Set your annual freelance rate increase with a data-backed strategy in 10 minutes
Beginner
10 min
English
Calculate a justified new hourly rate and draft a client communication plan based on your improved skills and market inflation.
Steps
- Open ChatGPT or Claude in your browser.
- Copy the prompt template below.
- Fill in the {variables} in curly braces with your specific freelance details.
- Paste the completed prompt into the AI chat and press enter.
- Review the proposed rates and the communication strategy.
- If the increase feels too high or low, reply to the AI: 'Adjust the increase to X% and rewrite the client communication.'
- Copy the final client communication bullet points into an email draft to send to your clients.
Prompts to Use
You are an expert freelance business consultant. I need to set my annual rate increase and structure my pricing for the upcoming year. Context: I am a {profession}. My current hourly rate is {current_rate}. I currently work about {hours_per_week} hours per week. My main skill that has improved over the past year is {improved_skill}. Constraints: Factor in an inflation rate of {inflation_rate} and a market demand increase for {improved_skill}. Output format: Provide a brief rationale (3 sentences), a new proposed hourly rate, a new project-based rate formula, and 3 bullet points on how to communicate this increase to existing clients.
Tools Used
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