4 ms·

>> $120+/hour Even this would be a substantial discount for most qualified people.

• edoceo 6y ago
  I'm not qualified and get that rate
  • bigmattystyles 6y ago
    You would be surprised what you can get just by asking.
• PragmaticPulp 6y ago
  Given the company, it's usually long-term contracts that more closely resemble full-time employment. The location is also usually outside of the biggest, most expensive cities. $120/hr * 40 hrs/wk * 50 wks/yr = $240K before self-employment taxes and paying for insurance. Ends up being comparable to typical compensation in cities that aren't SF, Seattle, or other top-tier markets. Now if someone was doing more typical ad-hoc freelance work on a project basis, $120/hr might be too low for typical work. However, $90-120/hr as a contractor with a long-term contract and stable pay over 12-18 months is not uncommon. Unless someone has a lot of new, small contracts knocking at their door nonstop, it can make more financial sense to take a $120/hr long-term contract over sporadic $200+/hr work that changes month to month.
  • RandomBK 6y ago
    Very true, though it'll depend on the seniority of the position. $240K/yr, minus self-employment taxes, insurance, and other overhead, not to mention the lack of other non-monetary benefits and comp, is not a lot for someone doing serious machine learning. I'd imagine that the type of specialized talent that Intel needs to catch up to AMD have plenty of options open to them. A comp strategy based on median industry comp might work to maintain their position, but probably won't churn out new industry-leading tech needed to jump ahead.
• Spooky23 6y ago
  For a contractor? You can do better than that making dashboards.