Brian, The way I would calculate a given rate is based off the number of years of experience...
I usually work it using the following rule: * If they are completely new to the role, about $20 an hour... * Every 4 years of experience nets them an extra $15 an hour on top of that. * And every year above 10 years gets them an extra $5/hr on top of that... so 12 years of experience nets 20 + 3*15 + 2*5 = 75/hr => ~ 600 a day... minimum. The over 10 years add on, could be as high as $10 more per hour for every year of experience above 10 years... so this rate can vary as much as an extra 10/hr... which only works out to about 680/day... (85/hr) A "desirable" salary on the other hand, generally is about the hourly rate expressed in thousands plus about 20%... So a $75/hr position works roughly well as 75K x 1.2 => 90K salary position... base salary for the sake of example... Rule of thumb is that as a contractor you're earning roughly double your rate in thousands in salary per annum... so earning 75/hr is almost equivalent to earning 150K/year. Switching to a perm role, and therefore a lower salary equivalent is usually a big deterrent for most contractors considering a perm role... especially if it means dropping about 40% of your income... But as Mark Picker said... the salary packages also include a substantial amount of annual leave, sick leave, flex time, superannuation, and so on to make up for a number of these cutbacks. I'm a contractor myself, and have been for some time, I know that there are risks to dropping to a perm role, but I personally can't wait to get into a stable CF Dev role myself once this contract finishes up... @Mark P, DET have been trying to fill a CF role over the last few years but have been unsuccessful? Just out of curiosity, what channels did you go through re advertising the role? There's a number of us developers out there, I'm surprised you had difficulties?? ~ Eliseo On Fri, Mar 11, 2011 at 12:15 PM, KNOTT, Brian <[email protected]> wrote: > Guys what’s the current daily rate for an experienced CF developer. Short > term project. > > > > Brian Knott | Budget and Forecast Specialist | Group Budget, Planning & > Forecasting | Group Finance | Suncorp > > Ph: 07 313 52618 | Ext: 52618 | Mob: 0404 319078 > > GPO Box 1453 Brisbane QLD 4001 | Level 29, Brisbane Square, 266 George St > > [email protected] -- You received this message because you are subscribed to the Google Groups "cfaussie" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/cfaussie?hl=en.
