Re: salary : permanent vs contract

Ok. Thanks a lot. That gives me a fair idea.
On May 17, 12:16 pm, "Tim Ward" <t...@brettward.co.uk> wrote:
> <rubyg...@googlemail.com> wrote in message
>
> news:c33768b2-3683-4dc8-8e6c-ffbafc8bfc41@a70g2000hsh.googlegroups.com...
>
> > Hello Everyone,
> >         I am interested in knowing what is 'conversion'
between
> > salaries qouted per annum and those quoted per hour for contractors.
>
> > For instance, if I can get a salary of 50,000GBP per annum for a
> > software job. Then, what I would I be worth per hour. If I were to
> > directly convert it for 52 weeks & 40 hours a week, it comes to around
> > 24 pounds an hour. Thats low right?.
>
> Try 40 weeks to start with. Then add a bit for employer's NI, then add a b
it
> for insurance or the risk of losing income through being ill, then add a b
it
> for the risk of not working for part of the year, then add a bit for any
> further travel or staying away from home costs, then add a bit for ...
>
> ... Once Upon A Time a reasonable calculation was to double the figure you

> got from your original sum. But I think in some markets you can't get away

> with that any more.
>
> --
> Tim Ward - posting as an individual unless otherwise clear
> Brett Ward Limited -www.brettward.co.uk
> Cambridge Accommodation Notice Board -www.brettward.co.uk/canb
> Cambridge City Councillor
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