hourly billing

Pay per hour

Hourly billing is a payment structure where charges are calculated based on time worked rather than a flat fee or project rate.

Common in legal, consulting, and freelance work: The lawyer's hourly billing added up faster than expected.

The practice incentivizes tracking time carefully but can create tension between service providers and clients over how hours are counted.

Related

attorney · consultant · fee · meter · tracking · on the clock · lawyer · law firm · increments · minutes · payroll · charge · nickel and dime · client · overtime · wage · freelance · contractor

Categories
Opposites
fee structure

hourly billingflat fee

Unchanging service charge

fixed fee · lump sum · retainer · quoted price · set price

value alignment

hourly billingcontingency fee

Payment from case winnings

pay-for-performance · commission-based · gain-sharing · pro bono

employment/compensation model

hourly billingsalary

Fixed periodic employment payment

retainer · annual salary · subscription model · membership fee · pro bono

Family

hour, hourly, hours, horology, bill, billing, billed, bills, biller

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Rated G