Re: Going from employee to contractor: setting a rate

[dmbrown -at- brown-inc -dot- com]

Steve Schwarzman wrote:
> 
> ...For me, these two methods produce similar results...

Yep, they should produce similar results.  That's why they're both reasonable methods for determining rates.

:)

This is especially true when you're going to work with your current (soon to be former) employer.  They'll have a clear understanding of what you *really* cost them as an employee, rather than just considering your salary.

As for today's economy, be prepared to accept more like 3/4 of $X.  (Using your example, a $50,000 annual salary would translate to a $37.50 hourly wage.)  Ask for more, if you like, especially if they're not looking very hard for anyone else to take the contract; but know that there are probably others willing to work for much less--maybe even some qualified candidates.  If the company opens up for bids, you may not be able to get the same high rate you could have expected a couple of years ago.

In this respect, too, though, it will probably help that your client is your former employer.

--David 
 
========================================================================

HTML Indexer 4 is still the easiest way to create and maintain indexes 
for web sites, intranets, HTML Help, JavaHelp, and other HTML documents.

HTML Indexer 4 includes fully integrated cross-references, target frames 
and windows, multiple-file output, "one-step accept" of default entries, 
and more!

http://www.html-indexer.com/

 

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

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.