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About Everything Wiki » Education » How to calculate your hourly cost as a specialist and make a decision about outsourcing routine

How to calculate your hourly cost as a specialist and make a decision about outsourcing routine

03 May 2023, 07:51, parser
0 comments    1 Show

It seems that the times when we took up any business with our own hands are irrevocably gone. Twenty years ago, everyone had the same salaries, the increase of which was scheduled for life and no one thought about how much his time was worth. A high-class engineer could do home repairs for months, wasting his precious time. Today, this model of behavior is unacceptable and simply lowers the quality of our lives. You should know how much your time is worth and give the work you do yourself to people with a lower hourly cost (often more experienced in this particular business).

If you are a high-class developer or copywriter who works at home and earns $50 per hour (the amount is, of course, conditional), then cleaning the house, which you will do, breaking away from your favorite thing for 2 hours, will cost you $ 100! Can't you find someone who will do it for $30 while you earn $100 doing what you love? A special online calculator has been created to make such decisions.

online calculator for calculating the cost of your time

To understand your earnings per hour, if you do not work with your employer using this system, you need to enter your annual net income, the presence of a minor additional income, your workload, and also determine a life strategy for the future — you save money or save time.

After that, the calculator will give your real cost per hour, which will become a measure for hiring people who save your time and free you from routine.

It would be interesting to hear in the comments your opinion about such a model of planning your download and choosing the type of activity.

RS Tool

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