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by tptacek 6138 days ago
550/day is not crazy high at all.
2 comments

That's in british pounds, not USD.

Addition: did the math at www.oanda.com (currency conversion). GBP is LESS than what I thought: 1.63842 USD.

So, that's 900 bucks a day, resulting in $ 110-120 USD/ hour.

Yes, I know. It would be quite low in USD.
"We're hiring a Rails/jQ developer. NYC or Chicago"

Someone should take you up on $120 per hour being low!

We're not looking for contractors.
When I heard it was in pounds I'll admit to a brief flash of envy. (Though $550 a day would still be, erm, rather substantially more than Japanese salarymen my age get.)
$68/hour is less than my mechanic charges. It's not a bad living, but for a feast-or-famine consultant supporting a family as a sole breadwinner, assuming 70% utilization, it's a gross 95k salary, from which you subtract self-employment tax.