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This is my experience in the UK. After a little under a decade in SWE I've consistently seen contractors grossing about 3x the salary of full time employees, wi
by rovek 9y ago
This is my experience in the UK. After a little under a decade in SWE I've consistently seen contractors grossing about 3x the salary of full time employees, with little prospects of "promotion" for engineers without changing employer.
- zimpenfish 9y ago> contractors grossing about 3x the salary of full time employees I dunno where you're seeing that but in the circles I move in, no-one is getting even 75% of 3xEFTE. More like 45-50% of 3xEFTE. (EFTE = Equivalent FTE. Obviously new FTEs cost a lot less.)
- sefrost 9y agoCentral London contractors can have daily rates of 400/500 easily. That's an equivalent salary of £90k+
- 201709User 9y agoMinus pension, minus insurance, plus accounting expense. So deduct a few grand.
- richardknop 9y ago600/700 is not unusual in London (several of my friends are on daily rates like that). Plus you can expense a ton of things as part of business costs.
- zimpenfish 9y agoIf you're into the weird or obscure fintech stuff, you can easily double those.
- richardknop 9y agoOr some enterprise nonsense like Ab Initio, Siebel, SAP etc.
- zimpenfish 9y agoYeah and someone getting 400/500 a day is not going to be getting a full time salary of £30k, are they? That's where the 3xEFTE claim falls down.