Gary Kjos
garykjos at gmail.com
Wed Aug 1 11:51:11 CDT 2012
I agree with Jim. I would calculate the approximate hourly rate they were paying you before you left and at least double that. Maybe more. You have to figure that if they were paying benefits to you and paying the employer part of withholdings etc, (assuming in the US) then they were already paying you about twice what you were actually receiving in gross pay. And short term rates should be higher than a longer term deal. So maybe 2.5 would be a better multiplier. But it kind of depends on what you want your relationship to be too. Do you want them to lean on you or do you want them to learn to do it without you. So how much do you want it to hurt when they have to call you? You will have taxes to pay on this if they 1099 you which they should, so be sure not to short yourself on what you ask. And as others have stated in other threads on this subject, you can always DISCOUNT from your base rate, but it's much harder to go UP. Maybe charge triple your current hourly rate with a discount of 10% or 20% off for their paying the bill in a timely manner or something like that? Good luck with your new job too! GK On Wed, Aug 1, 2012 at 11:25 AM, Jim Hewson <jm.hwsn at gmail.com> wrote: > Paul, there are a lot of calculations to go into something like this. > I worked for a company a few years ago working on proposals for contracts. > This gave me the edge when I ventured out into the contracting world. > > If this is only part-time work, I would just double my hourly pay. Keep in > mind that you would be considered a 1099 worker and that approximately 40% > of the gross will go into taxes (in the US) and you'll need to make > quarterly payments to IRS. > If you will be working a lot of hours... then typically, an employee would > cost the employer between 2 to 2.5 times the hourly pay. > Keep in mind a full time self-employed contractor, has to pay themselves > for holidays, vacation, sick time, all benefits, expenses and required > adminitrative time that must be spent away from the job. All that must be > calculated in the hourly rate. > > So... bottom line - for a few hours every now and then... double your > hourly pay. > > HTH > Jim > > On Wed, Aug 1, 2012 at 10:50 AM, Paul Hartland < > paul.hartland at googlemail.com > > wrote: > > > To all, > > > > Probably not the best place to put this so I do appologise, but am in a > > situation in which I have never been or thought about before. I leave my > > current company after almost 11 years this Friday 3rd August, and start > > with a new company on the 6th August. The old company have asked me (no > > further details as yet) if I would be interested in working for them on a > > contract basis out of hours from my new company (no conflicting interests > > of business). What I would like to know is what sort of rates etc I > should > > be requesting for support and help for SQL, SSRS, Access, as these will > be > > systems I have worked on for the last ten years. The thing is they could > > have a situation where they are stuck with an issue, I could log on and > > resolve it in minutes, or may take an hour or more, I can work out my own > > time, electric etc, but I am stuck with regards to asking what sort of > > charges for my help. > > > > Thank you for any advice in advance. > > > > -- > > Paul Hartland > > paul.hartland at googlemail.com > > -- > > AccessD mailing list > > AccessD at databaseadvisors.com > > http://databaseadvisors.com/mailman/listinfo/accessd > > Website: http://www.databaseadvisors.com > > > -- > AccessD mailing list > AccessD at databaseadvisors.com > http://databaseadvisors.com/mailman/listinfo/accessd > Website: http://www.databaseadvisors.com > -- Gary Kjos garykjos at gmail.com