Time to make a proposal


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Time to make a proposal
01.15.08 (11:00 pm)   [edit]

So I had my interview tonight...It sounds like I pretty much have the job?? There has been nothing official yet. However, the guy who interviewed me thinks extremely highly of the colleague who recommended me.

He wants to bring me on now even though he hasn't discussed with his boss. The original proposal was for me to cover my colleague when she goes on maternity leave, which isn't until June or July. I did think it was a little strange that he'd want to talk to me now. Anyhow, he'd like the contractor to start asap. Officially, the position would end June 2009, but he said if things went well, he'd try his best to get me on full-time afterwards. I know my colleague would rather work part-time once baby #3 arrives.

Also, he needs to talk to HR about such a long contract position...they might want it to be a full-time permanent? At this point, I need to supply him a monthly contract rate and an annual salary $. The annual salary amount is a no-brainer for me, but I have not done anything in the contracting world. I've been advised to tack on 50% to what I make monthly. But I need to consider what the employer should provide for me, such as a workstation if I'm going to be in their office, etc.

What do I need to know about figuring out a contract rate??

Even though I would love to quit my current job right now, I feel like I should finish my current project. I told him my earliest availability would be mid-March. 

 


posted by: themarina (reply)
post date: 01.16.08 (9:26 am)

Hey congrats! That's awesome news! :)



posted by: rosietulips (reply)
post date: 01.16.08 (10:06 am)

Reply to: themarina
THanks! It looks promising so far!




posted by: wolfen (reply)
post date: 01.16.08 (12:39 pm)

It sounds like a great opportunity! :)



posted by: rosietulips (reply)
post date: 01.16.08 (1:25 pm)

Reply to: wolfen
I hope the opportunity works out!



posted by: jentlejiraffe (reply)
post date: 01.16.08 (1:31 pm)

Good luck!!! I screwed up my taxes (in the USA) when I went contract a few years ago. Just finished paying that mistake off last month and it was for years 2002/2003.

I know NOTHING about Canadian Tax Law, but you might want to ask around to be sure you aren't shorting yourself by not asking for enough $$$$$ to cover.



posted by: rosietulips (reply)
post date: 01.16.08 (1:41 pm)

Reply to: jentlejiraffe
I've gotten some advice on calculating a contract rate, but I have yet to find out about how my taxes would work. I guess I'd be losing a big chunk towards taxes at the end of the year instead of throughout the year...That would require me to budget even more!!



posted by: bawdy (reply)
post date: 01.17.08 (12:00 pm)

Congrats. You owe your current employer nothing but two weeks notice with the way they take you for granted. I hope this new opportunity pans out. What about benefits?



posted by: rosietulips (reply)
post date: 01.17.08 (12:39 pm)

Reply to: bawdy
Thanks :D This upcoming opportunity has put me in a bit of conundrum. I believe I can be treated like a regular salaried employee and receive benefits since I am taking over for someone on mat leave...or I can be like a regular contractor and make up my own rate and not get benefits. At first, I was thinking "awesome! Benefits!" But I can bring in more $$$ and pay for my own health insurance plan, too...I have to decide what I want asap!

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