Daily Business Resources for Entrepreneurs, Web Designers, & Creatives by Andy Sowards

People Per Hour: Cost of Talent Infographic

Are you actually aware of just how much you can earn by doing logo design jobs and web design jobs outside of Britain? People Per Hour has only gone and cast some light on the subject, and has discovered some interesting statistics about how much your overseas work could earn you and how much you can fairly bill your foreign clients for the work.

People Per Hour is a place where businesses can find reliable freelancers, and freelancers can find reliable companies to work for – and with both companies and freelancers relying on getting good reviews for the work they’ve commissioned/undertaken, users are guaranteed a great service.
Statistics from People Per Hour show that while US freelancers are the highest of the top 20 earners, being paid an hourly rate of £56.70, they don’t manage to make even the top ten when it comes to how much they bill their client for a job, on average. And while United Arab Emirates freelancers, however, didn’t even register on the scale of the world’s highest freelance earners, the average amount they bill their clients is the most expensive in the world at £597.77.

The UK is pretty steady, with its freelancers having come in as charging the third most expensive average hourly rates – £23.29 – and fourth when it came to average billing per job – £338.87. While Spain toppled in in 10th place when it came to average hourly rate at £17.14, its freelancers managed to help the Mediterranean country move up the league table when it came to average billing per job, charging clients an average of £337.72.
In terms of hourly rates vs. invoice rates by field, freelancers belonging to the web/programming/IT fraternity are justified in charging the most for their expert and very specialist knowledge. The average hourly rate for a freelancer cut from this cloth is £21.99, while the average invoice amount comes to £254.41. That’s a gulf of £232.42 between hourly rate and the actual cost of the work to the company.

… So where in the world would you rather apply your skills?

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