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That would be over double the offer amount!! I don't think that would fly. I have done some contracting before and my rate is far higher than my employment rat
by maybecontractor 5y ago
That would be over double the offer amount!! I don't think that would fly.
I have done some contracting before and my rate is far higher than my employment rate, but it's always been for smaller contracts... not for something that is effectively a full time position.
- throwawayffffas 5y agoI am not an accountant or anything but I think a rule of thumb is employment costs 50% more than the employees salary. Don't feel too bad asking significantly more, after all you are not getting any equity which sounds like your main motivation.
- mandelbrotwurst 5y agoThat sort of rule of thumb is going to be most accurate for average salaries, because large amounts of the non-salary costs are relatively fixed (e.g. health insurance costs the same amount whether you earn $50K or $200K annually). As salary goes up, so does its share of total compensation.
- jacquesm 5y agoFull time positions are dealt with using payrolling companies or SPVs as daughter companies under the mothership, not by independent contractors (with all of the associated risks) and a reduced rate. You are making a lot of excuses for this company in this thread.