Re:How to Work Out What to Charge Clients
by AnimalMuppet on Tuesday January 30, 2018 @01:10PM
(#16267436)
A standard working year is 2000 hours (40 hour weeks, 50 weeks a year, 2 weeks for vacation - the pathetic US usual). So dividing by 1000 means double your salary's hourly rate. That is, this amounts to 2x rather than the parent's 4x.
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Re:How to Work Out What to Charge Clients
by dboreham on Tuesday January 30, 2018 @05:58PM
(#16269888)
True. It's only a rule of thumb. I guess I'd aim for 3X if I could. 4X seems quite high --- perhaps justified in the context of some business relationships (e.g. client gets to invoke you on short notice, preempting other clients' work).