4 ms·
>>$30/hour, bringing in about 6K a year. Was that a typo where you meant to type "60K" a year? That would make more sense, as $60K divided by $30/hr would be 2
by otoburb 7y ago
>>$30/hour, bringing in about 6K a year.
Was that a typo where you meant to type "60K" a year? That would make more sense, as $60K divided by $30/hr would be 2000 billable hours (40hrs/week * 50 weeks, not including 2 weeks vacation).
If that wasn't a typo, then 200 billable hours in an entire year (10% billable utilization) is a pretty tough way to make a living even with full benefits at the same company.
- jsbaby608 7y agoHe said 'as needed'. Which I assume is a handful of hours/month.
- francisofascii 7y agoNot a typo. My point was supporting the notion that publishing houses are doing away with employees and hiring 1099 contract workers from home on an as needed basis. Work would come in randomly and be due in a week. Instead of paying one FTE $35K plus benefits, they were paying presumably two contractors $6K each per year. $12K per year vs $35K is a huge savings for them. Also, it is more efficient, since the monthly magazine tended to have very busy periods and very slow periods during the month.