What’s the standard hourly rate equivalent of a salary? So should I be charging 125% of what my salary is, or what do you do?

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There's no straight answer because salaries vary. If you're on the low end 20% isn't enough of a bump. On the high end 20% may price you out. Figure what you want to earn per year, add 12% for SSI payments (you're covering 6% and the company 6%) then add 20% to cover insurance. Add 5 to 10% to cover T&E (higher % for large/commuter cities) total and divide by 240. That should get you to something you will +/- by 10% as a day rate.

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Actually you should go with 260 days, not 365. We might work weekends, but we aren’t paid for them.

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365 days in a year, 8 hours in a day. Your phone has a calculator

Jesus yah I know that haha. But once I have that hourly rate, I should charge a premium for freelancing versus my salary right?

Like if my salary translates to $12 an hour, I could ask for $15 freelancing, if that makes sense

Yes when I was a junior I was charging 450$ a and that was low

I’m really surprised there’s no straight forward answer here like add 20% to your salary’s hourly rate

This ☝🏼
Just think about - what’s the max someone would pay me? And go from there

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