Anyone else feel the same 🤔

Yep. Totally on board. Thats why I like project based payouts. Deliver X, get paid. 🙂 If your contract has a pay by hour — that is the worst way to optimize for experience. Pay by day is slightly better.

Totally!

Deliver X, get paid.

That is what I am also following these days. But, my total worth of task eventually revolves around hours taken+level of efforts/complexity . This is about design, as we never know some tasks might take more time when we are actually working it, the creative persuite to blame here. I’m bit hesitant to jump to a fixed monthly payouts , irrespective of type of assignments I get throughout that time. Anything to say on this ?

I would totally agree with pay for the product you deliver although not always you get to choose that way. Sometimes I had to work around that by giving it some hours and apparently finished it before hand. I tried to work it out as daily but didn't work out for me as well.

absolutely correct @adorable-musician-78571. I have recently faced similar situation where efforts went over the estimated time. Adding extra hours definitely comes as saviour at times .

No. It depends. If you're getting paid by Indians I think it's better for monthly as it's easier to accommodate the extra changes in the work, if there is. If there's a possibility of project based then that is good when your client is very clear on what they want. I would say more than what is better for us, should think what suits the client. What's your thought

Yes, I agree. If clients also happen to agree on what suits to the contractor, that’s even better I think. I’m into similar situation for now, but we have agreed to run this on probation period for now. Again, this depends on situation, type of projects and professionals involved.

When I ran a services startup many years ago, we were actually very vary of taking projects on a fixed cost basis - because requirements changed all the time. But now as a single person, I find that more appealing. Back at that time, if the client insisted on a fixed cost project, our calculation was: 1.5 x estimated days of effort

@loud-glass-33663 yes thats right. When its a team or a service based, i think this way is better as you kind of have leverage on time and monthly payment. For individuals its easy for do x and get paid y concept, but I would do that as 2 weeks once as it so happened after 1 month of effort the client said sorry we are closing so the payment is still pending. 😞