4 ms·
If you can bill $200 per hour for 75 hours a week for a year, though, maybe you'd be willing to do that for a year or so just in order to never have to do it, o
by marvin 8y ago
If you can bill $200 per hour for 75 hours a week for a year, though, maybe you'd be willing to do that for a year or so just in order to never have to do it, or any other work, ever again.
Of course, if the client actually has to pay $200 per hour you're present, it's exceedingly likely that the overtime culture will stop overnight. It's obvious that it isn't working already, once the company actually pays for it as well, it is bound to stop.
- kansface 8y agoThats only 750K$ - roughly have the price of a house in the Bay Area before taxes (maybe just enough for the down payment).
- kelnos 8y ago... and also consider that taxes (self-employment tax etc.) and expenses (health insurance) are higher when you're a contractor. You'll be lucky to see half that figure hit your bank account.
- watermelongunn 8y agoI'll give you that health insurance is more expensive as a contractor (though not enough to significantly cut into $750k), but if your taxes are also higher then you really need to talk to a good CPA. If you are doing it right, paying less in taxes is one of the BENEFITS of being self-employed.
- graedus 8y agoCertainly, but let's not forget that there exist other places to live :)
- WalterSear 8y agoI was paid pretty well, but the period of burnout that followed cut my effective hourly rate in half. The problem wasn't the long hours - it was that places that push long hours tend to get other, even more important things wrong as well, like product-market fit.