Contract Rate Advice
Subject: Re: [DE-Sea] (business)Figuring contract rates
I always start with the expected annual salary, and work
backwards to find
the contract rate.
If you work 50 weeks per year, at 40 hours per week, you will
work 2,000
hours per year.
Take your target annual salary, and divide it by 2,000. Then add
about 20%
to that to cover benefits, etc.
So if your target salary is $60,000, the equation would look like
this:
$60,000 / 2,000 hours = $30/hour
$30 x 1.20% = $36/hour.
You can increase the 20% figure if you think it's too low/high, I
just threw
it out there as an example.
Good luck!
Jubal
http://www.seattlerecruiter.com
Your Local Job Board

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