How to determine contractor hourly rate and employee salary equivalents?
Take $100,000 base salary, x 1.5 = $150,000 contractor salary, divide by 1,872 hours = $80/hr
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction:
How to determine contractor hourly rate and employee salary equivalents?

### Response:
Take $100,000 base salary, x 1.5 = $150,000 contractor salary, divide by 1,872 hours = $80/hr