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If the company is working to ensure that you are seen as an independent contractor, then they may require you to provide your own tools, such as computer and ce
by pzb 12y ago
If the company is working to ensure that you are seen as an independent contractor, then they may require you to provide your own tools, such as computer and cell phone. You should also expect that expenses incurred independent of specific performance of the contract will not be reimbursed.
So take your target salary, add the costs of cell phone, computer, laptop, etc plus all your routine costs (internet access, cell phone, business phone, etc) plus all benefits (time off, sick pay, life insurance, health insurance, disability insurance, retirement plan contributions, etc) plus your downtime costs (it is highly unlikely you will contract 40 hours a week every week for the whole year, so you will have unbillable time while you search out your next gig).
You will have to do the math for yourself, but it probably comes to an additional 50-100% of your current salary rate. This calculator is a good start: http://www.rakkar.org/ContractPayCalculator.html http://www.rakkar.org/ContractPayCalculator.html