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Glossary · money

Day rate

A fixed price for one working day, usually 6–8 hours of focused client time. The most common pricing unit for senior freelancers and consultants once they stop tracking hours.

A day rate is what you charge for one day of work — usually €600 to €2,500 depending on craft, seniority, and market. It bundles up the time the client thinks they're buying (a "day"), without committing to a specific hourly clock.

It's the rate most freelancers move toward once they've stopped tracking hours and started selling outcomes. It's also the rate most likely to get over-quoted ("I'll give you four days") and under-delivered ("…but two of them were emails and meetings").

The math behind it

The simplest mapping is day_rate = hourly_rate × 8. A €120/h freelancer quotes €960 → €1,000/day. But the math is rarely that clean once you account for:

  • the unstated assumption that a "day" includes 1–2 hours of meetings, async messages, and context-switching,
  • the cap on how many real days you can sell per month (15–18, not 22),
  • the day-rate buyer's preference for predictability over efficiency — they're often willing to pay above-hourly for the simpler invoice.

The result is usually that a freelancer's day rate, divided by actual hours worked, comes out 10–20% below their stated hourly rate. That's intentional: the day rate is partly a positioning shift from "tracked labour" to "expert engagement."

Why it matters

Day-rate pricing signals senior-ish. It also reframes the relationship — the client isn't paying for hours; they're paying for your name on the project for a day. That shift earns you the right to push back on scope creep with "that's a separate day" rather than "that's another 4 hours."

How Ensaria relates

Set a day rate on a project (instead of an hourly rate), and Ensaria tracks your time against it without converting back to hours on the client-facing invoice. The internal money chip still computes your live effective rate and real rate so you can see the truth privately, while the client sees a clean "12 days at €1,400" line.

Related terms

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