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Old 15.03.2019, 16:02
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external contract 'multiplier' v. salary

I couldn't find an exact match in other posts.. someone mentioned this

https://swissjobmatching.ch/rechner-...g-freelancer//

But I can't understand it.

Lets make it really simple.

What hourly rate do I have to receive to match a permanent salary of, say, 100k p.a. ? (assume no bonus, no other benefits)

i.e.
40 hours x 52 weeks = 2080 hours / 100k = 48chfs per hour 'salary'

But.. the employer pays insurance and pension (assume I'm over 55)

i.e. 48 multiplied by what gets me at least the same income ?
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Old 15.03.2019, 16:19
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Re: external contract 'multiplier' v. salary

once you've found the multiplier to get to the same salary, don't forget to add the risk factor (contractors are often the first ones to go)
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Old 15.03.2019, 16:58
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Re: external contract 'multiplier' v. salary

And include free days, sick money and such.
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Old 15.03.2019, 17:11
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Re: external contract 'multiplier' v. salary

Thanks... but just need the multiplier.. can factor in all the risks/holidays myself.

1.5 ?
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Old 15.03.2019, 17:29
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Re: external contract 'multiplier' v. salary

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Thanks... but just need the multiplier.. can factor in all the risks/holidays myself.

1.5 ?
The cost to the company is about 15% less if they just pay pension as required by law. Being that you can be sacked at any time in CH the security is less than perceived.
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Old 15.03.2019, 18:15
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Re: external contract 'multiplier' v. salary

The magic number is 72 CHFS per hour.
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Old 15.03.2019, 18:46
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Re: external contract 'multiplier' v. salary

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Being that you can be sacked at any time in CH the security is less than perceived.
While this is true in theory and the letter of the law, at the bank I work at we don’t just let people go. As far as I know our competitors are the same.

It’s definitely worth taking the industry into account when calculating the risk premium.
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Old 15.03.2019, 19:10
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Re: external contract 'multiplier' v. salary

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Thanks... but just need the multiplier.. can factor in all the risks/holidays myself.

1.5 ?
Yes, 1.5 imho, maybe 1.6
You work about 42 to 44 weeks a year, but if you check your HR system you can see how many hours you are expected to work.
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