myself short; nor do I want to make a tit of myself by asking for a stupid amount of money.

When I'm working directly with the client, I charge c £800 for a day's bespoke group training / facilitation.

Via this organisation, I'd be delivering their standard content to their clients for them.

Any help please?

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Etymology23 · 26/05/2017 14:29

How much less work would there be for you in terms of organisation?

How much more work will going through this company generate for you?

eg if a days bespoke content takes you 8hrs of prep and 8hrs to deliver, but standard content will take 2 hrs prep and 8 to deliver you should presumably charge 5/8ths.

But if they're going to get you 3x as much work as you had had, maybe you give them a bulk discount and charge half?

Or if you want you say you charge 5/8ths but if you're engaged for x sessions in a set amount of time there's a y % discount on the lot.

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shepherdshigh · 26/05/2017 15:14

Thanks for your reply. I think the issue is that I don't know! It's a fairly impersonal application process but I could really (really really) do with getting some work through them!

You've given me some good tips for how to approach it, though, thanks!

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SkyBluePinkToday · 26/05/2017 15:28

Do you know anybody else who works for them like this who you could ask?

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Whosthebestbabainalltheworld · 26/05/2017 15:43

As an alternative, work out how much you typically earn in a year working your own way at £800/day. Is thst as much as you need, or domyou need more?

How many days would you likely work for the new company in the new scenario? Divide 1 (or 1 plus) above by the days you'll likely work and there you have it.

Also, do you know the "market rate"? No point pitching yourself way above this.

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Allthebestnamesareused · 26/05/2017 17:35

Is it some form of CPD type training? My DH delivers a course about 6 times a year (same course, power point presentation already completed). He gets £1,500 plus VAT per day to present it with travel/hotel expenses on top (capped at £200) per course. He delivers it for a large organisation that provides cpd training to a certain profession.

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shepherdshigh · 26/05/2017 23:29

Thanks allthebest, that's really helpful. It's similar to what your husband does, I think. But probably not exclusively for regulated professions.

I unfortunately don't know the market rate or how much work I'm likely to receive through the company yet, so can't really calibrate from that.

Thanks all for your help.

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Etymology23 · 27/05/2017 00:07

Can you google the market rate? Look at the company's accounts and see what their breakdown of costs is? (E.g paying you will be a cost of sale).

See what they'd charge a client and look at their Gross profit in their accounts to see what the variable cost % must be then use that to give a variable cost per day, and adjust for any other costs included in the price? Eg printing materials etc?

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