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Show HN: Salaried to Consultant Daily Rate Calculator
- codegeek 10y agoA lot of my friends/co-workers have asked me about switching from Salaried to Daily Rate consultant as I did it a while back. I built this simple calculator to get an approx. idea. United States only for now as it assumes things like Social Security, Medicare etc. If this post gets any traction, happy to discuss.
- MaysonL 10y agoBack in the day, the rule of thumb I was given was to divide by 100. Probably better than this calculator.
- bradknowles 10y agoYeah, what this tool doesn't account for is all the non-billable time you'll have to spend trying to find the work that you will be billing for. If you figure 50% non-billable (which could be wildly optimistic), the ~200 work days per year would turn into ~100 billable work days, and there is your factor of 100.