Sorry for the long post, skip down to the Cliff's Notes if you don't wann read:
I've been taking care of the technical end of a cyber cafe startup owned by some family friends. I see them as family and have to this point been reluctant to talk amount compensation. They are very generous, and want to pay me something fair, but neither of us no exactly what "fair" is. They plan on hiring me on to take care of the computers, network, and purchasing of games and equipment and I'd love to help but would like to get the financial terms of the agreement settled before I commit myself any further.
In my past work experience, I was paid by when I clocked in and out. In this job, I would be working both on and offsite, with my billable hours being kinda murky~ i.e. would browsing on AT be considered "research"? I'm a college student and Sys Admin for another firm in the day and plan to spend no more than 8-10 hrs or so a week on the Cyber Cafe.
It would be nice to earn a couple of hundred extra bucks a month for helping them out, but assuming I earn $400 a month from them and charge on an hourly basis, I'm only making $10/hr.
What would be an equitable arrangement for both parties?
Thanks for the help
Cliff Notes:
1. Asked to do some IT moonlighting for family friends
2. Anticipate putting in about 10 hours a week when everything is up and running.
3. They're not too sure what to pay me
4. I am not too sure what to charge them
I've been taking care of the technical end of a cyber cafe startup owned by some family friends. I see them as family and have to this point been reluctant to talk amount compensation. They are very generous, and want to pay me something fair, but neither of us no exactly what "fair" is. They plan on hiring me on to take care of the computers, network, and purchasing of games and equipment and I'd love to help but would like to get the financial terms of the agreement settled before I commit myself any further.
In my past work experience, I was paid by when I clocked in and out. In this job, I would be working both on and offsite, with my billable hours being kinda murky~ i.e. would browsing on AT be considered "research"? I'm a college student and Sys Admin for another firm in the day and plan to spend no more than 8-10 hrs or so a week on the Cyber Cafe.
It would be nice to earn a couple of hundred extra bucks a month for helping them out, but assuming I earn $400 a month from them and charge on an hourly basis, I'm only making $10/hr.
What would be an equitable arrangement for both parties?
Thanks for the help
Cliff Notes:
1. Asked to do some IT moonlighting for family friends
2. Anticipate putting in about 10 hours a week when everything is up and running.
3. They're not too sure what to pay me
4. I am not too sure what to charge them