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I only moonlight, but my rates are dependent on non-profit status, locality, and size of the company. The rate I charge Fortune 500 companies ($150/hr) is about
by marpstar 4y ago
I only moonlight, but my rates are dependent on non-profit status, locality, and size of the company. The rate I charge Fortune 500 companies ($150/hr) is about twice that I charge the local library ($80/hr).
- lupire 4y agoNon-profit just means money goes to employees and managers, not investors. Focus more on the social value of the work the business does, and how fairly emooyees are paid, not legal tax status.
- sriram_sun 4y agoIf you're moonlighting Fortune 500 companies will rarely talk to you directly. So my guess is that you are contracting with a company that is either directly contracting with the Fortune 500 company or is itself a subcontractor. The $150 per hour that makes its way to you is probably seeing a few levels of attrition :-)!
- HeyLaughingBoy 4y agoI moonlight behind an LLC for exactly this reason. I got an F500 client a long time ago and I was nervous that they'd figure out that my Sole Proprietorship was just me (don't even remember why I thought that), so one night I went to the Secretary of State website and registered an LLC and once that was done, got a tax EIN from the IRS. Completely unnecessary at the time, it turned out, but over the years I've found that a lot of people are more comfortable working with Joe Blow LLC than just Joe Blow.