Is there a formal conversion method to go from salary to hourly? I know freelance hourly rate is more cause of benefits and PTO but how much more? 1.5x? And is temp to perm diff than contract

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

I was earning 55k as a junior at my last job and now I'm a "mid level" freelancer cause that's what I decided to call myself

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As the McKenzie brothers say, "double it and add 30."

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OP, that's not how you calculate hourly rate. There are 2080 hours in a year (52 weeks x 40 hours), that's why it's called an annual salary. You get paid for vacation and national holidays so you have to make sure those are in. Add 20-30% to the annual salary prevalent in your region for your position and level, then divide that big number by 2,080 hours.

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Also how do you calculate salary hourly anyway: salary/ 12/ 20 / 8 ?

Temp to perm just means they want to try someone out before they offer them the FT, so no, not different. Yeah there are formulas but just take your $55K/year and charge $55/hr!

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