Re: Consulting rates

Thank you. This is very helpful. I didn't know that there was a clear  
rule of thumb like this.

On Nov 8, 2010, at 2:24 PM, Mike Kienenberger wrote:

> 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 <[email protected]> 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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--
Rich Bowen
[email protected]