[thelist] going solo?

[Glenn Hunt]

The biggest problem with this calculation though, is that as an
independent contractor, it is almost impossible to bill 40 hours/week,
assuming you want to work 9 to 5. I count on averaging about 30-32 per
week.

Glenn Hunt
ghunt at hds.ca

> -----Original Message-----
> From: thelist-admin at lists.evolt.org 
> [mailto:thelist-admin at lists.evolt.org] On Behalf Of Jack Hand
> Sent: Friday, September 28, 2001 8:14 PM
> To: thelist at lists.evolt.org
> Subject: RE: [thelist] going solo?
> 
> 
> Hourly rate:
> 
>   $30 / hr * 40 hrs / week = $ 1200 / week
> 
>   $1200 / week * 50 weeks / year = $ 60,000 / year
> 
>   Take the hourly rate.  Double it.  Add 3 zeros.
> 
>   Assume you work regular.  No overtime.
>   No holiday pay.  No long vacations.
> 
> 
> >From: "Eric Miller" <ericmiller at mediaone.net>
> >
> >My rule of thumb is an hourly rate multiplied by 1000 should be at 
> >least equal to your annual salary as an employee.
> 
> 
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