LAUAN502 - Study Task 4

For this study task I was asked to discuss working as a freelance / studio animator and the processes I would take to ensure a prosperous business.

The first thing I need to do is find out an hourly pay rate. In order to do this I should do some calculations from my Cost of Living Calculator.



To do this, I rounded it off to 10,100, divided it by twelve, then by 4, then by 5, then by 8 to find out my hourly rate.



I found that my weekly pay rate should be £210.42. I divided that by 5 for working from monday to friday. I found that I'd be having to work for £42 a week. I found that if I work for 5 hours from those days, I would earn just around minumum wage in the UK, at £8.41. I feel that I should earn more however, so I would place my hourly rate at £9.50 minimum.



I discovered through research that my hourly rate should range somewhere between £15-£20.

I would comfortably put my hourly rate at £15 or £16 as I am still a Junior animator in training. I would charge around the same for my artworks as well. Last year I created a commission sheet, and found it needed updating:

I have also created an invoice for possible contracts and commissions

Contract:







Evaluation: I feel that I've done quite well in constructing my hourly rates, invoice and contract. I feel that there is enough information. However, I feel that I could be more specific in my contract concerning the terms and conditions.