When to charge an hourly vs. a flat rate

Both freelancers and those hiring them think about work in terms of hourly rate even when a flat rate has been negotiated. That is just the easiest way to think about value in terms of money and time. In some instances thinking only about money per hour negates the experience and effectiveness of the freelancer and results in lower quality work at a higher rate. On the flip side, when you’re embarking on new work or a…