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How much will an index cost?
Indexers may quote rates on a per page, per entry ,
per line, or per job basis. For the editor, a
per page rate is probably the easiest to understand
and budget for (realizing that in most cases the
author may actually pay for the index). For
the indexer, a set per page rate can produce widely
varying amounts of income on an hourly basis.
For example, a rate of $3.00 per page can mean an
income of $60 per hour if the text is simple and one
can index 20 pages per hour. On the other
hand, the same rate could mean an income of $6 per
hour if the material is so difficult that one can
only index 5 pages per hour. This is why it is
not possible to quote one single per page rate for
every
job--particularly without seeing a sample of
the work.
No matter how rates are quoted, in reality the cost
of an index is directly related to two factors:
1) how many and how complex are the entries that
must be created; and 2) what does the Indexer expect
to earn per hour for the time spent on an index.
Many factors go into the second calculation.
Indexing is both physically and mentally
challenging. The indexer often spends long
hours at the keyboard, risking repetitive stress
injuries to the hands and arms or to the voice if
Speech Recognition Software is used. Often
working as a freelancer, an indexer must provide medical/accident/disability,
and liability insurance as well as retirement planning
including self-employment tax. Salaried jobs
typically include benefits for these expenses which
may amount to 30%-40% on top of each paycheck.
Besides this, there are all the myriad
activities and expenses that go with
running a business beyond the actual
time spent on indexing. For this reason, an indexer's hour rate may seem
higher than comparable salaried positions – but it
is not really higher when all the above factors are
taken into account.
Frequently one must provide an advance quote on an
indexing job, often based on scant information - at
most a sample chapter. Editors who have worked
with me for years know that I will always charge
them a fair rate for the work when I base my charges on maintaining an hourly
rate that represents a professional and equitable
return for quality work. For the editor's
convenience, I will always quote a per page rate,
but this rate will be based on a clear understanding, hopefully by seeing a
sample chapter or two, of how much time I will need
to spend on an index. For example, over the
past several years I have done indexes for page rates that
ranged from $1.40 to $5.75 per page, but my hourly
rate is currently $55.00/hour.
For more
details, see my standard indexing Proposal/Contract:
PDF format. (Adobe Acrobat Reader 6.0 or later required: If you do not have this, download a free copy at
the Adobe site)
If you have questions about this policy, please call
me to discuss a project, complete the form on my Web
page, or just send me e-mail. You can also
send a sample chapter as a PDF or RTF e-mail
attachment.
Check out the
rates
for
Library/Web research here.
Updated:
April 6, 2008 |