Berkeley CSUA MOTD:Entry 27595
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2024/12/24 [General] UID:1000 Activity:popular
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2003/3/4-5 [Uncategorized] UID:27595 Activity:moderate
3/3     Formula for interpreting contractor salary vs FTE.

        X = $/hr FT contract;  Y k$/yr FTE
        Y = X*2 - benefit allowance - instability margin

        benefit allowance is a constant around $5000(bachelor)-$10000(family4)

        instability margin is an allowance for the time you will spend
        finding a new job after your contract expires (season to taste)
        \_Reality check: charge as much as you can get away with.
        No, the world doesn't work according to arbitrary formulas, son...
        \_ It's better than nothing. Thanks!