
A new year and new prices are in full effect. With tax season gearing up and the economy slowly on the mend—or still in the toilet depending your point of view—it’s a good time to take one last look back at 2010 and see how well you fared and use what you learned to plan how you want to end 2011.
It might also be a good time to brush up on your standards of professional practice to better deal with the frustrations unique to freelancing.
Money, money, money.
While overall prices are still down on average from the highs in 2008, it is getting better. The great news for female designers: in 2010 the annual pay gap has dropped to just 30% what it was in 2008 to $1,612. While small compared to other industries I’d like to think as creatives we are more progressive and find this number still too high. Lets see if 2011 can be the year we hit $0.
Your price should not be based on any one salary survey, but rather on national trends, what the local market can bare, and sometimes what an individual client is willing to pay. While there are many salary sites and surveys out there to base your rate on, the following are a few which are specific to the creative industry;
- AIGA | Aquent Survey of Design Salaries for 2010
- The Creative Group Salary Guide for 2011
- Graphic Artists Guild Handbook
- HOW 2010 Design Salary Report (PDF@3.6MB)
Calculating hours
The big question for many designers is wether to charge per project or per hour. I put together this post, Hourly vs Project , last year to tackle this very question. With so many designers making the jump to independent contractor after getting the boot from cushy in-house positions it’s more important than ever to understand how to best charge for your service to cover all the hidden costs. Whether hourly or per project, you’ll need a standard unit by which to measure projects by so you’ll know what to charge to hit your salary goal—what expenses have to be covered, how to stay afloat if your ill, etc—and the following links ask these questions to help you determine your costs per hour.
So, until next year. Rinse. Repeat. YMMV.

1 comment
Tax tips for the freelancer | Pulp To Pixels says:
Mar 28, 2011
[…] While your entrenched in money issues, it’s the perfect time to see how you stacked up against your peers. Maybe you should give yourself the big raise you think you deserve. Maybe clients are dropping you because you are over priced and you’re not even aware of it. Check out our roundup of salary resources so far for 2011. […]