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