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From Mike Kienenberger <mkien...@gmail.com>
Subject Re: Consulting rates
Date Mon, 08 Nov 2010 19:24:37 GMT
And since most people work 40 hours a week (approximately 2000 hours a
year), another more generalized way to state the rule of thumb is take
your preferred annual salary and divide by 1000.

Ie, $75,000 becomes $75 an hour.  In the US, keep in mind that taxes
on income after business expenses will be no less than 15.3% (self
employment tax) and most likely 30% or higher (se tax plus income and
other taxes), so a lot of this money disappears quickly :)


On Mon, Nov 8, 2010 at 2:05 PM, J Aaron Farr <farra@apache.org> wrote:
> Rough rule of thumb is to take your salary (or preferred salary),
> convert it to an hourly rate, then double it.
>
> --
>    J. Aaron Farr
>    馮傑仁
>    www.cubiclemuses.com
>
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