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Journalist should charge £285 a day

Freelance journalists should invoice media clients £285 for a day's work to achieve comparability with a staff journalist earning £25,000, according to the publisher of the Freelance Ready Reckoner.

The reckoner has been updated for the fourth year in a row. It calculates as accurately as possible the full employer cost of employing staff journalists and uses these figures to identify comparable freelance day rates.

The Freelance Ready Reckoner is published by freelance financial journalist Andrew Bibby, using a range of specialist employment and trade sources.

"The Ready Reckoner provides an easy way to compare freelance rates with staff salary levels. Both commissioning editors and freelances can sometimes fail to realise what constitutes a fair day's remuneration for a freelance," said Bibby.

The Ready Reckoner provides, in tabular form, day rates for freelances working from their own premises, comparable to annual gross salaries in the range £20,000-£60,000.

Although designed for journalists, the Ready Reckoner can also be adapted for use by other freelance and self-employed workers.

The Ready Reckoner is based on the assumption that staff have 25 days' paid leave, or in other words, work a total of 228 days a year.

It is available for free download from the website

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