[Willamin]

The rule of thumb estimation number I've always heard for calculating a salaried job's hourly rate is 2080:

365 / 7 ≈ 52 (weeks) * 5 (work days per week) * 8 (hours per day) = 2080 hours per year

Given that very estimated number, vacation, holidays, and sick time all count as extra benefit.

One convenient aspect of this number is that if you go ahead and factor in 2 weeks of PTO/holidays/sick days, then the number of hours actually worked drops to 2000. That makes the mental math tremendously simple, albeit not 100% accurate: 100k salary / 2k ≈ 50 per hour

[biztos]

This is very convenient, but it seems to ignore (ergo lose) the value of the rest of the time off.

How do you account for the extra days, in my example it would be almost 300 hours' worth of value I get in addition to the salary?

[tedunangst]

By charging 200% per hour.