answer:I have been in this situation and its variations (I have also gone form contract to full-time employee and FTE to contractor.) I don’t think anything changes rate-wise. You may be full-time, but you are still a contract worker. Your rate stays higher than a comparable employee hourly rate, because you are having to pay your own benefits. a) Multiply your rate by 2,080 and you should be offered at least that. b) No on the more, but you should make sure you still get overtime. You are not a salaried employee. c) No on the less. You won’t be working less.