Your hourly rate is a key component of your profile on Forhopp. Keeping it updated ensures it reflects your experience, market demand, and skill level, helping you stay competitive in the freelance market. Follow this detailed guide to update your hourly rate effectively.

Step-by-Step Guide to Adjusting Your Hourly Rate

Step 1: Access Your Dashboard

1. Log in to your Forhopp account.
2. On the top navigation bar, click on your profile picture or name to access the dropdown menu.
3. Select “Dashboard” to view your account overview.

Step 2: Navigate to the Rate Settings

1. On the Dashboard, locate the “Profile Management” section.
2. Click on “Edit Profile” to access all editable sections of your profile.

Step 3: Find the Hourly Rate Section

1. Within the Edit Profile interface, scroll down to the Hourly Rate field.
2. Your current hourly rate will be displayed here.

Step 4: Set a New Hourly Rate

1. Click on the hourly rate field to activate the input box.
2. Enter your new rate in your preferred currency (if applicable).
   • Ensure the rate is realistic and competitive.
   • Research rates for similar skill levels and industries to ensure your new rate aligns with market standards.

Step 5: Save Your Changes

1. After entering your new rate, scroll to the bottom of the page.
2. Click the “Save Changes” button to update your profile.
3. You will receive a confirmation notification indicating that your profile has been successfully updated.

 

Important Notes for Adjusting Your Rate

• Effect on Existing Contracts: Changing your hourly rate will not impact any ongoing contracts. Your new rate will apply only to future projects.
• Visibility to Clients: Once updated, your hourly rate will be visible to potential clients browsing your profile.
• Automatic Updates Across Services: Forhopp ensures your new hourly rate reflects across all services listed under your profile.

 

Common Issues When Updating Hourly Rates

1. Unable to Save Changes

Reason: Network connectivity issues or incomplete profile details. Solution: Check your internet connection and ensure all mandatory profile fields are completed.

2. Rate Not Updating on Public Profile

Reason: Delay in system synchronization. Solution: Refresh your profile or wait a few minutes for the system to update.

3. Error Messages During Update

Reason: Non-compliant rates (e.g., below minimum allowable rates). Solution: Adjust your rate to meet platform guidelines and retry.  

Best Practices for Setting Your Hourly Rate

1. Benchmark Against Peers Research profiles with similar skills and experiences to determine an average market rate.
2. Reflect Your Value Consider your expertise, certifications, and past reviews when setting your rate.
3. Review Rates Periodically As you gain experience and expand your skillset, revise your rate to reflect your professional growth.
4. Avoid Overpricing While setting a high rate can signify confidence, ensure it aligns with client expectations and market trends.

By following these steps and tips, you can effectively manage your hourly rate, making your profile attractive to clients while ensuring fair compensation for your work.