Thanks everybody for your good advice. It was much appreciated.

cheers,
maya

On 11/4/07, prady <[EMAIL PROTECTED]> wrote:
>
> 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*
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-- 
m a y a
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