RE: Contractor Rates

Subject: RE: Contractor Rates
From: "Combs, Richard" <richard -dot- combs -at- Polycom -dot- com>
To: <techwr-l -at- lists -dot- techwr-l -dot- com>
Date: Thu, 21 Sep 2006 13:14:15 -0600

Al Geist wrote:

> I've always used 2080 and that includes for everything from
> developing proposal s in response to government solicitations
> (sounds dirty), for developing startu p and strategic
> business plans and for contract services (both as the contracto
> r and the contractee). You have about 174 hours in a month
> (40 hours a week x
> 4.33 weeks [the average number of weeks per month])....174 x
> 12 = 2078 (rounde d up to 2080 for convenience). Of course

Well, you've made your formula way more complicated than it needs to be.
Assuming that you know there are 52 weeks in a year, you can arrive at
2080 simply by multiplying 52 by 40, which you can do in your head by
doubling 52, doubling again, and adding a zero.

But people generally take some holidays and vacations, so most of us
allow 2 weeks for that, making the math even simpler: 50 x 40 = 2000.

Vacations or not, if your rule of thumb involves math to two decimal
places, I contend you're missing the point of rules of thumb. ;-)

Richard


------
Richard G. Combs
Senior Technical Writer
Polycom, Inc.
richardDOTcombs AT polycomDOTcom
303-223-5111
------
rgcombs AT gmailDOTcom
303-777-0436
------




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