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View Full Version : Starting a contract position, what is my time worth?


HappMatt
Feb8-11, 08:43 PM
Hello,

As the title states I am going to start working as self employed contractor at a hourly rate, though I am not exactly sure what I am worth and am some what new to this. Let me give you some info and if you have a clue or advice that would be great.

My experience:
I graduated a big ten university with a degree in biomedical engineering last spring, and am now in another school pursuing a grad degree in engineering with a focus on micro/nano tech. I have 1.5yrs of research experience working with a prof developing thin films, and 9months of experience working with a start up developing a assembly method and characterization of a microfluidic device. For the last 6 months I have worked as a research assistant where i have mainly been working on active release polymer coatings. Additionally I am in my late 20's and before I started my engineering degree I got a degree in autobody and have worked in that industry and various other trades for about 6yrs. Thus I am not a spring chicken, though as a engineer I dont have the most extensive experience.

The Job:
The job is a R&D job where I will be developing a process using electrochemistry(I am sort of new to this) to produce small production batches of a certain material. It will likely be a contract hourly position with no benefits. Right now the guy who wants me to do this will be having me do this in a attempt to start up a company in the field, he already has some other companies in a similar field though this is a bit different. I was strongly recommended to him by both the guy I did microfluidics work for and a Prof. who does work both with the microfluidics guy and this guy I am going to do the R&D with, in fact there is a strong possibility I will be doing the work out of that Profs. lab. It is a semi temp position till the job is done or I restart my grad work in the fall(he knows this), at which point my role with either cease, or be on a part time basis.

Thanks for your help.