Posts Tagged by employment

Salary vs Contract Rates

19-Jan-2010 Posted by Sonia Hamilton under
2 Comments

I’ve always wondered what recruitment agents use as their formula to convert between salaries and contract rates. Here’s a formula (for giving ballpark figures) – thanks CK:

Salary divided by 48 weeks, divided by 40 hours, plus 20% (super, training, sick leave, etc) =~ Hourly rate

For example, $100K =~ $62.50/hour, $150K =~ $93.75/hour.

Here’s a quick ready reckoner – handy to print out when you’re doing the “job mambo”:

 

Salary Hourly Daily
$80,000 $50.00 $333.28
$85,000 $53.13 $354.11
$90,000 $56.25 $374.94
$95,000 $59.38 $395.77
$100,000 $62.50 $416.60
$105,000 $65.63 $437.43
$110,000 $68.75 $458.26
$115,000 $71.88 $479.09
$120,000 $75.00 $499.92
$125,000 $78.13 $520.75
$130,000 $81.25 $541.58
$135,000 $84.38 $562.41
$140,000 $87.50 $583.24
$145,000 $90.63 $604.07
$150,000 $93.75 $624.90
$155,000 $96.88 $645.73
$160,000 $100.00 $666.56
$165,000 $103.13 $687.39
$170,000 $106.25 $708.22
$175,000 $109.38 $729.05
$180,000 $112.50 $749.88
$185,000 $115.63 $770.71
$190,000 $118.75 $791.54
$195,000 $121.88 $812.37
$200,000 $125.00 $833.20

And here’s the numbers for doing quick calculations:

 

Salary Ks to Hourly * 0.625
Hourly to Salary Ks * 1.6
Salary Ks to Daily * 4.166
Daily to Salary * 0.24

how to recognise a good programmer (and system adminstrator)

11-Jan-2008 Posted by Sonia Hamilton under
No Comments

KDan (via Slashdot) has a great post on how to recognise a good programmer; I think many of his points also apply to system administrators.

Some of the key points:

  • passionate about technology, will talk your ear off on a technical subject if encouraged; technology isn’t a day job but a lifestyle
  • learns new technologies on their own, and doesn’t say “send me on a course to learn that”
  • very uncomfortable about the idea of working with a technology they don’t believe to be “right”
  • has some hidden “icebergs”, large personal projects under the CV radar

All-in-all a really great article – I suggest you read it.