Add up all your salary and benefits - then double it.
Then divide it by the number of working days minus all the holidays per year.
.........is a basic rule of thumb.
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Reply to: working out rates
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Previously on "working out rates"
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Originally posted by aslongoh and i'm on £30,000 but currently get a lot of benefits (gym membership, private health care, 10% annual bonus, life insurance, 25 days holiday, etc).
i'm struggling to work out how to take all of this into account.
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oh and i'm on £30,000 but currently get a lot of benefits (gym membership, private health care, 10% annual bonus, life insurance, 25 days holiday, etc).
i'm struggling to work out how to take all of this into account.
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hi, thanks for the answer.. i had come up with a figure of about £25 an hour, which is about £180 a day isn't it.
the thing is, the company i work for is a pretty small one and I'm on very friendly terms with them. the fact they are prepared to give me contract work after I leave the country is very kind of them, so I don't want to push them *too* much.
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Originally posted by Ardescoup it to £280/day you'll have more costs as a contractor. Whats the worst they can do, bully you back down to £180??
Absolutely.
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up it to £280/day you'll have more costs as a contractor. Whats the worst they can do, bully you back down to £180??
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Hi Russell
A £30k permie job would probably equate to around £180/day on the contract market in the UK. You'd have to check the local market in Copenhagen to find out if this is high or low for them.
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working out rates
Hi there,
I am currently employed with a UK IT company and earing around £30,000 a year. I am soon leaving and moving to Copenhagen. While I am there I will be completing contact work for the same company.
How do i begin to work out what rates to charge? Danish contractor working for a UK company that he was once an employee of?
I have no experience of contractring before so am a bit lost.
Thankyou,
Russell.Tags: None
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