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How should I determine my fee?

I have been offered a job as director of a multimedia development project. My bosses want to create a software to teach people to speak Quechua. So I will have to hire photographers, illustrators, writers, proofreaders, a multimedia development team, a film crew, actors and an editor; I must coordinate all of these agents. The entire project must be ready in 4 months. I have no idea how to establish my fee. HELP! Is there a formula?

Asked By: LordoftheNight - 8/14/2007
Best Answer - Chosen by Asker
I'm assuming you will be a independant contractor & won't have expenses. Take your standard salary + 20% for benefits. Divide the annual total by 2080 (thats = to 40 hours per week X 52 weeks. But subtract 40 for every week of vacation from the 2080). That is your base hourly wage. Add at least 15% MINIMUM as a risk... More
Answered By: EVPJTX - 8/18/2007
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