Let's Get to the Money
It’s #womencrushwednesday so let’s talk equal pay. Yesterday a good friend of mine, Naretha Hopson, invited me to the table to plan a private meet and greet with Areva Martin in St Louis, MO. More than 30 women set around a table discussing their hopes, goals and dreams and while they were talking...it dawned on me...we don’t know our worth.
Rewind to last weekend, the same thing happened while I was attending the United State of Women Summit. Over and over again, stories of badass women not knowing their worth kept surfacing. And not to mention, when I conducted a survey a month ago to collect speaker fees, women that had been speaking for YEARSSSSS were still charging little to nothing.
Friends—we are worthy so starting today let’s get paid!
How to calculate your speaking fee:
Speaking fees are based on many things...your experience and credibility, length of speech, location of speech, type of engagement, # of attendees, years you’ve been speaking and type of organization amongst other things. Fees can also be calculated based on a daily market rate for your city or state.
But regardless, if you are a speaker with 5-10 years of work experience or 50 talks under your belt, you shouldn’t charge anything less than $5,000 as your starting fee. If you are an intermediate speaker with 3-5 years of work experience or 10-50 speeches completed, you shouldn’t charge anything less than $2,500-$3,500. If you are a beginning speaker with less than 3 years of work experience and less than 10 speaking engagements under your belt, you shouldn’t charge anything less than $1,000-$1,500.
And of course, there’s outliers. Those with 10+ years of work experience and no speaking experience can start off charging $10,000 plus and those that have huge social media followings or note-worthy achievements can do the same.
Hope this helps! And if you have expertise in speaking fees—do share!!! #heyFRIEND