Reckoning of day

FREELANCE financial journalist Andrew Bibby has released the latest edition of his invaluable Freelance Ready Reckoner.

Produced every two years, and now in its sixth edition, the Ready Reckoner has become a standard guide for freelance journalists looking to compare their pay with that of staff writers.

Key facts in this year's report include: freelance journalists should invoice media clients £283 for a day's work to achieve comparability with a staff journalist earning £25,000 - and for comparability with a staffer earning £40,000, a day's freelance earnings should be £427.

The real cost to an employer of an employee earning £30,000 is £43,689. See: andrewbibby.com