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<DIV><SPAN class=493313717-27032003><FONT face=Arial color=#0000ff size=2><SPAN
class=493313717-27032003><FONT face=Arial color=#0000ff size=2>Straight out of
college I couldn't find a job, so I started consulting for $15 (I needed the
money!). That was years ago, it's no longer my full time gig and I now
have a great job. I still like contracting in my off time, but my personal
time is valuable also, so now I never charge less than $50/hour, usually
$75. I also cap my contracting hours per week at
20.</FONT></SPAN></FONT></SPAN></DIV>
<DIV><SPAN class=493313717-27032003><FONT face=Arial color=#0000ff size=2><SPAN
class=493313717-27032003></SPAN></FONT></SPAN> </DIV>
<DIV><SPAN class=493313717-27032003><FONT face=Arial color=#0000ff size=2>Many
factors weighed into how I came up with my hourly rate for contracting, few of
which was what others were charging. Also, don't let the fact that this is
your first gig affect your rate.</FONT></SPAN></DIV>
<UL>
<LI><SPAN class=493313717-27032003><FONT face=Arial color=#0000ff size=2>Don't
forget the tax implications</FONT></SPAN></LI>
<LI><SPAN class=493313717-27032003><FONT face=Arial color=#0000ff size=2>If
this is in additional to a full time job, you can either give a discount
because you don't need the $$, or you can charge a premium because you are
essentially working overtime every hour you are working for them (i.e. your FT
job's OT rate after taxes).</FONT></SPAN></LI>
<LI><SPAN class=493313717-27032003><FONT face=Arial color=#0000ff size=2>What
are you getting out of this? Experience? Exposure? Pleasure?
Future growth and contracting opportunities?</FONT></SPAN></LI>
<LI><SPAN class=493313717-27032003><FONT face=Arial color=#0000ff size=2>What
do you want out of this? Do they match the above?</FONT></SPAN></LI>
<LI><SPAN class=493313717-27032003><FONT face=Arial color=#0000ff size=2>How
much cash would be worth it to you - after taxes!</FONT></SPAN></LI></UL>
<DIV><SPAN class=493313717-27032003><FONT face=Arial color=#0000ff size=2>These
questions will really help you peg a dollar amount. If the market
rate is higher, then bump it up higher to match or barely undercut the
market. If it is lower, does your skill match your above market
rate?</FONT></SPAN></DIV>
<DIV><SPAN class=493313717-27032003><FONT face=Arial color=#0000ff
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=493313717-27032003><FONT face=Arial color=#0000ff size=2>Just
my method of determining my rate. It may not be right for
everyone.</FONT></SPAN></DIV>
<DIV><SPAN class=493313717-27032003><FONT face=Arial color=#0000ff
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=493313717-27032003><FONT face=Arial color=#0000ff
size=2>Mark</FONT></SPAN></DIV>
<DIV><SPAN class=493313717-27032003><FONT face=Arial color=#0000ff
size=2></FONT></SPAN> </DIV>
<DIV><FONT face=Tahoma><FONT face=Arial color=#0000ff size=2></FONT><BR><FONT
size=2><SPAN class=493313717-27032003><FONT face=Arial color=#0000ff>[Porter,
Mark] </FONT></SPAN>-----Original Message-----<BR><B>From:</B>
Hollis,Virginia [mailto:HollisVJ@pgdp.usec.com]<BR><B>Sent:</B> Thursday, March
27, 2003 8:16 AM<BR><B>To:</B> 'accessd@databaseadvisors.com'<BR><B>Subject:</B>
[AccessD] Rate for first time<BR><BR></FONT></DIV></FONT>
<BLOCKQUOTE dir=ltr style="MARGIN-RIGHT: 0px">
<DIV><FONT face=Arial size=2><SPAN class=340270917-27032003>I know this has
been asked a zillion times....</SPAN></FONT></DIV>
<DIV><FONT face=Arial size=2><SPAN
class=340270917-27032003></SPAN></FONT> </DIV>
<DIV><FONT face=Arial size=2><SPAN class=340270917-27032003>What is a fair
hourly rate for developers? I have been asked to do my first outside
developing for a company. Since this is my first time, is 10.00 hour too
low?</SPAN></FONT></DIV>
<DIV><FONT face=Arial size=2><SPAN
class=340270917-27032003></SPAN></FONT> </DIV>
<DIV><FONT face=Arial size=2><SPAN class=340270917-27032003>They are wanting
it set up as a consultant, is that different than an independent contractor? I
am not sure what the difference would be tax wise? Any
suggestions?</SPAN></FONT></DIV>
<DIV><FONT face=Arial size=2><SPAN
class=340270917-27032003></SPAN></FONT> </DIV>
<DIV><FONT face=Arial size=2><SPAN
class=340270917-27032003>Virginia</SPAN></FONT></DIV></BLOCKQUOTE></BODY></HTML>
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