Just had a chat with the guys on #roro about a post I just put 
up regarding this - and I must say that I disagree on quite a number 
of points, having contracted for about 2-3 years of my career, and 
not having anywhere near these expectations.

In short, I used to work for most companies at approximately $55/hour. You 
cannot expect people to pay for your downtime - it is of your own interest 
and initiative to find out if/when contracts end and if you're continuing, 
well ahead of contract end date (I used to know about 4-6 weeks out). If it 
doesn't look like you're going to continue, start looking. I used to look 
regardless of the outcome. I was never out of work. During the GFC I 
 actually upped my rate and still had no problems.

Furthermore - $75/hour for $75k/annual is NOT equal. If that were the case, 
we'd all be contracting, as it means you only have to work approximately 25 
weeks/year to meet your annual (closer to $150k/year) expectations. For me 
this was never a problem (as I always had work), but perhaps it's a bit 
different these days. In any case, this is WELL ahead of people on 
permanent salaries. What you should be doing, is taking 6 weeks from the 
annual and making up that gap. This is pretty much the expected norm.

All said and done, as has been said here - specify whatever rate you're 
after and if you can get it - well done.

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