4 ms·

This is not exclusive to the government: most large companies pay contractors double the employee salary for the equivalent job

• bradleyland 15y ago
  Precisely. My consulting rate was $150/hr when I last did the work. Were I hired by just about any company to do the same job, I wouldn't make anywhere near $312,000 a year (assuming 40 hrs a week, 52 weeks a year salary), even when factoring in benefits. My staff counterparts within the corporations I worked with were making right around six-figures, so in that context, the government is doing really well.
  • philwelch 15y ago
    At those rates you start running into the backwards-bending supply curve. In other words, instead of making $312,000 a year working 52 full weeks, tons of people would be more than happy to make $200,000 working 33 weeks and a couple extra days, or some other point along the line.
    • gte910h 15y ago
      Exactly. I in no way set rates to hit the mythical 2000 hours a year number that recruiters love.