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Shannon B

Setting Rate for Subcontracting

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I am interested in joining a Multi-VA team (or at least apply to join!) but I don't quite know how to determine a Subcontractor Rate?

Is there some sort of excel sheet to help figure it out? I don't want to state too low or too high.

I am just starting out, so I don't have as much experience as others.

 

Help please!


Shannon Yurystowski

 

Countryside Virtual Solutions

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What I used to do when I subcontracted with other VAs was take my hourly rate and deduct 20-25% and that was the rate I charged. Considering I didn't have to put money into marketing to get this work it was worth it for me.

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Your rate should be lower than your norm - but you may also find the Multi team has a set rate they will pay as well. For instance I do not pay subs more than 50% of my rate because that includes not only all the marketing and Client management but I project manage the subs as well. AND in my opinion they end up learning form me as we go along so there is a benefit to them for that as well.

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