Nitin Gupta

I think it depends how much time one thinks it would take him to get the
next project. When you are between the projects you may want to cover
yourself at the rate of your yearly salary. For example if you the target
salary is $80K and you add say 20% extra for the cost of parttime
employment. It comes out to be $50/hr.

Now if you get a project say for 3 months and you think you should be able
cover yourself at the normal salary for say next 3 months, because you
expect it would be the time for you to get your next project. Under such
conditions you should be able to charge the 6 months salary in 3 months
project. Based on the numbers mentioned above that comes out to around $50K
for the three month or $100/hr.

Following are the factors

1) The target salary (Say $80K)
2) Cost of parttime employment (medical, taxes etc, say 20%)
3) The risk period to find a new project (Say 3 months)

Thats all I can think off right now. Has any one else has anything to add
???


"SolarCat" <Not_Revealed@private.com> wrote in message
news:bjc19q027s0@enews1.newsguy.com...
>
> I've no clear idea of how long. We haven't had any discussions yet
> beyond agreeing in principle that a consulting arrangement is worth
> talking about. They said it would be for "selected projects," whatever
> that means. Potentially it will lead to an offer of full-time
> employment. What differences do you expect based on the contract term?
>
> On 5 Sep 2003 21:56:12 GMT, "Nitin Gupta" <nitingupta@sbcglobal.net>
> wrote:
>
> >
> >Wouldn't the rate depend on the term of contract. Do you have any idea
how
> >long the contract is going to be for ?
> >
> >"SolarCat" <Not_Revealed@private.com> wrote in message
> >news:bj8evb01i97@enews2.newsguy.com...
> >>
> >> After applying and interviewing for a Marketing Director position at a
> >> small high-tech company, I was told they've decided not to fund a
> >> full-time position now but may wish me to work with them as a
> >> consultant on specific projects. I'm open to such an arrangement, but
> >> having never consulted in this field I'd like some feedback on what
> >> rates might be considered standard and/or reasonable under the
> >> circumstances.
> >>
> >> For the sake of argument, let's say that the full-time position would
> >> have paid $80,000. That would be $40/hour bsed on a standard working
> >> year. Add the benefits that a self employed person must provide for
> >> him/herself plus the other costs of part-time self employment, and it
> >> seems to me that twice that, $80/hour, could easily be justified. On
> >> the other hand, I know that the company views this in part as a kind
> >> of internship in their industry, with which I am not familiar. And
> >> they're trying to save money with the consulting arrangement.
> >>
> >> Add this all up and I'm uncertain what to ask for or agree to. Any
> >> thoughts would be appreciated. Thanks.