How much hidden costs are there with permanent roles vs contractors?
I work as a contractor in IT, and it works very nicely for me (able to claim laptops, training, home office expenses and offsetting my mortgage with money set aside for tax etc).
However recently I was presented a role which would be great for my career progression, unfortunately it is a permanent position.
I would rather not have wind up my business, only to spin it back up if my next gig is a contract role again.
So I would like to be able to present to the company something like take me on as a contractor, but let's pretend it's like a permanent.
So if I pull that off, how much could I negotiate as my hourly/daily rate?
A permanent role has a bunch of over heads, e.g., insurance (acc), holidays, sick leave, performance reviews etc. Let's say they were offering $100k per annum (they are not offering that, it's just a nice round number) what would the total cost be?
For arguments sake let's assume I would take 4 weeks leave per year.
Now I am personally interested in how this would work in New Zealand, however I feel this question would be useful for people in other countries, so general/other countries answers are welcome.
tl;dr;
If a role is advertised at (say) $100k p/a, how much could that be in contractor $ per hr (or day)?
negotiation contractors salaried-pay new-zealand
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I work as a contractor in IT, and it works very nicely for me (able to claim laptops, training, home office expenses and offsetting my mortgage with money set aside for tax etc).
However recently I was presented a role which would be great for my career progression, unfortunately it is a permanent position.
I would rather not have wind up my business, only to spin it back up if my next gig is a contract role again.
So I would like to be able to present to the company something like take me on as a contractor, but let's pretend it's like a permanent.
So if I pull that off, how much could I negotiate as my hourly/daily rate?
A permanent role has a bunch of over heads, e.g., insurance (acc), holidays, sick leave, performance reviews etc. Let's say they were offering $100k per annum (they are not offering that, it's just a nice round number) what would the total cost be?
For arguments sake let's assume I would take 4 weeks leave per year.
Now I am personally interested in how this would work in New Zealand, however I feel this question would be useful for people in other countries, so general/other countries answers are welcome.
tl;dr;
If a role is advertised at (say) $100k p/a, how much could that be in contractor $ per hr (or day)?
negotiation contractors salaried-pay new-zealand
add a comment |
I work as a contractor in IT, and it works very nicely for me (able to claim laptops, training, home office expenses and offsetting my mortgage with money set aside for tax etc).
However recently I was presented a role which would be great for my career progression, unfortunately it is a permanent position.
I would rather not have wind up my business, only to spin it back up if my next gig is a contract role again.
So I would like to be able to present to the company something like take me on as a contractor, but let's pretend it's like a permanent.
So if I pull that off, how much could I negotiate as my hourly/daily rate?
A permanent role has a bunch of over heads, e.g., insurance (acc), holidays, sick leave, performance reviews etc. Let's say they were offering $100k per annum (they are not offering that, it's just a nice round number) what would the total cost be?
For arguments sake let's assume I would take 4 weeks leave per year.
Now I am personally interested in how this would work in New Zealand, however I feel this question would be useful for people in other countries, so general/other countries answers are welcome.
tl;dr;
If a role is advertised at (say) $100k p/a, how much could that be in contractor $ per hr (or day)?
negotiation contractors salaried-pay new-zealand
I work as a contractor in IT, and it works very nicely for me (able to claim laptops, training, home office expenses and offsetting my mortgage with money set aside for tax etc).
However recently I was presented a role which would be great for my career progression, unfortunately it is a permanent position.
I would rather not have wind up my business, only to spin it back up if my next gig is a contract role again.
So I would like to be able to present to the company something like take me on as a contractor, but let's pretend it's like a permanent.
So if I pull that off, how much could I negotiate as my hourly/daily rate?
A permanent role has a bunch of over heads, e.g., insurance (acc), holidays, sick leave, performance reviews etc. Let's say they were offering $100k per annum (they are not offering that, it's just a nice round number) what would the total cost be?
For arguments sake let's assume I would take 4 weeks leave per year.
Now I am personally interested in how this would work in New Zealand, however I feel this question would be useful for people in other countries, so general/other countries answers are welcome.
tl;dr;
If a role is advertised at (say) $100k p/a, how much could that be in contractor $ per hr (or day)?
negotiation contractors salaried-pay new-zealand
negotiation contractors salaried-pay new-zealand
asked 10 mins ago
DarcyThomasDarcyThomas
29117
29117
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