Originally posted by HankWangford
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Reply to: Negotiating perm role to a contract.
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Previously on "Negotiating perm role to a contract."
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Usual rule of thumb is annual salary / 1000 = hourly rate. For senior roles, with more perks, make it 800.
Incidentally IR35 via LtdCo is way cheaper than using an umbrella (where IR35 doesn't apply anyway). 95% of everything is more money than 95% of eveything less the umbrella's cut
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I'd say about half again on top when you consider taxes, health insurance, holidays, sick leave, bonus, training, IT equipment, software licenses......
but this article says double, fek me never really thought about it. Take my role, a senior .net lead with 10 yrs exp, would get say 45-55k perm, double that its' 100K which is less than my contract rate (with my holidays)
So for my extra knowledge and experience I aint really getting a good deal!
In your case ask for £300 per dayLast edited by HankWangford; 18 May 2007, 05:59.
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Negotiating perm role to a contract.
I know this has been discussed before but I’d appreciate any response.
A permanent job is advertised at 35k / year, but they are willing to do a 1 year contract.
I do intend to stay 1 year there and get paid through my limited company. I know this is within IR35 and I can save money going through an umbrella ( instead of paying an accountant ) .
What is the total “cost of employment” for the employer ? In other words how much should I request so that I get paid exactly what would be the total-cost-of-employment had the relationship been permanent ?
ThanksLast edited by 2uk; 18 May 2007, 00:05.Tags: None
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