5 ms·
The high rolling software contractors I know use "billable hours" as a random meter stick to charge whatever they feel like. I know a guy who has more billable
by kache_ 4y ago
The high rolling software contractors I know use "billable hours" as a random meter stick to charge whatever they feel like. I know a guy who has more billable hours than waking hours across the week across three contracts. The customers know and don't care, because he gets things done. I've even heard people complain about clients over beers and say "because they were being so stupid I added 8 billable hours"
charge what you want. Billable hours are to make the departments approving the spend feel comfortable. What are they going to do? Find someone else who can build a complex OLTP system in 2 months?
- postcynical 4y agoMore positively framed: this is essentially charging for value added, not time spent. A contractor who saved/made the company a lot of $$$ can overcharge, knowing that his rate pales in comparison with savings/profits he made, so no one cares. However if he does not deliver enough value add, that sort of behaviour won't fly and he most likely will under-charge to avoid embarrassment.
- chasd00 4y agoFor really big clients the trick is finding out the maximum allowed budget before the next approval escalation kicks in. You divide that by the LOE in hours and that’s your hourly rate.