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Thoughts on contract work rates
ptilsen
Member Posts: 2,835 ■■■■■■■■■■
I may have an interesting contract opportunity in the immediate future, but I'm very carefully considering what an appropriate rate would be. I'd be giving up rock-solid job security, reliable hours, and good money at my current job for a contract that could end in January. (It could get extended next year, but who knows? I'm not taking the recruiter's word for it.)
I'm thinking a 20% effective raise, maybe 30%, would be in order. It could be a great long-term opportunity, but it is a contract with a potential hard expiration. Would be on a W2 basis with 401(k) and the like, but I'm looking at an overall compensation number with benefits calculated in based on how I value them.
Anyone have any opinions or rules-of-thumb on taking contract positions like this? Better yet, any ballpark numbers for something like this? It would be high-level systems engineering (MS/Windows heavy, but not solely) with a focus on deep scripting, automation, and infrastructure design for a major Fortune 500 company.
I hate to be the one asking questions like this, but it's a seriously great opportunity other than the risky nature of it, and I'd hate to both wreck it with greed or short-sell myself and not accommodate for the inherent risk.
I'm thinking a 20% effective raise, maybe 30%, would be in order. It could be a great long-term opportunity, but it is a contract with a potential hard expiration. Would be on a W2 basis with 401(k) and the like, but I'm looking at an overall compensation number with benefits calculated in based on how I value them.
Anyone have any opinions or rules-of-thumb on taking contract positions like this? Better yet, any ballpark numbers for something like this? It would be high-level systems engineering (MS/Windows heavy, but not solely) with a focus on deep scripting, automation, and infrastructure design for a major Fortune 500 company.
I hate to be the one asking questions like this, but it's a seriously great opportunity other than the risky nature of it, and I'd hate to both wreck it with greed or short-sell myself and not accommodate for the inherent risk.
Working B.S., Computer Science
Complete: 55/120 credits SPAN 201, LIT 100, ETHS 200, AP Lang, MATH 120, WRIT 231, ICS 140, MATH 215, ECON 202, ECON 201, ICS 141, MATH 210, LING 111, ICS 240
In progress: CLEP US GOV,
Next up: MATH 211, ECON 352, ICS 340
Complete: 55/120 credits SPAN 201, LIT 100, ETHS 200, AP Lang, MATH 120, WRIT 231, ICS 140, MATH 215, ECON 202, ECON 201, ICS 141, MATH 210, LING 111, ICS 240
In progress: CLEP US GOV,
Next up: MATH 211, ECON 352, ICS 340