TechWhirl (TECHWR-L) is a resource for technical writing and technical communications professionals of all experience levels and in all industries to share their experiences and acquire information.
For two decades, technical communicators have turned to TechWhirl to ask and answer questions about the always-changing world of technical communications, such as tools, skills, career paths, methodologies, and emerging industries. The TechWhirl Archives and magazine, created for, by and about technical writers, offer a wealth of knowledge to everyone with an interest in any aspect of technical communications.
Subject:Going from employee to contractor: setting a rate From:"Steve Schwarzman" <steve_schwarzman -at- hotmail -dot- com> To:"TECHWR-L" <techwr-l -at- lists -dot- raycomm -dot- com> Date:Thu, 22 May 2003 10:49:05 -0500
Hi, all.
I'm going back to school after 14 years as an employee with my present
company, the last several as a pubs manager and most recently as a salesman
of training and doc projects to our custom software company's customers.
We're talking about me continuing as a contractor part-time. I'd like your
help in the perennial question of rate calculation.
Posts from a year or two ago would say that if one's annual salary is $X,
then one's hourly rate should be $X/hour - that is, the same digits. If one
earned $50k in salary, for example, then one's hourly rate should be
$50/hour. This calculation method was presented as basically taking one's
salary, then adding in the extra expenses and risks of being a contractor.
In today's world, does this sort of equivalency still hold?
The alternative method is the one described by Peter Kent, of setting a rate
by taking one's required annual income and dividing by the number of
expected annual billable hours.
For me, these two methods produce similar results, which I take to mean that
the rate I'm thinking of is about right. Opinions?
Robohelp X3, from eHelp, lets you quickly and easily create
professional Help systems for all your Windows and Web-based
applications, including Net.
Order RoboHelp X3 in May and receive a $100 mail-in rebate, PLUS
free RoboScreenCapture and WebHelp Merge Module.
Order RoboHelp today: http://www.ehelp.com/techwr-l
---
You are currently subscribed to techwr-l as:
archive -at- raycomm -dot- com
To unsubscribe send a blank email to leave-techwr-l-obscured -at- lists -dot- raycomm -dot- com
Send administrative questions to ejray -at- raycomm -dot- com -dot- Visit http://www.raycomm.com/techwhirl/ for more resources and info.
