5 ms·
Most of the developers at my company (www.facetdev.com) are contract, but for the few full-timers we still have, we used to ask the team to work long hours out
by rsweeney21 7y ago
Most of the developers at my company (www.facetdev.com) are contract, but for the few full-timers we still have, we used to ask the team to work long hours out of the goodness of their hearts if a project needed it.
That seemed wrong, so I implemented a bonus plan where you get paid 60% of everything you bill over your weekly goals and made working extra hours optional. I love writing those bonus checks!
- StavrosK 7y agoWait, so you pay overtime, except you pay 40% less? I must be misunderstanding. Also please tell me you aren't proud of paying for overtime and I'm misunderstanding that too. That should be the minimum expectation.
- dhruvmittal 7y agoNot the original poster, but any kind of overtime is rare for salaried work? At least in the US. I'd take 60% per hour for overtime in a heartbeat as long as it was optional, since I've always ended up doing that kind of work for client/manager goodwill (or the pleasure of not being fired).
- chatmasta 7y agoSome states (Washington, IIRC?) require overtime hours be tracked even for salaried positions, and those hours should be 1.5x regular rate. (This is off the top of my head based on an internship 6 years ago)
- foota 7y agoI think this may be true beneath a certain salary amount, but it's relatively low for software.
- inuhj 7y agoFor California it depends on both type of work and compensation. You can still be required to pay overtime to a salaried employee if they don't meet certain criterion such as being in a managerial position.
- dragonwriter 7y agoIn California, the level for computer professionals is nearly double the main (professional/management/admin) amount ($88K+ vs $45-50K depending on employer size.)
- tecleandor 7y agoI understand that you get 60% of what's billed to your client, which probably is several times your salary rate per hour, and not 60% of your regular rate per hour. Maybe?
- socalnate1 7y ago60% of what was billed to the client; so probably the equivalent of 3x or 4x their normal salary rate.
- rsweeney21 7y agoCorrect
- euler_angles 7y agoSo you ask people to work overtime at a discount to their normal rate?
- rsweeney21 7y agoNo, when full-time employees are billed out to clients it is usually at 2-3x their effective hourly pay rate. 60% of their bill rate is more than 1.5x their typical pay rate.
- euler_angles 7y agoAh, gotcha. That's pretty cool.
- ineptech 7y ago"Please respond to the strongest plausible interpretation of what someone says, not a weaker one that's easier to criticize. Assume good faith." - The oft-ignored HN comment guidelines
- euler_angles 7y agoI couldn't understand what he meant at all, that's why I asked.