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Your hourly wage should be priced much higher than your wage for fixed yearly employment because the time is inconsistent and there is overhead. If you make $1
by daveguy 10y ago
Your hourly wage should be priced much higher than your wage for fixed yearly employment because the time is inconsistent and there is overhead.
If you make $100k/year at a full time salaried job you should price your hourly at $100/hr. This is why plumbers charge $80+/hr -- it is skilled labor and the work is not constant and there is overhead.
You have to consider vacation time/benefits/overhead/etc. To estimate yearly salary at full employment of near 40hrs/wk is double the hourly x 1000 per year. So a $100/hr wage is about $200k/year if you are working a full 40hrs per week on client work and there is no overhead. This is never the case -- there is always overhead.
tldr: $100k/hr is not at all an unreasonable level for a software developer to value their hourly time.
- brianwawok 10y ago> tldr: $100k/hr is not at all an unreasonable level for a software developer to value their hourly time. I was with you until you added the k to the last line ;) But yes, I don't think looking at a dev thing and valuing my time as $100 an hour is that far off. Even if it is off by $50 either way, it makes math easier...
- justinlardinois 10y ago$100k/hr is not at all an unreasonable level for a software developer to value their hourly time if they're self-employed.