Why Low Pay Is Bad Pay, No Matter What the Hourly Rate
I've written about one of the reasons before, the overhead inherent to obtaining, scheduling, and managing assignments, comparing long assignments to shorts:
But say that you are accurately monitoring your time. Why not then do a lot of shorts to make your income? Because there's another consideration - the time for marketing, billing, and overhead. If you make $500 for a short, then four of them pay as much as one 2000 word article paying $1/word. The amount of writing time might even be comparable. However, figure that a 500 word piece really needs two to three sources to come across as sold. You're now booking 8 to 12 interviews, versus the 6 or 7 that might be all you need for the longer piece. That means more time interviewing and scheduling your time.Instead of shorts, substitute low-paying assignment and the point is even more applicable. Not only is there the overhead, but, presumably, you still have to do a credible job on what might be running 1,500, 2,000, or more words.
You're also going to spend about as much time writing a query for a short as you would for a longer piece, plus you have to generate the ideas and pitch editors. So your marketing and sales time has just quadrupled. If you make a lot of your income from shorts, then you're probably spending many more of your hours marketing, interviewing, managing your time, and billing (and collecting). Now you see the real drawback - not the hourly rate, but the time you must invest to do enough shorts to make a living.
That leads me to my other major point, which, I'm sure, will tick off some people. To make money at a low rate, you generally have to cut corners. You don't undertake the extra interviews and research, put in the extra draft and polishing, nor do the other things that let you create better pieces. I know this because much of the language I hear from those who tout the high hourly figures of their low pay rates is how they "knock these assignments off."
If you're depending on speed to make a good hourly rate to make up a bad word rate, then you'll have to cut corners eventually. That's because the client doesn't value the higher level of work enough to pay for it, and you can't provide it without subsidizing that work out of your own earnings pocket. But if you do too much of this, then all of your clips are of those 1,000 word pieces with one or two sources, which are probably not going to get you the higher paying work because it's not just about how well you write, but how well and how thoroughly you research and report. On those occasions when I assign and edit, I wouldn't consider someone whose samples were filled with pieces like that, because I assume that the person isn't willing to make the effort to do something better. In the past, I've found that when someone has spent time wanting to quickly get articles done and get out the door, they start to lose the work ethic necessary to produce higher quality results.
For those who want to disagree, start by asking yourself how many sources you use for a normally reported piece (not a Q&A). The lower the number, the less you bring to an article, and no amount of clever writing can make that up. And those who stress that they make money with low-paying assignments should look at two figures: their annual income and the percentage that these low-paying assignments represent of their total assignments. All the writers I know who make reasonable amounts of money (enough to support you and your family if necessary) focus on higher paying work and not rationalizing why low pay is really not that bad.
Labels: markets, negotiation, pay, rates



0 Comments:
Post a Comment
Links to this post:
Create a Link
<< Home