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Hourly Rate

An hourly rate is the amount of money charged or paid for each hour of work. It represents the value of a person’s time on an hourly basis. Employers often use hourly rates to compensate part-time, temporary, or freelance workers, while professionals and service providers set an hourly rate to show clients how much their services cost per hour.

Daily rate

A day rate is a fixed fee charged for an entire day of work, rather than billing by the hour. It typically covers a standard workday and is often used by freelancers, creatives, and contractors to simplify pricing and account for preparation, setup, and wrap-up time.

Weekly rate

A weekly rate is a set fee charged for a full week of work, rather than billing by the hour or day. It typically covers a standard five-day workweek and is often used for longer projects where consistent time and services are required. Weekly rates give clients predictable costs and provide workers with stability and flexibility over the course of the project.

 
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