MY two cents. I'll try to make this valuable for anyone reading. I am also ready to be flamed. There is a lot that is left out. For example complexity of job requirement. Skills needed (Audio, Lighting, Editing (FCP, or iMovie), Production style (ENG or EFP, Studio). Does this require one or all of the following responsabilities: copywriting, producing, concepts and logistics, on camera talent. Or is this part of a team?
Two ways to approach: W-4 employee and a 1099 independent contractor The company you will be working for considers you a employee part time or full time and is taking taxes out of earnings. You are also part of a team (at least one other): Fresh and new. No prior experience. No equipment (using the compnay's gear) 7-9 per hour. Fresh and new but with experience in blogging or related / allied industry, no equipment. 13-17 per hour Experienced (shot at least 200 hours of video either web or broadcast) but no equipment 17.25-23.00 per hour (this is in line with Union wages on low budget productions) Experienced and using your own gear. $23.25 and up to at least 37.50 plus what is called a kit rental for your equipment (The employer insures you and the equipment against loss or damage portal to portal while performing your job in a professional and safe manner) Own your own equipment and working as a independent contractor Minimum $37.50 per hour with a insurance rider for you and the gear ( <http://insurance.cch.com/RUPPS/loss-payee.htm> ). If you have to get your own insurance then you will have to determine that cost and add it to what you charge. Rule of thumb for a day rate on gear is 1% - 10% of purchase or replacement value. Have $25,000 in equipment and software, you can ask between $250.00 to $2,500.00 per day. Depending on what the equipment is (specialized or off the shelf) will determine what the market will pay. With the above example a mid point of $1,100 per day for equipment is reasonable if you are using a quality gear. If you are contracted for several months a fair equipment rental/lease rate is between 1- 3 days per week. For example you work a five day week, 8 hours a day 40X37.50 for your services and 3 (day week) X $1,100.00 =$3,300 per week for kit rental. I know this looks high. Or it looks like I am. It isn't and neither am I. Travel to and from a location. Decide on a zone size. If you live in the sticks this may not work. If you live in a major city, and you shoot within 60 to 90 mile circle, no travel time. Farther away and you should be compensated for time beyond that zone. This one is tough to just throw out without a explaination. If you want to know more about this hit me off list and I can elaborate. Dave --- In [email protected], "Bill Cammack" <[EMAIL PROTECTED]> wrote: > > If you were entertaining offers to videoblog as your full-time job, > how much money would that take you to make the leap? > > -- > Bill C. > http://billcammack.com >
