I always recommend people to look into hourly wages.
I ditched my last job (70K USD a year) for a $40/hour contract position (not that great).
I work just as much (60 hours a week), but make almost twice as much.
I ditched my last job (70K USD a year) for a $40/hour contract position (not that great).
I work just as much (60 hours a week), but make almost twice as much.
Generally the person or entity has some idea of my abilities and so I say I'll give a maximum of 40 hours a month and it will cost this much an hour. I find the 40 hours a month thing good for both parties because they can compare it with what the currently get done in a month to what I might be able to get done in a week of man time. That is I'm shooting for roughly 4x. If I can't get 3x or greater to whatever they currently are doing it isn't worth both parties time. Consequently I charge more but they value my time more and I value their relationship more.