How can I figure out what my income increase % will be if my previous roles were hourly/contract? Will be moving into a FT next month.

like
Posting as :
works at
You are currently posting as works at

Sorry, if I won’t answer your question by helping calculate an increase. But I will encourage you to ask for more :)

Speak to the recruiter or your hiring manager who is in charge of the conversion. Your salary should not be based on your current pay. It should be based on their salary range/budget within the org. And whether or not they are competitive in the market.

My suggestion is to ask the number to either of them and make a case of why you should be getting that salary (at the lower, mid, or upper end).

For example (rates are in Seattle),

- If it’s an agency, for a senior design role: Its minimum of $110k base pay.
- If in Fortune 100 or so, $120-$160k base pay, plus bonus and equity — at least $170k - $200+k total package.

I encourage you to fight for those numbers than computing an increase based on what you are currently receiving. If all else fail, I strongly suggest to jump around until you find a company that values you.

likehelpful

Not sure if this is helpful for your particular situation but typically, to translate hourly into annual equivalent, they take the hourly rate and multiply by 2,080. So, for example, if your hourly pay is $60, that would roughly equate to $125K/yr. Of course, there are benefits, bonuses, etc., so it gets more complicated. But the base line x2080 rule is a pretty common conversion technique.

helpful

Related Posts

Any of y’all plan to do photography full time later in your career? How are you approaching this? Im just using high consulting pay to fund my photography gear and then I’m out. :)

Does anyone work as a customer service analyst for HCA and if so what is/was your pay starting out? I’m really curious about this

like

Hello all,

I’m a recent graduate of masters and currently have 2 offers in my hand.

1) One with CITI Bank with 100k salary and no sign on bonus and as it is in my home town as I stay with my family needs no relocation bonus required.

2) This is with American Airlines in Dallas Fort Worth which offered 100k + 10k bonus + 18k relocation bonus (required)

Which ofer should I consider given I’m a new graduate and this is going to be my first job. Any suggestions will be greatly appreciated.

like
like
like

Hi All, if i have to choose between techm and dxc for same compensation which one i should choose for long term Tech : cyber security Exp: 6.5 years

like

Hi fishes,

I'm currently working at a startup as ML engineer with a salary of 19 LPA (fixed + variable + esops).

My total experience - 4 years

Getting another offer from Servicenow and they are offering 32.1 LPA (19.5 Fixed + 1.95 variable pay + 50K$ Rsus (vested 4 years) )

Is it worth accepting or should keep trying for a better role and company?

YOE: 7.5+ years, M.Tech from IIT

like

What should I expect for bonuses at Merck?

like

IBM what is the max salary we will get for 7b band...current ctc 20 lpa fixed...yoe 11.10 years

like

Folks in industry what have been your raises? Promotions vs no promotion years? Is it really 2 to 3 percent?

like

Hi fishes, I have an offer with Sapiens and Encora with almost same fixed package as 29lpa for 8.7years with java, Springboot and rest API. Can you please help me to choose the best option.

like

Capgemini Hr called me yesterday evening about HR discussion, and said 27LPA for 8.2 YOE is too much max 26lpa. Will seek approval and get back. Will the Hr reject my profile?skill business analyst, data strategy

like

Anyone have insight into Littler salaries? 6th year no l&e experience, NYC market

like
like

Landed a contract role at Deloitte via MBO Partners for an audit senior role. MBO is making me a W-2 employee for MBO, but I am getting paid $125/hour plus overtime. Am I missing something here or am I about to be making $5K/week (or more with OT)? Anyone have any experience with MBO or doing contract work like this? Obviously way more than I'd make if I stayed at KPMG for busy season.

like

Will I get retention bonus If I complete one year while serving notice period.

Hi any idea how much will be my inhand salary.
Also I have 2yoe of experience and around 25 days left in np, any suggestion which company will pay more than this??

Post Photo

Hey fishers what is the package service based company offers for 11 year person in javascript with react,nodejs person.

Hi,

Is jpmc salary in bank statement shown as ft-jpmc-remmitance?

like

What do first year audit partners at mid size public accounting firms make?

like

More Posts

How much inhand i will receive. Any idea? And what is food card? Will i get performance pay in starting months of joining?

