How to work out equivalent permy salary?

[Fungus]

...

Yes, he should calculate along those lines, though you left out sick leave and possible redundancy payments as a perk.

Fungus

[tim123]

Accepted wisdom (by those who can count, that is ) is that hourly rate x 100 is the annual salary equivalent as a permie (to within 10%, depending on how many perks you get). So £40 an hour is £40k pa for example. You're not costing your take home, you're costing the money the employer has to shell out to cover your salaries and employment overheads.

IME this is the accepted figue of what the equivilent job would pay.

It is not necessarily the equivilent figure of what it costs the employer

and

It certainly isn't the acceptable figure that an experienced con should accept (usually because most contractors are performing a role one or two steps below that which they would consider themselves capable of doing as a perm)

tim

[DaveB]

This must have been asked before but I can't find anything by searching...

Try This