Hourly Rate/ How Much To Charge
Posted 31 March 2006 - 04:44 PM
I'm a short filmmaker who's been asked to do some corporate video for a small company, and I'd like to know what kind of rate I should ask for, as I've never done this. I'm basically freelance, and I will be required to film for about half a day (4 hours). I'm not involved with the creative, but I will be required to light and compose, and I will also have to edit. I also need to borrow/rent a camera and whatever minimal lighting kit will be necessary. I'm in a smallish city in the South if that affects anything.
What's a fair rate for this job? Do I charge for the time spent tracking down the materials? For the time spent brainstorming? How much do I charge for editing? Thanks for any advice.
Posted 01 April 2006 - 07:54 AM
Regardless of what you're doing, you charge for it.
Don't forget, the rentals (and any other expenses) are in addition to your fee, not a part of.
Too, you should check out DV Info Net -- http://www.dvinfo.ne...isplay.php?f=40 -- they discuss this topic quite often.
Posted 01 April 2006 - 01:52 PM
I would set a half day and full day rate (usually the half day rate is NOT actually half the full day rate, it's more like 60% or more, to encourage your client not to waste your time for only half a day, and to go ahead and splurge for the full day. The logic there is that you can't book two half days, more than likely. Once you've booked that day, even if it's only 4 hours, what're the chances you can pick up a gig for rest of the day? Some people don't even do the half day rate for this reason.
As for editing, you could do an hourly rate there, since it's a little different. If you're a beginner, maybe $30-50 an hour. Seasoned pro? 125+.
that is of course from a Houston perspective. Alter your rates for your city accordingly.
Posted 01 April 2006 - 01:57 PM
Posted 01 April 2006 - 03:53 PM
Matt - I've seen day rates for video shooters range from $300 to $800 for 10 hours.
Add a camera package rental rate to that. You can get an idea of market value rental rates from Bexel at http://www.bexel.com...iceList2005.xls
Posted 03 April 2006 - 07:05 AM
Josh, this is only a starting place--square one. If you don't know what an hour of your time is worth to you, who does? For example, if I know what the "expenses" are going to run, the only other item left is my "time." Sometimes, when all the expenses are covered by the client, as in such cases of being a "hired gun", I still need to know what my time is worth to have a basis for my day rate.
I don't know about this hourly thing, either, at least for the shoot. Usually people work on day rates, unless they're camera guys at a news station or something.
Posted 04 April 2006 - 03:55 PM
I always put into the contract stipulations on what the editing rate includes (e.g. 1 first cut w/ 2 revisions). You'll be surprised how quickly your editing time adds up so charge accordingly. If the client is open to an editing day rate or hourly rate, by all means go that route but they probably won't want to. Invariably, some clients know what they want and can clearly articulate their edit feedback and others won't. Since this is your first gig, I'd suggest being conservative and estimating more time for editing. Once you figure out which group your client is in, you can adjust your rate accordingly.
Posted 04 April 2006 - 05:33 PM
Posted 04 April 2006 - 09:27 PM
Edited by Jack Guthrey, 04 April 2006 - 09:28 PM.
Posted 05 April 2006 - 06:16 AM
Agreed! We were singing from the same page.
I was saying, I wouldn't quote someone an hourly rate. Quote them a day rate based off of what you think you're worth per hour.
Posted 05 April 2006 - 09:02 AM