Thursday, 13 September 2012

Know What to Charge for your Writing

Today's post is about the financial side of writing and editing. I have based these rates on a standard double-spaced manuscript page, which is assumed to have 300 words per page.




Type of WorkEstimated Pace$/1000 wordsRange of Fees
EDITING
Editing, basic copyediting5-10 ms pgs/hr1$30-40/hr
Editing, heavy copyediting2–5 ms pgs/hr2.70$40–50/hr
Editing, website copyediting2$40-50/hr
Editing, developmental1–5 pgs/hr3$45–55/hr
Editing, substantive or line1–6 ms pgs/hr2.50$40–60/hr
FACT CHECKINGN/A$30-40/hr
INDEXING8-20 pr pg/hrN/A$35-65/hr
$5.50-12/pr ind pg
LAYOUT
Layout, books6-10 pgs/hr1$45-85/hr
Layout, newsletters1-4 pgs/hr1.8$40-100/hr
Layout, websitesN/A$16-20/pg
MANUSCRIPT EVALUATIONN/A$45-55/hr
PERMISSIONSN/A$40-50/hr
PROJECT MANAGEMENTN/A$9-30/pr pg
$40-90/hr
PROOFREADING9-13 ms pgs/hr1$30-35/hr
RESEARCHINGN/A$40-75/hr
TRANSCRIBINGvariable1.2$3-5/pg
TRANSLATING300-500 wds/hr80$40-50/hr
WEB DESIGNN/A$50-75/hr
WRITING1-3 ms pgs/hr
Writing, fiction40$40-50/hr
20¢-25¢/wd
Writing, ghostwriting50$50-60/hr
26¢-50¢/wd
Writing, grants/proposals/sales/PR50$50-60/hr
30¢-95¢/wd
Writing, journalism45$40-50/hr
26¢-50¢/wd
Writing, medical60$60-70/hr
80¢-95¢/wd
Writing, nonspecified50$40-100/hr
20¢-$2/wd
Writing, technical/trade55$50-60/hr
45¢-55¢/wd
NOTE:   ind = indexable page, ms = manuscript, pr = printed, pg = page, hr = hour, wd = word


This, of course is only a guide. I know of many technical articles (particularly in the programing field) where you an earl $250 to $500 for a 500-word article. Also, if you are just starting out and do not have a track record you will begin by charging less.

Always, always review your rates every 3 to 6 months.

I hope this helps you in choosing the correct rates for your work.

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