Robert,

Ha! you're completely right--not that I undercharge, but my math was wrong!


What I meant was, as a simple rule of thumb, to double (2x) the hourly rate
you'd get as a FT person.

So an arbitrarily picked $100K salary "inside"--which is approx
$50/hr--would be doubled to $100/hr.

Yikes--thanks for calling me on that!

- Susan

On 11/3/07, Robert Hoekman, Jr. <[EMAIL PROTECTED]> wrote:
>
> I've been doing contract work on and off for 15 years, and have found it's
> > prudent to gauge rate at 50% over a FT hourly rate.
>
>
>
> If I'm following this correctly, I think this means you've been
> undercharging for the past 15 years.
>
>
> Let's say you make $70k at a full-time position (this number was picked
> arbitrarily). Your hourly rate is, like, $33 and change (ish). Following
> your equation, your hourly rate for contract work would be $50/hour (ish).
> If you make more at your in-house position, then you're used to a higher
> rate, and your contract rate is still way too low.
>
> This is not only a low rate for an experienced designer, but it also means
> that your nights and weekends are barely valuable to you.
>
> This is your *personal* time you're giving up. It's gotta be far more
> valuable than that. If it's not, well, then maybe the last thing you need is
> more work.
>
> -r-
>
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