$50 - $150 An Hour! Really! Understanding Survey EarningsSo, what's the deal with all the high earnings claims on paid survey sites? If you've ever stumbled across listings for memberships into paid survey programs, you've also probably seen some pretty outrageous dollar signs thrown around as well. It's not uncommon to see potential income claims in the neighborhood of $40, $50, even $150 AN HOUR!!! If true, even forty dollars an hour would be amazing. So, the ultimate question is: How much stock should we put into these potential earning claims? Truth be told, if you were to total the amount of money you made by taking surveys or participating in focus groups and divide that total by the amount of time it took took to complete these tasks, you very well could be earning over $50 an hour. However, one hour of work could be spread over a month's time or more. How is that? It's All About The DemographicsSurveys are distributed based on demographics and interests. For example, if a site has a survey about a popular multi-vitamin marketed to senior women, and you are a college-aged male, you won't qualify for the survey. Based on a person's particular demographic profile, he or she may only receive a survey every few weeks. Because compensation is dependent upon how many surveys you can take, the amount you are paid is limited to the number of surveys for which you qualify. By only completing a three or four surveys per month, you won't be earning large sums of money. However, after dividing the total dollar amount earned by the time spent earning it, the compensation per hour could be very high. The snag is, you may only be working an hour every 40 days or so – it depends upon how of you qualify for surveys. Simply put, this is not something for which you'll be putting in many, consistent hours. Furthermore, the $150 dollar mark is very high end. Reaching this amount of money through surveys alone isn't an easy feat. That level of compensation is more often associated with focus groups rather than online surveys. Another point to keep in mind: survey sites usually have minimal payout limits. This means you won't receive a check until a you've reached the minimal cashout amount. The amount varies across sites and may easily range from $5 to $20. Also, some survey sites have opted for prize payouts or entrances into prize/cash drawings. It is important to find out each site's compensation method and minimal payout before joining. If you're not interested in what they've got to offer, don't sign up. Chances are you won't find it as rewarding. So, are paid surveys worth taking?Paid survey sites can be a relatively easy way of making a little extra money. You won't likely be supporting yourself by participating in them, but that's no reason to avoid participation altogether. A few extra bucks here and there can be handier than you think. Return From Understanding Potential Earnings to Paid Surveys
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