What am I worth annually or per hour?

Question

I work as a web designer and developer for a local retailer. I set up a new website for my employer who is a big ticket retailer.

Average in-house sales amount is approx $550.00 per transaction.

Annual sales numbers range from 27-38 million.

I was hired to set up an e-commerce site to sell products online and have them delivered to local customers within 100 miles. The soft launch, without driving traffic to the site or having all products online yet (so far there is around 2500 products available to browse and purchase) has yielded $6000 the first week. At this rate he will have made his money back on hiring me in about three months.

I have designed (Photoshop, Illustrator, Indesign), developed (php, html, css, javascript, xml, mysql) and deployed his website using an open source e-commerce CMS. I have no other developers or designers to work with. I'm the skipper for the web department other than my project manager (who handles the local network, POS systems, Marketing vision, and Advertising budgets). I am also responsible for Analytics, and web marketing (ie driving traffic and conversion rates). The projected goal for monthly web sales cooked up my the Executive team (3 people) is approx $100,000 gross sales per month.

My question is what should I be getting paid? I am going to propose a salary negotiation soon since I have hard numbers to prove that I'm making money for the company and built a sustainable system for the future. Do I base this number on a conversion rate? The web industry standard?

Currently I'm getting paid hourly just under one of the front-desk customer service associates (who don't even have email addresses). And I have no benefits of any kind. My pay is comparable to a pizzaria manager (although I think they get benefits). I'm not bitter, I just want fair pay.

Just wanted to get this out there and get a few opinions. Thanks.

Answer 1

Check out th site below. I typed in a few things - got $66,000.



I work with some webmasters through my business - and they have shared with me their figures since I have set them up with residual income. I have heard from $50,000 - $150,000.

Answer 2

You need to research the costs associated with building this website independently. Contact a web development company or two and ask them for a quote for a site similar in scope to yours (don't tell them you are using your own site to get a quote). Once you have an idea of the freelance costs associated with the site, you will be in a position to negotiate.



The numbers you provide mean very little. Gross sales mean nothing, net sales are all that matter here. You could have $100 million in gross sales and only make a few hundred thousand bucks.



Based on what you say above and assuming you know how to write commerce software that won't jeoparidize the website, you could earn anywhere between $45,000 and $150,000 based on your education and other responsibilities.

Answer 3

Multiply the hours, say it runs 24/7 one year a yr. Thats 8760 hours. now multiply the hours through the fee (.08). your spending approximately seven hundred a yr to run that, if im no longer unsuitable. (did this in my head so sorry if its somewhat off.) however thats well-nigh the way you do it :p