I was part of the recent layoffs. After being on the market for a while, I just recently got an opportunity for an IT Sr. Program Manager role on a Contract/1099 basis. It is on a corp to corp basis. Does anyone know what the ongoing corp to corp hourly rate for a Sr. IT Program Manager is?

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

You set this rate as a corp yourself. Multiply your converted previous salary to an hourly rate by 3.5. This should give you a figure to charge.

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Can you please elaborate? Just for example if salary is 100k,
then hourly rate would be 100k/2080=~$50,
therefore hourly rate = 50x3.5= $175.

Did I get this right?

I guess it’s different for 1099. For w2 they tell you both rates.

175$ seems a bit in the high side unless you have very specific and in demand skills such as security or AI. I am a senior PM-Delivery lead and charge 122$ Corp to corp but have a middleman AKA recruiting agency taking around 20%. Let us know if you get 175$.

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