Originally Posted by jIMOh
Anyone have a good equation to equate salary with a 1099 rate? My math is salary/2000+$15/hr
Is cost of benefits and taxes worth $15/hour?
All depends on what benefits package you need to add. And remember - whether you're doing this as a moonlighting gig or bread and butter doesn't matter. You should charge about the same hourly rate. Obviously, you might have to lower your hourly rate a little bit to be competitive, but don't be shy in asking a reasonable, hourly rate.
When you factor in self-employment tax, vacation, insurance, home office overhead, various other fees, expenses, costs, registrations, insurance, etc., it could be a lot more than $15/hour (partly depends on what your raw salary hourly rate is).