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Use this little Gist to calculate your contracting rate information. It's a very simple formula. Note: *YMMV* ... my formula may or may not work for you.
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function contractingRateInfo( options ) { | |
var | |
committed_days, | |
committed_days_cost, | |
committed_hours, | |
committed_hours_cost, | |
hourly, | |
weekly | |
; | |
committed_days = ( options.committed_days || 3 ); | |
committed_hours = ( options.committed_hours || 24 ); | |
hourly = ( options.hourly || 150 ); // Don't undervalue yourself. | |
weekly = ( ( hourly * 40 ) * ( 48 / 50 ) ); | |
committed_hours_cost = ( hourly * committed_hours ); | |
committed_days_cost = ( weekly * ( committed_days / 5 ) ); | |
console.log( "" ); | |
console.log( "----- Hourly -----" ); | |
console.log( "Rate: $" + hourly ); | |
console.log( committed_hours + "-hour commitment: $" + committed_hours_cost ); | |
console.log( "" ); | |
console.log( "----- Weekly -----" ); | |
console.log( "Rate: $" + weekly ); | |
console.log( committed_days + "-day commitment: $" + committed_days_cost ); | |
console.log( "" ); | |
} |
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