Rates
Price transparency
Price transparency means that all Buyers and Sellers who use the 4FMV sites will know your rate. The rate they see includes our industry-beating management fee. The management fee for hourly rates is 12%. For fixed-price contracts, the rate is 15%. With such a lean management fee, the 4FMV sites are very attractive to Buyers of your services.
Negotiating with your Buyer
The rate a Buyer sees is the rate they are expecting to pay. Some Buyers may wish to negotiate your rate. Remember, when you negotiate a rate for a contract, the rate the Buyer pays will include our management fee.
About your hourly rate
Flexing your rates
You can change your rate at any time, from your 4FMV homepage.
By signing in regularly, you can keep an eye on the rates that other Sellers are charging for comparable skills.
You can then decide whether to set your rate at the current ‘market’ level, or to reduce it to stimulate demand for your services.
Minimum wage
Please note that you are not allowed to set an hourly rate that is less than the «minimum wage» for your province.
Your take-home pay
Remember when you are setting your hourly rate, that you need to pay taxes out of your rate. You also need to provide enough for vacation cover, as you do not receive vacation pay for contracts.
Payroll Deductions
No income deductions will be made. These are the responsibility of the Seller.
For sole proprietors only, EI and CPP/QPP deductions will be made from your hourly contracts. No deductions will be made for fixed-price contracts.
For incorporated sellers, no payroll deductions of any kind will be made.
Charity discount
You can set a special charity discount on your usual hourly rate, for registered charities.
Charities and non-profit organisations registering as Buyers on charity.4fmv.ca have access to the details of all Sellers registered on the 4FMV sites.
On your homepage, you can choose a percentage reduction in your usual hourly rate, for contracts with registered charity Buyers.
Any Seller offering a charity discount will have this icon 
next to their details on charity.4fmv.ca
