translating an hourly contract rate into a salary

Subject: translating an hourly contract rate into a salary
From: Thomas Luehrsen <thomas -at- elmwoodstudios -dot- com>
To: "TECHWR-L" <techwr-l -at- lists -dot- techwr-l -dot- com>
Date: Tue, 14 Sep 2004 09:58:09 -0700


Does anyone have a good rule-of-thumb formula for calculating a salary equivalent from an hourly contracting rate?
(Yes, the salary includes benefits like health insurance.)

Thanks,
Thomas Luehrsen


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