lol, I would never pay that much in my entire life. I'd rather take college courses to learn to do the same thing myself than pay that much. Oh...you probably could actually at that insanely ridiculous rate.
I am a Sales Executive for a Corporation, I know big whoop is the reaction of many to that comment. But I know how the game works, because I see it on every job we contract. Ok, job costs $15,000.00 USD, Builder Payout is $3000.00 which equates to like 9 days building time, "builder you have 9 days to do the job, if you take longer you make less money, if you get it done earlier you make more." Of course our high standards of excellence in construction have to be applied to ensure customer satisfaction. But I understand what you're saying.
Still, an hourly rate should only be applied IF the coder that has taken the job has shown progress. If the coder knows nothing of what they are doing, it isn't the buyer's job to pay for them to "trial & error" to figure out the code. Either know what your doing, or don't act like it and take a job you cannot do. That makes it fair to the buyer, which many coders I don't think want to accept. You want to be paid no matter what, and at the same time, if the buyer ends up with nothing....NOT due to malice, but due to "coder unable to complete'' they've wasted there money...yet the coder is still paid.
That's why I think people should be thorough about what they want, and a coder should either have a good working concept of how to complete the project, or don't estimate on it. Don't waste buyers time.
Thank you,
LoA
_ P.S. I don't do design work for example, not because I can't or am not skilled, it's because I don't want to as my level of standard for my own graphics is extremely high. But I wouldn't charge ridiculous prices unless I could produce extremely high quality graphics within mere hours or minutes of accepting a job.
Like I said, speed and a high price can work at the same time. Slow and high hourly rate = useless and painful to the consumer.