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Its always struck me as odd that Contractors in IT in the USA don't get the premium you do in the UK. I would expect 3x my FTE rate as a self employed contracto
by walshemj 9y ago
Its always struck me as odd that Contractors in IT in the USA don't get the premium you do in the UK. I would expect 3x my FTE rate as a self employed contractor and that's before the better tax treatment even after the reforms to tax on dividends.
- danmaz74 9y agoFrom what I read, it looks to me like actually, in the UK, it's permanent workers which have pretty poor salary for the IT market.
- walshemj 9y agothere is that as well :-( eg a train driver gets £60k for a 4 day week plus overtime plus a final salary pension.
- richardknop 9y agoYes. Bus/tube drivers have similar salaries to what many companies are offering to software engineers. So it's a bit ridiculous situation. Often the same company which offers low perm salary will hire contractors with high daily rate (which roughly translate to 2-3x money after taxes) without blinking an eye.
- danmaz74 9y agoAny idea about why? I could understand a big difference if firing employees was very difficult for employers, but AFAIK after Thatcher firing people in the UK is pretty easy.
- taway_1212 9y agoIMO, in the UK the FT employment (for "senior" roles) is for suckers who don't realize their actual value. If companies can't find enough of them, they bite the bullet and supplement with contractors. Hence the two separate pays for the same job.