3 ms·
Maybe some textbooks? But like - when a software engineer is billed out by a contracting company at 250/hr and only is paid 50/hr it's pretty obvious that the w
by geogra4 6y ago
Maybe some textbooks? But like - when a software engineer is billed out by a contracting company at 250/hr and only is paid 50/hr it's pretty obvious that the wealth created is not what the worker is paid. It's been a long time since I took microeconomics in college but even the most charitable analysis of that is basically that the worker gives up the other 200/hr for stability and benefits.
- mywittyname 6y agoAnd support. That $200 goes to paying accountants, sales staff, executive, marketing, custodians, etc. All of which help keep that $250/hr paycheck rolling in and getting distributed. When I was working solo, I could not bill out remotely close to what I can as part of a firm. Not to mention that I had to find a cheap accountant, pay for office space myself, etc.