translating salary to hourly rates

[Dave Cramer]

On 25-Jul-07, at 8:46 AM, Fraser Campbell wrote:

> On Wednesday 25 July 2007 08:11:19 Dave Cramer wrote:
>> On 25-Jul-07, at 8:06 AM, Fraser Campbell wrote:
>>> On Tuesday 24 July 2007 09:18:38 Christopher Browne wrote:
>>>> 3.  Remember to add 7% for GST...
>>>
>>> 6% ;-)
>>
>> You really shouldn't add GST to the hourly rates. GST is not an
>> expense to the customer. Any GST you charge they get back from the  
>> gov't
>
> Not exactly sure what you mean.  Adding GST to any IT contract is  
> standard
> practice.  Customer gets billed $/hr + $/hr * 0.06 for every hour  
> invoiced.
Yes, this is true. But if you are getting x dollars per hour and want  
to convert that to a contract don't add the GST as part of the  
contract rate. It's added after.

DAVE
>
> -- 
> Fraser Campbell <fraser-Txk5XLRqZ6CsTnJN9+BGXg at public.gmane.org>
> Georgetown, Ontario, Canada
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