Outsourcing a small project; is it better to pay by the hour OR pay a fixed fee?

Johnson Tay · 11-25-2009, 08:48 PM

Hey guys,

I just signed up for oDesk and posted a job looking for someone to help me with a very simple project which involves gathering URLs in a particular niche.

This project is a one-time thing so I'm not sure whether to pay by the hour OR pay a fixed fee?

Some advice would be appreciated

TIA,

Johnson

Kenster · 11-25-2009, 08:52 PM

Initially I would say a fixed fee but...

Try and find good people to outsource and stick with them. Being able to trust somebody you outsource is huge, and then you can pay by the hour once that trust is built.

In my experience its tough to find a good outsourcing, but once you find a good person, do whatever you can to keep them. My philosophy is to always hire people smarter than me...i confess thats not hard to find hehe.

but seriosuly, good outsourcing will help your business 10 fold

ken

FaJeeb · 11-25-2009, 08:54 PM

Quote:

Originally Posted by Johnson Tay

Hey guys,

I just signed up for oDesk and posted a job looking for someone to help me with a very simple project which involves gathering URLs in a particular niche.

This project is a one-time thing so I'm not sure whether to pay by the hour OR pay a fixed fee?

Some advice would be appreciated

TIA,

Johnson

If you aren't standing there looking over their shoulder to make sure they are being efficient of their time, I don't see a point in paying them by the hour. A fixed fee, with an offer to tip if the project meets your expectations, and a loss if it doesn't and they don't offer to work with you.

yesacpow · 11-25-2009, 09:03 PM

I would say it is better to pay a fix fee. I don't trust people working by the hour for me that way. They could take 5 hours to do something that could take 1 or 2 hours if you get what I mean!

Johnson Tay · 11-25-2009, 09:08 PM

Quote:

Originally Posted by yesacpow

I would say it is better to pay a fix fee. I don't trust people working by the hour for me that way. They could take 5 hours to do something that could take 1 or 2 hours if you get what I mean!

Exactly, that's my concern

11-25-2009, 08:48 PM	#1
Johnson Tay HyperActive Warrior War Room Member Join Date: Mar 2008 Location: , , Singapore. Posts: 359 Thanks: 24 Thanked 142 Times in 13 Posts	Outsourcing a small project; is it better to pay by the hour OR pay a fixed fee? Hey guys, I just signed up for oDesk and posted a job looking for someone to help me with a very simple project which involves gathering URLs in a particular niche. This project is a one-time thing so I'm not sure whether to pay by the hour OR pay a fixed fee? Some advice would be appreciated TIA, Johnson

11-25-2009, 08:52 PM	#2
Kenster Krazy Kenster War Room Member Join Date: Jan 2009 Posts: 5,111 Blog Entries: 11 Thanks: 672 Thanked 2,012 Times in 886 Posts	Re: Outsourcing a small project; is it better to pay by the hour OR pay a fixed fee? Initially I would say a fixed fee but... Try and find good people to outsource and stick with them. Being able to trust somebody you outsource is huge, and then you can pay by the hour once that trust is built. In my experience its tough to find a good outsourcing, but once you find a good person, do whatever you can to keep them. My philosophy is to always hire people smarter than me...i confess thats not hard to find hehe. but seriosuly, good outsourcing will help your business 10 fold ken
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11-25-2009, 09:03 PM	#4
yesacpow Senior Warrior Member War Room Member Join Date: Nov 2008 Location: Jamaica Posts: 1,065 Blog Entries: 7 Thanks: 68 Thanked 370 Times in 136 Posts Social Networking	Re: Outsourcing a small project; is it better to pay by the hour OR pay a fixed fee? I would say it is better to pay a fix fee. I don't trust people working by the hour for me that way. They could take 5 hours to do something that could take 1 or 2 hours if you get what I mean!
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