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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! |