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The rule of thumb with contracting is to take your base salary, divide by 1000, which becomes your hourly rate. This roughly coincides with paying your own ben
by parasubvert 16y ago
The rule of thumb with contracting is to take your base salary, divide by 1000, which becomes your hourly rate.
This roughly coincides with paying your own benefits and 1/3 of annual downtime. Not that you're planning for 1/3 -- it's risk adjustment.
- Silhouette 16y agoThat's a very rough rule of thumb, because it depends a great deal on the tax regime you're operating under.
- parasubvert 16y agoOf course. And I was referring to practice in US and Canada. YMMV of course.