Money is always a tricky subject and when you are starting out it's hard to know what to offer.
At the end of the day choosing the right compensation is a question of finding an amount someone is willing to do the work for, that the business can afford to pay, and that is fair.
Don't be afraid to be up-front and honest with potential hires and let them help with choosing the right amount. If you can find a figure that suits both parties, then it'll be the bedrock of a happy working relationship.
Particularly important for freelance work is to agree on what work needs to be completed. Make sure you agree on approximate length, subject matter, any revisions or editing that needs to be done, and what rights you have to the work.
here's nothing wrong with asking a freelancer or prospective employee what they think is an appropriate amount to be paid.
Sometimes you may get the ball back in your court, and sometimes people will give a number higher than what they might in some circumstances be actually willing to work for.
But on the whole this is a good way, particularly with freelancers, to work out what a going rate is. As you get more experience with fair numbers, you can then just let people know what you pay, and they can choose to take the job or not.
It is important to pay fairly as underpaying tends to under-deliver. Freelancers and employees who aren't paid fairly will naturally cut corners, treat the job with less care, and be less loyal.
When hiring for new positions, it's good to research salary guides online to find what is normal for a particular job description in a particular country and city. Salary guides are available for many countries; simply Google your particular requirements or check a site like Salary.
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Cynthia Simmons at
02152011
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