I have managed to leave my perm employer and start in my very first contract! I will be blogging the experience of searching, finding jobs and then interviewing for them here. I’ll try to get […]
So I guess even before thinking of accepting that contract its worth looking into if it is worth going contract on a particular rate?
Examples are good, I like clear examples so I shall endeavour to give the reader one. There is enough HR waffle involved in this sort of thing normally! So take a £50k Perm IT position. To equal that on a daily rate would be in my estimation approx £220 p/day. I get to this number by looking at working 230 days per year. This magic number is taken from 260 possible working days.. 365 * ( 5 /7 ). Then you need to take account of the 8 or so public holidays you probably won’t be able to work. Then in order to have a life