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Thanks for your in depth response. I save roughly 50% of my take home now living somewhat luxuriously. My living expenses will be very low when my fancy lease
by eof 16y ago
Thanks for your in depth response.
I save roughly 50% of my take home now living somewhat luxuriously. My living expenses will be very low when my fancy lease ends up; probably around ~1k/month.
It's tough though, because I am worth more to this company than any other company in the world; since I hold a lot of specific knowledge.
I think your most relevant question is 'how much will they pay a free lancer to fill my shoes if I walked'.
I also am probably confusing soon to be ex boss and coworkers with the company itself. It is a small company, and more than just the company, my actual friends would having shitty days at work if I just walked; but I don't doubt for a second I would be replaced by the first working bobble-head hacker.
I definitely am not afraid to walk.
I took other advice in this thread (and elsewhere) and did the following. I picked a rate that is just a little higher than I really feel comfortable charging (but is nearly twice what I was charging 1.5 years ago free lancing) and knocked it back a bit; and told them exactly what my rate was, and that I would knock it back for them.
My boss glady accepted, and rejected the discount. So my rate will be $65 an hour. The fact that they went higher than I offered really just proves that I am low balling myself? Eitherway, I am very happy with that rate.
- kaisdavis 16y ago> The fact that they went higher than I offered really just proves that I am low balling myself? Yes. Your boss knew how much it would cost them to find a replacement - short or long term - and your $65/hr came in below that. I am ecstatic that you are happy with that rate, but you probably could have earned more. Does it matter? Probably. But you're happy, they're happy, and I'm happy. Next step? Get it all in writing. Sign a contract with them. If you haven't watched Mike Monteiro's excellent video on getting paid, take 40 minutes and watch it: http://vimeo.com/22053820 http://vimeo.com/22053820 Enjoy your freedom, EOF!
- marklabedz 16y agoDon't forget, the cost to replace you is not your salary + search time. It includes benefits, lost productivity, putting a roof over your head, providing a phone etc. See http://www.useit.com/alertbox/loadedcost.html http://www.useit.com/alertbox/loadedcost.html
- eof 16y agoThank you Kai