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Game folks who've been laid off: What % of your regular salary would you need to accept a contract position? Would you.. - accept a lower rate just to have income? - insist on matching your usual salary? - need an amount greater to deal with contract overhead / uncertainty?

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Depends on how fortuitous I think the market is for my skills at that moment. If I felt I had a good shot at a number of known FTE openings then a contract could harm those prospects so maybe offset that with 140%+ of previous salary. If I'm not so lucky then the bar is 50-60%, realistically.

Depends on who I'm talking to, for what position. For a bigger company, I'll start higher than my last salary (accounting for variability in employment, plus self-employment taxes and paying my own health insurance). I'll go lower for friends, or friends of friends, or things I want to work on.

I figured out the rate I need to hit working 60-70% of work days in order to pay my bills, but if someone guarantees more days, which is what I charge for hourly or day-rate work. If someone guarantees a lot of days, I can come as much as 20 or 30%. Even the shittiest insurance is hella expensive.

My answers might be too ‘the way it used to be’ but I’d hope to only accept lower if I was unemployed and needed a bridge to the next gig. I would generally look for higher rates for contract (idk ~120%) because of the end date / uncertainty / hassle.

In a healthier job market I’d probably only consider contract if it was something like +20% over salaried pay to account for health insurance and dead time between contracts. In this job market? I’ve applied to contract roles that pay less than half of what my last salaried full-time roll paid.

Yeah, as a freelancer for ten years that dipped my toe in W2 work and then got laid off, this seems about right. If it's a big name contract with deep pockets sometimes you can get away +30 or +40%, but +20% seems about average.

There are a LOT more senior contract roles this time around than when I was laid off two years ago. I think that’s been made possible by a lot more seniors feeling desperate enough to accept them

I was considering anything that helped bills to reduce savings burn, more allowance for shorter gigs. Ideally covering cost of living+insurance+taxes, but if it could carry me through the lease some of that could change. Figured I could reevaluate pay in the future but needed something to contribute

I did have a floor rate but my first layoff was in a high CoL and I honestly was just focused on using severance to make the difference until the move. There were low rates that just didn't match experience/expectations and I avoided those. I was looking for fair pay, just maybe not my market rate.

makes sense. i’m seeing numbers both wildly higher and wildly lower than i’d expect and it’s baffling me why both exist at the same time