how to setup a rate??
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Join Date: May 2007
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how to setup a rate??
hi all,
I'm thinking to change from contract to freelance. But I have no idea how to setup my rate. I mean: daily rate or hours rate? Or day rate + hours??
I have 3000 hrs and JAA CL601 type rating.
I'm thinking to change from contract to freelance. But I have no idea how to setup my rate. I mean: daily rate or hours rate? Or day rate + hours??
I have 3000 hrs and JAA CL601 type rating.
Join Date: Jan 2004
Location: Northern Hemisphere
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I think a fair way to calculate freelance is as follows:
Take the yearly salary+cost of licensing(incl simulator)+medical+pension.
Divide the total sum in the amount of working days per year----18 days per monthX12 months minus vacation. Add 20 % and that's your minimum rate.
Add per Diems and there you go.
Yust my two cents worth...Good luck
Mutt: Not the same as crj700
O
Take the yearly salary+cost of licensing(incl simulator)+medical+pension.
Divide the total sum in the amount of working days per year----18 days per monthX12 months minus vacation. Add 20 % and that's your minimum rate.
Add per Diems and there you go.
Yust my two cents worth...Good luck
Mutt: Not the same as crj700
O