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(Hourly rate * 2080 work hours in a year) - 20 to 30% for benefits = what you should ask for.
Oh nice! Does this formula vary between big and small agency sizes?
Your hourly is your salary divided by 1,000.
So if you make 60k per year, your hourly is $60/hr, and your day rate is around $500.
I’m trying to figure out the opposite, from freelance to FT salary, so do the opposite?
Oh, yes.
I’m perplexed by CW 1’s formula
Why?
Any idea of what hourly rate they’ll be billing you at?
~40
That’s a very low billable rate - that is like a 25k salary at my shop.
I’m a junior. So taking a $300/day freelance rate, what will that equate in full time including benefits?