RE: Calculating pay rate

["Tammy Van Boening" <tammyvb -at- spectrumwritingllc -dot- com>]

Because of the different tax considerations as 1099, and other factors, the
solid rule of thumb is your minimum annual salary that you would require as
an FTE, and then divide by 1000, so for example, at 80K/annually, the going
rate for 1099 is $80/hour. For contract W-2, approximately 33% (30 - 35%
range), so roughly $56/hour, W-2.

TVB

Tammy Van Boening
Owner/Principal
Spectrum Writing, LLC
www.spectrumwritingllc.com
TammyVB  *AT*  spectrumwritingllc  *DOT*  com


-----Original Message-----
From: techwr-l-bounces+tammyvb=spectrumwritingllc -dot- com -at- lists -dot- techwr-l -dot- com
[mailto:techwr-l-bounces+tammyvb=spectrumwritingllc -dot- com -at- lists -dot- techwr-l -dot- com]
On Behalf Of Keith Hood
Sent: Sunday, October 23, 2016 12:18 AM
To: techwr-l
Subject: Calculating pay rate

In order to give a rate quote, I need to figure out what is the monthly
gross when working by the hour. I know there are several ways of converting
hourly pay to monthly - what is the most accurate?
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