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Subject:Re: From contract to full-time From:Marc Santacroce <santa -at- TFS -dot- COM> Date:Thu, 16 Mar 1995 14:50:00 PST
At 7:43 AM 3/16/95 -0500, Joanna Sheldon wrote:
>Hi all --
>I'm in a quandary. I'm working as a contractor for a small company that is
>about to make me an offer for full-time employment. I make more as a
>contractor than they can pay me if I work full-time; the question is how
>much less should I accept as a full-time employee?
>Presumably they'll offer medical insurance, so that'll count for something;
>and they'll be paying the other half of my social security, which I can give
>a value to. But is there some standard way of figuring how much of a cut to
>accept in return for the security of employment?
>"A language is a dialect with an army and a navy." -- Max Weinreich
============
My understanding is that overhead and benefits cost a company 35% to 50%
above wages. You'll hate this, but reduce your hourly by those percentages
and multiply that figure by 2000 or 2080 hours to get your yearly salary.
=======================
M_a_r_c_ A. _S_a_n_t_a_c_r_o_c_e_________________________
Technical Writer/Trainer TRW Financial Systems, Inc.
300 Lakeside Dr. Oakland, CA 94612-3540
santa -at- tfs -dot- com santacroce -at- aol -dot- com
"Better to be judged by twelve than carried by six"
