Another pointer which I thought wasn't discussed, regarding W2 vs. 1099 terms -- You should charge atlease 12% extra for 1099 compared to W2 term to take care of expenses/benefits.
Prady On 11/3/07, Robert Hoekman, Jr. <[EMAIL PROTECTED]> wrote: > Oh good! I'm really glad it was just a math error! I was a little > concerned you were undervaluing your work. :) > > -r- > > Sent from my iPhone. > > On Nov 3, 2007, at 3:27 PM, "Susan Doran" <[EMAIL PROTECTED]> wrote: > > > 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- > >> > > ________________________________________________________________ > > *Come to IxDA Interaction08 | Savannah* > > February 8-10, 2008 in Savannah, GA, USA > > Register today: http://interaction08.ixda.org/ > > > > ________________________________________________________________ > > Welcome to the Interaction Design Association (IxDA)! > > To post to this list ....... [EMAIL PROTECTED] > > Unsubscribe ................ http://gamma.ixda.org/unsubscribe > > List Guidelines ............ http://gamma.ixda.org/guidelines > > List Help .................. http://gamma.ixda.org/help > ________________________________________________________________ > *Come to IxDA Interaction08 | Savannah* > February 8-10, 2008 in Savannah, GA, USA > Register today: http://interaction08.ixda.org/ > > ________________________________________________________________ > Welcome to the Interaction Design Association (IxDA)! > To post to this list ....... [EMAIL PROTECTED] > Unsubscribe ................ http://gamma.ixda.org/unsubscribe > List Guidelines ............ http://gamma.ixda.org/guidelines > List Help .................. http://gamma.ixda.org/help > ________________________________________________________________ *Come to IxDA Interaction08 | Savannah* February 8-10, 2008 in Savannah, GA, USA Register today: http://interaction08.ixda.org/ ________________________________________________________________ Welcome to the Interaction Design Association (IxDA)! To post to this list ....... [EMAIL PROTECTED] Unsubscribe ................ http://gamma.ixda.org/unsubscribe List Guidelines ............ http://gamma.ixda.org/guidelines List Help .................. http://gamma.ixda.org/help
