Day Rate (move from Permanent to Fixed Term Contract)

TheScoop

I am in discussions with a potential future employer about a fixed term contract position and have been asked to provide an indication of my day rate.

I am currently employed on a permanent contract, salaried with benefits, and I'm struggling to get my head around working out a fair/reasonable equivalent day rate.

The like for like calculation is relatively straightforward but what allowance, if any, should I make for taking a risk from moving from permanent to a fixed term contract? The industry I am in doesn't typically employ individuals on FTC so there's only so much research I can do online to get a market day rate value.

Anyone got any thoughts on this or other implications of taking a risk moving to a more uncertain employment future?

Cheers

getmore4less

start with double and work up 25% uplift only covers NI and holiday

if doing it as contract daily rate make sure you control availability.

getmore4less

i think another measure is salary in £k == £ph
eg £30k = £30ph = £240pd