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I will just say that it’s never 1:1 because contractors come with way less benefit and legal baggage than employees. I’ve had a CFO tell me he’s willing to pay
by snowwrestler 4y ago
I will just say that it’s never 1:1 because contractors come with way less benefit and legal baggage than employees. I’ve had a CFO tell me he’s willing to pay 2x-3x salary to get the same work from contractors.
- adrian_b 4y agoAlso any contractor has to request 2x-3x more than when receiving a salary, to cover for extra expenses and taxes and for extra risks (time when no contract is obtained).
- phkahler 4y ago>> I’ve had a CFO tell me he’s willing to pay 2x-3x salary I took that into account. I made between 100k and 200k per year vs the other guys 600k for the same work, which I arguably did better since it was my specialty. The company really was being taken for a ride by the contractors (if what I was told was true).
- joshspankit 4y agoCompanies being taken for a ride by contractors: 100% happens. I’ve seen it first hand from the head offices. In both cases it was “we’re going with product X because it’s supposed to be the best. Does anyone here have expertise in it? No? Good thing the vendor has trusted partners.” One contracting company had the audacity to fly in two carloads of “experts” before the system was even set up. They lingered and deflected even the most basic questions about the product.
- granshaw 4y agoHell, less baggage _in general_ … they’re not gonna get offended easily, have adamant work styles, wanna just play politics etc They just come in and get shit done