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	July 2, 2009 Converting Salary Data Into Estimated Hourly Rates by Patrick M. Connaughton

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Executive Summary

This tool uses salary data from full-time equivalent positions as a reference point to estimate a reasonable hourly rate for contingent labor. This tool is based on Figure 1 in the June 23, 2009, "Take A Back-To-Basics Approach When Renegotiating Contingent Rates" report.

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