[pcthrowaway]

From another Hacker News: discussion on the topic: "The rule of thumb when I started contracting was that your hourly rate was your annual salary divided by 1000"

So if the offer was $100,000, your hourly rate as a contractor is now $100/hr

[maybecontractor]

That would be over double the offer amount!! I don't think that would fly.

I have done some contracting before and my rate is far higher than my employment rate, but it's always been for smaller contracts... not for something that is effectively a full time position.

[throwawayffffas]

I am not an accountant or anything but I think a rule of thumb is employment costs 50% more than the employees salary. Don't feel too bad asking significantly more, after all you are not getting any equity which sounds like your main motivation.

[mandelbrotwurst]

That sort of rule of thumb is going to be most accurate for average salaries, because large amounts of the non-salary costs are relatively fixed (e.g. health insurance costs the same amount whether you earn $50K or $200K annually). As salary goes up, so does its share of total compensation.

[jacquesm]

Full time positions are dealt with using payrolling companies or SPVs as daughter companies under the mothership, not by independent contractors (with all of the associated risks) and a reduced rate.

You are making a lot of excuses for this company in this thread.