Free Tool
Retainer Calculator
Price a monthly retainer from the hours it covers, your rate and an optional discount.
0 for none
Monthly retainer
$2,850.00/month
30 hours at an effective $95.00 per hour.
Year
$34,200.00
12 months
Client saves
$150.00
per month
Extra hours
$100.00
per hour past the cap
per.hr bills retainers on schedule, with time past the cap at your rate. Start free
Want the hours tracked and invoiced for you? Start free with per.hr.
Questions
How Do I Price a Monthly Retainer?
Multiply the hours the client usually needs per month by your hourly rate. 30 hours at $100 per hour is $3,000 per month; a 5% discount for the commitment makes it $2,850.
Should I Discount a Retainer?
It's optional. A small discount, often 5% to 10%, rewards the commitment and the steady income it gives you.
What Happens to Hours Past the Retainer?
They're usually billed at your regular rate on the next invoice. Say so in the agreement, along with what happens to unused hours.
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