Advice on calculating a "freelance" day rate? Is it the same as your annual salary divided by working days in a year? I understand freelance or consulting work pays considerably higher than salary?

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Yes and no, because while the rate may be higher, you also have to cover all the expenses that would be covered by your benefits - like insurance, retirement contributions, etc - so while it's higher on paper, your net might not be that much more. Dividing your salary is a good place to start, but the best thing to do is get in touch with other folks freelancing at your level and get a sense for what they charge and what the market average is.

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What I do is take my annual salary, add 30%, then start the negotiations there. I usually end up getting around 20%, but it's enough to make up for the lack of benefits.

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Please like the post, aiming for 11 likes to unlock DM

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