What overall rate did you use, and what are its units? If you want to read the effective population size as an effective number of individuals then you need to specify the rate in substitutions *per site* *per generation*.
If you specify the rate as substitutions per site per year (say) then the effective population size will be scaled by the generation time (in years).
If you specific the rate as substitutions per genome per generation, then the effective population size will be scaled by the number of sites in the genome, etc.
Cheers