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My firm pays a contractor for supporting our mainframe systems. His company charges us ~$900 a day for his services.
by boredatworkme 6y ago
My firm pays a contractor for supporting our mainframe systems. His company charges us ~$900 a day for his services.
- bingojess 6y agoYour firm pays his company $216k a year. He probably sees 1/3 to 1/2 of that, maybe less. I'm not in software but that seems low doesn't it
- blackrock 6y ago$900/day is $225,000/year. Or about $112.50/hour. But this is what your company pays as Corp-to-Corp, to his company. His gross pay is significantly less. Maybe at $65/hour. So his annual pay might only be $130,000/year. And while this is decent pay, for middle class wages, it is not really very impressive.