I can help answer that... Generally speaking your consulting rate should be 2 1/2 times your calculated hourly rate of a salaried position to account for benefits and taxes. So if you have a salary of $60,000 a year, your consulting rate to be equitable with your salaried position should be approximately $72.12.
$60,000 salary / 52 weeks = weekly salary / 40 hours = salary per hour * 2.5 = consulting rate At least that is how it was explained to me. Real world - at least from my experience (and apparently Ed's) - doesn't usually work out that way though... -Tim -----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Allen Shaw Sent: Thursday, January 18, 2007 11:56 AM To: NYPHP Talk Subject: Re: [nyphp-talk] Followup: Going weekly rate for php developer/coderin NYC these days? Chris Shiflett wrote: > $60 / 2.4 = $25 Respectable post to be sure, but I couldn't figure out what the "2.4" is. A clue for this poor soul with none, Chris? -- Allen Shaw Polymer (http://polymerdb.org) slidePresenter (http://slides.sourceforge.net) _______________________________________________ New York PHP Community Talk Mailing List http://lists.nyphp.org/mailman/listinfo/talk NYPHPCon 2006 Presentations Online http://www.nyphpcon.com Show Your Participation in New York PHP http://www.nyphp.org/show_participation.php _______________________________________________ New York PHP Community Talk Mailing List http://lists.nyphp.org/mailman/listinfo/talk NYPHPCon 2006 Presentations Online http://www.nyphpcon.com Show Your Participation in New York PHP http://www.nyphp.org/show_participation.php
