Re: translating an hourly contract rate into a salary

["Ned Bedinger" <doc -at- edwordsmith -dot- com>]

The  fixed ratio (3:2) might bear a fair resemblance to your W2 contractor
pay compared to your FTE pay, but only because of assumptions you're making
about the number of hours you'll work in a year.  The ratio ought to be
pegged to an index of the health of the contract market.  When jobs are
scarce, the ratio should reflect the fact that contractors are getting fewer
hours of work.  The rate should go up.

One fixed ratio for all W2 contractors is not a reliable substitute for
knowing pretty exactly what you need, and billing accordingly. YOYO (yer on
yer own) figuring out how many billable hours to spread your income
requirements across.

Get it while you can.

Ned Bedinger
Ed Wordsmith Technical Communications


^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

ROBOHELP X5: Featuring Word 2003 support, Content Management, Multi-Author
support, PDF and XML support and much more!
TRY IT TODAY at http://www.macromedia.com/go/techwrl

WEBWORKS FINALDRAFT: New! Document review system for Word and FrameMaker
authors. Automatic browser-based drafts with unlimited reviewers. Full
online discussions -- no Web server needed! http://www.webworks.com/techwr-l 

---
You are currently subscribed to techwr-l as:
archiver -at- techwr-l -dot- com
To unsubscribe send a blank email to leave-techwr-l-obscured -at- lists -dot- techwr-l -dot- com
Send administrative questions to ejray -at- raycomm -dot- com -dot-  Visit
http://www.techwr-l.com/techwhirl/ for more resources and info.