translating salary to hourly rates

[Christopher Browne]

On 7/24/07, Neil Watson <tlug-neil-8agRmHhQ+n2CxnSzwYWP7Q at public.gmane.org> wrote:
> How does one go about translating an annual salary with benefits to an
> hourly contract rate?

Generally, you start by dividing by (50 * 40) to get a suitable hourly
number...  Then you start multiplying again:

1.  If it's a short term contract, e.g. - on the order of a few days,
multiply by 2-3

2.  If it's longer term, then multiply by something more like 1.5
(after all, you have no health or pension benefits, so are cheaper due
to that, and they can "cancel at will")

3.  Remember to add 7% for GST...
-- 
http://linuxfinances.info/info/linuxdistributions.html
"...  memory leaks  are  quite acceptable  in  many applications  ..."
(Bjarne Stroustrup, The Design and Evolution of C++, page 220)
--
The Toronto Linux Users Group.      Meetings: http://gtalug.org/
TLUG requests: Linux topics, No HTML, wrap text below 80 columns
How to UNSUBSCRIBE: http://gtalug.org/wiki/Mailing_lists