This question just keeps coming up. In fact, just today I had a “ discussion” about it with a pimp who had no concept, he was just trying to get someone to take a technical writing contract at way below market rate. What shocks and appauls me is the number of supposed consultants who do not understand this concept. Effective Rate has nothing to do with “cost of living.” When you used the formula I … Billing Rate vs. Effective RateRead more
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Posted inInformation Technology
Calculating Your Minimum Billing Rate Pt. 3
If you travel for at least six months at a time. You want enough time to get a good feeling about the area, and to find a housing situation which “pays you to stay” enough to want to stay there. Yes, Corporate Housing is more expensive, in many cases, than the bottom price range of extended stay or two star hotels, but it has a comfort level those places cannot provide. (Unless, of course, you … Calculating Your Minimum Billing Rate Pt. 3Read more
Posted inInformation Technology
Calculating Your Minimum Billing Rate Pt. 2
Here are the rules of thumb for extended stay hotels: 1 The lower the chain’s price, the higher the odds an off-shore company is stacking L-1 and H-1B workers eight to a room trashing the place. 2 The lower the chain’s price, the smaller a room’s square footage. Most will be like having a bedroom in the kitchen. 3 The lower the chain’s price, the higher the odds of them having traveling construction workers rotating … Calculating Your Minimum Billing Rate Pt. 2Read more