Photo: Lisa Fotios

How many hours is a day rate freelance?

A day rate is usually based on an eight-hour workday. A worker who is paid a day rate is entitled by law to time-and-a-half for work beyond a 40-hour week. In the U.S., a company paying a day rate is required to pay overtime if the individual works more than 40 hours a week.

investopedia.com - Day Rate Definition - Investopedia

What is a 5K called?

The 5K run is a long-distance road running competition over a distance of five kilometres (3.107 mi). Also referred to as the 5K road race, 5 km,...

Last updated Aug 9, 2022

Can a merchant take back a refund?

Can a merchant take back a refund? Merchants initiate a refund after a customer initiates a return or reports dissatisfaction with a product. There...

Last updated Nov 3, 2022

Promotion

What Is a Day Rate?

A day rate is the billing cost for an individual's services for a single day. It is sometimes called a per diem. Some purchasing organizations prefer to receive a quoted day rate instead of an hourly rate for services.

Understanding the Day Rate

Day rates are common in industries in which workers are employed on a per-project basis or for seasonal work, such as the oil and gas industry and construction. Lore Law, a legal firm that specializes in representing workers in overtime wage and law claims, indicates that day rate payment is common for workers classified as field specialists, field operators, pipeline inspectors, top drive technicians, service supervisors, field coordinators, tool pushers, pumpers, lease operators, mud engineers, field engineers, and water truck drivers. Day rates also are becoming common among white-collar professionals who work on a freelance or occasional basis rather than as regular salaried employees. Key Takeaways The day rate, or per diem, is a flat fee charged for a single day of an individual's work. Day rates are common in industries which employ workers on a per-project or seasonal basis. Day rates also have become common among consultants who work on a freelance basis. Workers who are employed on a day rate basis generally do not receive benefits from the company whose work they perform, though some are given benefits by a third-party contractor who is their actual employer.

Special Considerations

A day rate is usually based on an eight-hour workday.

A worker who is paid a day rate is entitled by law to time-and-a-half for work beyond a 40-hour week. In the U.S., a company paying a day rate is required to pay overtime if the individual works more than 40 hours a week. The U.S. Department of Labor has cracked down on oil and gas and construction companies that hired workers for day rates but required them to work overtime without additional pay. An employee who works at a day rate is entitled to an overtime rate of one and a half times the hourly rate, based on the actual number of hours worked.

Setting a Day Rate

MMO Freelance, a web-based company search agency for freelance consultants, suggests that workers who charge a day rate base it upon the rate they were paid at their most recent full-time jobs. From there, it advises adding on the cost that the individual will pay for benefits that are typically available to employees, such as health insurance and 401(k) contributions. The site estimates that this can add between 50% and 150% to a day rate. In addition, a day rate contractor may charge a premium for jobs that require highly specialized skills. Such contractors often have at least two day rates, one for specialist jobs and a second, lower, rate for more routine work.

Do you have to be verified on TikTok to make money?

No, you do not have to be verified in order to make money on TikTok. However, it is a lot easier to make money by applying to TikTok's Creator...

Last updated Aug 9, 2018

What are the best media jobs?

Creative and media Upholsterer. ... Video editor. ... Visual merchandiser. ... Vlogger. ... Wardrobe assistant. ... Web content editor. Content...

Last updated Feb 13, 2018

Promotion

Why am I not getting jobs on freelancer?

If you seem to send a great many proposals but receive little response then it probably has to do with how you present your proposal to the client. My advice is: Try to be creative while bidding. You should sound less robotic since a lot of those who bid on projects are bots. You need to make your proposal stand out.

freelancer.in - I am not getting any project. What should I do? - Freelancer

All beginnings are difficult. I've just given your profile a look and it's on point really. What I suggest is that you spend more time surfing Freelancer; for the more you do, the better your chances are to finding the perfect project for you. If you seem to send a great many proposals but receive little response then it probably has to do with how you present your proposal to the client. My advice is: Try to be creative while bidding. You should sound less robotic since a lot of those who bid on projects are bots. You need to make your proposal stand out. Meaning, you could ask a question, perhaps even use a customize greeting. For instance if the client is from Japan, it would interest him if you began your proposal with "Konnichiwa" and so on. I also suggest that you conclude your bids with a call-to-action statement, something like "Contact me so we could discuss it further" and its likes. I hope this be of good help to you and I wish you the very best of luck.

12 likes

Do you get paid for Reel views on Instagram?

Instagram Reels Play Bonus allows creators to earn money based on the number of plays a Reel gets. The feature is part of Instagram's commitment to...

Last updated Oct 3, 2019