As a rule of thumb, consulting work needs to pay twice as much as a salaried job. Salaried jobs include benefits and you typically have an hour of unpaid work

As a rule of thumb, consulting work needs to pay twice as much as a salaried job. Salaried jobs include benefits and you typically have an hour of unpaid work for every hour of paid work when you go it alone. So, your clients need to be paying you $400k to be worth as much as a $200k salaried position.