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Things to Consider When Setting Your Rate

  • Donโ€™t undervalue yourself.
    Social impact work is importantโ€”donโ€™t let โ€œbudgetโ€ be an excuse for underpaying expert work.
     
  • Value your experience.
    You bring specialist skills and unique lived experienceโ€”these are worth a premium.
     
  • Pushback is normal.
    If an organization hesitates at your rate, itโ€™s a negotiation, not a reflection of your value.
     
  • Consider scope and risk.
    Urgent projects, out-of-scope work, or clients needing fast responses should be quoted higher rates.
     
  • Factor in ALL your costs.
    Expenses, professional development, insurance, software, and downtime are all part of a sustainable rate.
     
  • Update your rates regularly.
    Your expertise grows and so should your ratesโ€”donโ€™t get stuck at year-one pricing!

FAQs: Setting & Negotiating Your Rate