2 ms·
Contract numbers shouldn't be directly compared to employee compensation numbers. A contractor has additional expenses and taxes and can have periods between c
by not2b 7y ago
Contract numbers shouldn't be directly compared to employee compensation numbers. A contractor has additional expenses and taxes and can have periods between contracts with nothing coming in, so needs to be making more money to have equivalent net income after taxes and expenses.
- robomartin 7y agoNo difference in my experience. It's all part of the negotiation. I used "contract" as a general term rather than to mean just contract work. Of course, I am talking about outliers here, that should be understood. In most of these cases it is, as I said, a right-place, right-time, right-skills circumstance, an alignment of the planets, if you will. I've seen even crazier stuff. Back during the most heated phase of the internet bubble savvy guys were making outrageous deals. I remember one guy who wanted to charge $500 per hour if he worked from home and $800 if he had to come to the office...to complete a Visual Basic project. No, he was not hired. Wrong place/time/skills.