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Pages: if you went from being employed [1]
Author Topic: If you went from being employed
Sharee

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2010-09-16 0-12-22-

if you went from being employed full-time with benefits to being a freelancer, how much would you have to increase your hourly rate for the costs of social security, health insurance, paid time off, etc, to balance out? would it be an extra 40%? more or less?
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jacquin

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2010-09-17 19-41-15

101 percent
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Lory

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2010-09-24 11-29-25

You have to double your rate, or better yet, 2.5 When I do freelance, I ask for at least 2.5x my hourly rate. Sometimes more: 3x But it all depends on your field. In my field, database and web development, I can ask for that amount because there's no shortage of clients.
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lenius

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2010-10-03 14-37-24

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  • Cherlyn

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    2010-10-04 7-14-35-

    depends on whether you valued the lack of boss but financially depends on the type of business. I would guess at least 40%, but probably more.
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    Salome

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    2010-10-10 12-11-56

    benefits run about 101 percent of hourly wage
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    encinas

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    Posts: 12

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    2010-11-12 13-56-58

    bullshit benefits for a full time employee cost the employer anywhere from 25%-40% of base salary. Average is about 31%. Smaller companies don't get as good a deal on health insurance, so their overhead is nearer 40%.
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  • reynaud

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    2010-11-13 6-47-10-

    short term long term disability medical, vision, dental, Workmans comp, holiday pay, vacation pay. sick days, personal days. start adding them up
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  • adel

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    2010-11-26 15-12-22

    that's what I _am_ adding up
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  • shive

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    2011-01-16 9-02-05-

    so a freelancer, or any company limits your days for vacation to manage that number. You need to do a lot more research. Trust me you will be shocked
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    denigris

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    2011-04-11 21-04-22

    good point they can always cut the hours
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    kaminsky

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    2012-08-10 4-52-32-

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