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I’m an Analyst, and I was looking at opportunities at Microsoft as a Business Program Manager. It says it wants you to have 5+ years of experience, but someone I went to college with got that position straight out of undergrad less than two years ago. How true are the requirements at Microsoft?
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$100
Minimum? $200 per hour. I would aim to sell my services for $250-300 per hour though.
Independent contractor or through an agency?
What's your current hourly rate? Multiply it by at least 1.4
$150
Subject Expert
Work it backwards.
Assuming you'd be a 1099 contractor with no benefits, take your goal income and divide that by 1840 (instead of 2080, to account for 4 weeks of vacation and 10 holidays; make that ~1600 if you have to engage in BD) to give yourself a rough net hourly rate. Then take that figure and multiply it by 2.5-3x to account for taxes and benefits and come up with your net hourly rate.
With a goal income of, say, $200k, that gives you a gross hourly target of $109 and a net hourly target of $273-327.
Adjust the 2.5-3x target as needed depending on the benefits situation.