The PHP Roundtable podcast, hosted by Sammy Powers, has posted its latest episode. In this new show he's joined by Keith Casey, Tim Lytle and Mike McDerment to talk about hourly versus value based pricing when charging for freelance development work.

There are two seemingly contradicting philosophies about how to charge clients for programming work. The hourly camp suggests that the client is paying for your skill and hiring you for your time. The value-based pricing camp suggests that the programmer should price a project based on its value to the client instead of the hours it will take to build it. Today we chat about these two ideas and discuss the pros and cons of both.

You can catch this latest episode either using the in-page audio or video player or by watching the live recording directly over on YouTube. If you enjoy the show and want to see more like it, be sure to subscribe to their feed and follow them on Twitter for information about the most recent and upcoming shows (and live recordings).