Here's how you can determine your rates as a freelance professional in Internal Communications.

As a female entrepreneur in Vanilla Mark3ting , when determining your rate as a freelance professional in internal communications, it is crucial to assess your experience straightforwardly. Start by evaluating your skills , consider the scope of projects you have managed, the impact of your strategies and any specialised knowledge you bring especially in a specific business. Highlight achievements like improved engagement metrics or streamlined processes to demonstrate your value. Client feedback and industry reputation also play a key role in justifying your rates. Ultimately your pricing should reflect the unique value you offer based on your experience and expertise in the field.

Craft a Compelling Pitch Deck: Create a concise and visually appealing pitch deck that highlights your business idea, market opportunity, competitive advantage, financial projections, and team credentials. Use clear language and compelling visuals to convey your message effectively. Present Market Data: Present the market research you've gathered to support your salary negotiation. Highlight any discrepancies between your current salary and industry standards, making a compelling case for a salary adjustment. Provide Options: Offer flexibility and openness to alternative forms of compensation, such as additional benefits, bonuses, or professional development opportunities, if a salary increase is not feasible.

Something I found helpful in terms of developing a base rate: add up your monthly expenses. Then, add 15% to that figure for the unexpected, like vehicle or home repairs. Take the new figure and add 25% to it to account for leisure, travel, clothing, etc. Lastly, add what you'll need to pay taxes (an example might be 25% - definitely something that'd pertain to the specific freelancer's situation). Why do this? Sometimes freelancers, especially those just starting out, don't charge enough. I was given this exercise in a course I took, and it really gives perspective on what you may need to charge to earn a living as a freelancer. It's subjective, of course, but something to consider in addition to the great suggestions in this article.