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You ignore the value of all benefits you get from full time employment. The 30-50% salary is not that rosy in reality. You're assuming that you don't contribute
by slavoingilizov 9y ago
You ignore the value of all benefits you get from full time employment. The 30-50% salary is not that rosy in reality. You're assuming that you don't contribute to a pension, pay out of pocket for every expense if any, additional cost of transportation, gym membership etc. Many full time employees get these by default. So you're over-simplifying and distorting the size of the difference. In addition, self-employment has an added cost to do all admin (accounting, tax returns, communication and negotiation, etc.). The devs I know hate that, so you're just getting more money by doing extra shitty work (from one perspective at least). Apples and oranges.
- mamon 9y agoAccounting and stuff costs you around 40$ per month, so that's negligible. Gym membership? that's maybe another 40$. Not to mention that you get tax credit for those, and other business-related expenses. Pension plans are all government-sponsored Ponzi schemes, so I wouldn't count on them anyway, but if you insist then paying your own, private pension fund is hell lot cheaper than state-owned one. The only significant downside of self-employment is that you can't get paid vacation so easily, but still it is possible to negotiate some. All things considered, the only thing that could force me to sign full-time employment contract would be a gun put to my head.