[thelist] going solo?
Glenn Hunt
ghunt at hds.ca
Fri Sep 28 15:23:52 CDT 2001
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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