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I can confirm that rates are a lot lower than what they used to be. Comparing what I earned in 1996 with 2018, the actual income at the end of the month is abou
by marenkay 8y ago
I can confirm that rates are a lot lower than what they used to be. Comparing what I earned in 1996 with 2018, the actual income at the end of the month is about 20% of what was there in 1996 for about twice as much work, and 20 years experience more.
For the contractual side, if you are in Europe, one-sided rules in such contracts are easily removed, since they are void by European laws.
It's the same with US companies insisting that you do not work for a competitor after contracts end but European laws actually then require the company to pay you for monetary loss or such clauses are void. Also has been confirmed in court cases.
Regarding lack of information or even invalid information before signing contracts: this is also grounds for annulling the contract.
- vfc1 8y agoDo you mean that in 2018 the income is 5 times less than in 1996, taking into account both lower rates and inflation? Or 20% less today than in 1996, in gross terms? The problem is, now most freelancers are forced to create their own service companies (of one person), so the contract is between two companies and not between a company and an employee. And in those cases, the rules are not the same, AFIK. I did ask a lawyer to get the contract reviewed in 2013 for a mission that I was baited into taking and then there is literally almost no programming involved and I wanted out. The lawyer examined the service contract and told me that by the terms of the contract, I would have to either serve the service contract or reimburse the company for what they would lose. Maybe another lawyer would say something different, or things changed since 2013.