Day rate translated into perm salary

[ckms]

I should clarify what I originally meant. My day rate on a 3 month contract is £375 but the client (direct not through an agent) has suggested it could go perm in the future. The question is, what salary should I reasonably ask for if this scenario unfolds?

[northernladuk]

I should clarify what I originally meant. My day rate on a 3 month contract is £375 but the client (direct not through an agent) has suggested it could go perm in the future. The question is, what salary should I reasonably ask for if this scenario unfolds?

Difficult one this. Just because they are paying you that rate it rarely means they will match it for perm. You are a temp resource that demands more because you are a specialist it's a short term gig. If you are doing something like PMO and you work out you need 50k to go perm they are unlikely to pay that.

You need to look around at what market is and pitch it higher than that because you are a known quantity.

IMO on the whole comparing rates to wages is a really poor decision point. Contracting and perm are very different beasts so have to consider all the factors, not just the rate.

And are you sure your IR35 status is water tight if you are doing a perms job?

[kaiser78]

I should clarify what I originally meant. My day rate on a 3 month contract is £375 but the client (direct not through an agent) has suggested it could go perm in the future. The question is, what salary should I reasonably ask for if this scenario unfolds?

So I gave you this advice in post #14;
"Very approx. calculation from contractor rate to salary is (day rate/hrs per day)*800."
This means £375 = £40k permanent (based on 7.5hr day).

Was this not sufficient as a rough guide ???