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Are there any guidelines on (e.g. a percentage rate) how to calculate between a hourly rate for working under W-2 vs. corp-to-corp/1099?
The reason for my question is that I recently applied for an IT consultant role and initially told the company I would like to work under corp-to-corp. I later received from them an email detailing the liability insurances they want me to have if I want to work under corp-to-corp.
Since the insurances are potentially expensive, they offered me to work for them under W-2 instead and asked what would my W-2 rate be.
Here I would like to understand if there are common expectations on how large (or small) the differences between the corp-to-corp and W-2 rates would be.
Are there guidelines on how to set ones W-2 rate vs. corp-to-corp/1099 rate on the IT-market? I mean, is it typical to set corp-to-corp rate X percent higher than W-2 rate?