Per-hour hiring means the freelancer is compensated based on the number of hours they work on a project rather than being paid for specific deliverables or milestones. This is ideal for projects where the scope is dynamic or tasks are open-ended. It allows clients to pay for hours spent on the project, ensuring flexibility and accurate billing for work completed.
Flexibility & Adaptability:
Hourly hiring is perfect for projects where tasks may change or evolve over time.
Pay for Actual Time Spent:
Clients pay only for the hours worked, ensuring fair compensation for freelancers while helping clients manage costs transparently.
Detailed Tracking:
Freelancers typically log their hours, providing clients with insights into time allocation and productivity.
Set an Hourly Rate:
Freelancers set their hourly rate based on their expertise, experience, and industry standards.
Example:
Track Hours Worked:
Freelancers track their hours in real time using Hourspent’s integrated time-tracking tool, ensuring transparency and accountability.
Automatic Invoicing:
At the end of a billing period (weekly or biweekly), an invoice is automatically generated based on the hours logged. Clients can review and approve before payment is processed.
| Scenario | Hourly Pricing | Fixed-Price |
|---|---|---|
| Project Scope | Dynamic, evolving | Defined upfront |
| Revisions/Adjustments | Easily handled by logging extra hours | May require contract renegotiation |
| Payment Structure | Based on hours worked | Based on deliverables |
| Risk Level | Lower, as clients pay for actual work done | Higher, as unexpected changes can lead to scope creep |
Set Clear Expectations:
Track Progress:
Budget Wisely:
Hey!👋 Do you need help finding something?
By using our live chat, you consent to our Privacy Policy
