NYCPHP Meetup

[Timothy Boyden]

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: talk-bounces at lists.nyphp.org [mailto:talk-bounces at lists.nyphp.org]
On Behalf Of Allen Shaw
Sent: Thursday, January 18, 2007 11:56 AM
To: NYPHP Talk
Subject: Re: [nycphp-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)
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