[kohanz]

4 hrs * 5 days per week = 20 hrs. $1500 / 20 hrs = $75 per hour. It's a decent rate, but it's hardly something you need to be in SF to find (where you more often hear of contractors charging $100+).

I currently have a similar arrangement, where I work about 20 hours a week as a contractor (although that is not a quota, but more of a choice) at nearly the same rate. I live in a mid-sized Canadian city (comparable to a smaller American city) with relatively low cost of living (to the big cities).

[jpgvm]

Precisely.

I could make more/hr but my current arrangement affords me more job security.