Why Do Freelancers Charge More per Hour Than Employees?
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Welcome to another episode of The Freelancers Tea Break with Emma Cossey, a coach and mentor for freelancers. In this episode, Emma delves into the common question of why freelancers charge higher hourly rates than employees. She explains that freelancers have to cover additional costs such as holiday pay, sick leave, pension contributions, office space, and equipment expenses, which employees typically receive from their employers. Emma also discusses the benefits of hiring freelancers, including access to specialised skills, project-focused quality work, and the lack of a long-term commitment.
Tune in to understand the true value freelancers bring and the hidden costs they bear.
Timestamps:
00:00 Introduction to The Freelancers Tea Break
00:13 Why Do Freelancers Charge More?
00:46 Employee Benefits vs. Freelancer Costs
01:27 Freelancer Expenses and Considerations
02:10 Comparing Employees and Freelancers
02:40 Efficiency and Quality of Freelancers
03:06 Conclusion: The Value of Freelancers
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