Post Photo
like

What is the perception of the NY/SF offices of European PE mega funds (CVC, EQT, Permira, etc) vs. that of U.S. Megafunds / UMM funds?

like

Welcome to The Financial Life! I am excited to meet a variety of individuals, families and businesses to talk MOnEY! As you know, growing money is one thing but keeping it is a whole different game!

likeuplifting

I feel like every recruiter just ghosts me. I know I shouldn’t take it personally but it makes me feel so worthless. I’m smart and good at my job and had good grades in school etc., so why am I always ignored for everything :( I feel like I’ll be stuck in this job forever and I’m not happy here.

like

Why is Accenture having slow recruiting process?

likeuplifting

What type of salary should I expect when leaving now from the big 4? A2 in Audit with CPA passed.

like

Joining Accenture in a week. Was wondering when is performance review and salary increase/bonus take into effect?

like

I have offers from Amex and GS with similar Fixed component but the joining date of GS is two months after my last day in the current organization whereas Amex joining date is immediate. Should I wait for GS date or go ahead with Amex?

like

Dear Partners: I am a T2 manager. Recently received feedback that my consulting toolkit, structuring and problem-solving etc. is good but need to bring SWAG/ X-factor into the communication. Ready to learn and transform but don't know how to improve. I am from a non-English speaking country and need some solid guidance on how to improve on this aspect.

like

Big EOD upswing in US cannabis MSOs. Been bagholding for a while, don’t see any news. Insights?

like
like

Does anyone work for Trinity Health Corporate? Specifically Epic? Curious how work life balance is working fully remote? How salary compares to other hospital systems? I have an Epic certification.
I saw online that pto benefits are less than ideal for new employees.

like

How long does it take to move from P.A to A .Currently in CTS from 1yr 7 months joined as a P.A salary increment for 2 cycles has been 9% and 8.9 % year end appraisal please suggest a road map move up the order as well as on-site opportunities possible not wanting to switch.

like

So any further idea about this 'no H1B extension beyond 6yrs (while waiting on Green Card) thing'? What options if this thing goes through??

like

Looking for a solution: need to work from india for a month or 2. On H1B visa. Heard HR is not supportive of that due to some tax implications. TIA

like

Hi, will Walmart Global Tech India be willing to counter if I have a better offer in hand?

like

Time for whistle blowers to reveal the ugly side of the industry by not covering up anymore

Post Photo
like

Anyword on whether ny courts will be limiting jury trials? Nj has already issued an order.

like

Additional Posts in Designers

I am talking to someone at Adobe for a sr ux designer role based in Bay Area. Does anyone have insight into the culture at Adobe, or comp band I should shoot for?

Currently lead ux designer with 6 years industry experience.

like

How much do you spend per month for your personal site/ portfolio (eg hosting etc)?

like

Hi! Looking to connect with people inside BCGDV specifically in user experience. Have just received an offer and would love to know about culture etc internally.

like

Web designers: Photoshop or Adobe XD?

Why do you want to quit?

likefunny

Is there anyone at Herman Miller I could get in contact with? There's a senior design position that got reposted.

like

I miss WNW’s Top 50 Companies Creatives want to work for, so with that said: What companies would you most want to work for these days?

like

What’s the skill you see most new art directors lacking? I’m hoping to use this time while laid off to learn something new.

like

Hi there! I’m interested in becoming a product designer and was wondering what platform you all recommend for building a portfolio! I’m not super adept at coding, so that’s worth mentioning.

like

What tools do you use the most? I’m learning Photoshop but I see a lot of work that looks interesting where designers used something called Cinema4d, which I never heard of in a graphic design class. Trying to figure out what I should invest in learning.

like

Why do designers like Koto? Personally I find the work kinda”safe”..?

like

I feel like I am not getting clear guidance or leadership from my design manager or my PM. I have been creating project initiatives, frameworks and discussion guides but there is no one really assisting me in creating them or stepping up to make decisions on the best path forward. I am trying my best but it seems like I am the only one creating execution docs and coordinating efforts across all stakeholders. Isn’t this my PM and Design managers role? Is this a major red flag?

like

I want to create a data visualization portfolio, but I’m not sure where to begin. I work in urban planning and wanna do more urban analytics kind of stuff. Does anyone have any pointers for me as to where to begin and what all different types of visualizations I should be aiming to include? I’ve used R and Excel for this so far. I’ve done some web mapping using JS as well and use illustrator for my visualizations as well. Thanks!

like
like

What's the design culture at Reddit? What is it like working with the Product team there? Is it a grind like some of the FAANG companies?

Thinking about applying, but would like to know more!

like

Any tips for interviewing for Meta and/or Spotify for product design?

like

Hello everyone! I am unable to put the work that I’ve been doing as case studies on a portfolio site, even if password protected. I was thinking about making a slideshow style case study on Figma. Is it better to send it in a PDF format anyway or can a Figma link work?

like

I’m really bad at this: I just got a last min freelance request (from an agency I want to build a relationship with) - what’s a diplomatic way to say a rush fee needs to be applied?

like

A long shot:

I’m switching to a Pixel but I’m ultimately nervous that not having the latest iPhone means I lose touch with designing for iPhone.

Are there any apps out there that emulate iOS?

like