Re: contract-to-hire pricing

Subject: Re: contract-to-hire pricing
From: dmbrown -at- brown-inc -dot- com
To: "TECHWR-L" <techwr-l -at- lists -dot- raycomm -dot- com>
Date: Thu, 03 Jun 2004 16:51:40 -0700


The "rule of thumb" that I've always heard is salary/1000 = hourly rate if you want to maintain your current lifestyle. That is,
if you make $80,000 as a full-time employee, you'd need to
charge $80/hour to maintain the same lifestyle as an
independent.

Yes, assuming you need to buy, maintain, and support all your own equipment and software; do (or pay to have done) your financial and tax paperwork; provide your own medical and other insurance; pay for your own training and career development; and take a couple of weeks off every year.

If you already have the equipment and software you need, are still on COBRA for up to a year and a half, and are loking at being hired before either of those conditions change, you can do quite well for a while on slightly over half that amount (much closer to your actual salary when you established that lifestyle you want to maintain).


Note that when I made the transition, I had a popsicle's chance in haties to charge rates based on that formula, so I
got what the market would bear and coped with it.

How *is* the market in Hades? ;)

--David

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References:
Re: Re: contract-to-hire pricing: From: Susan W . Gallagher

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