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$200/hr fully loaded cost or $200/hr wage? Because a $60/hr wage isn't really that far away from a $200/hr fully loaded cost in some cases. If you're hiring a
by kube-system 3y ago
$200/hr fully loaded cost or $200/hr wage? Because a $60/hr wage isn't really that far away from a $200/hr fully loaded cost in some cases.
If you're hiring a non-employee contractor through some other company for $200/hr ... the SWE making $60/hr might just be that same person. Taxes, benefits, and overhead are very expensive.
- jandrewrogers 3y agoThe overhead costs of highly paid employees in the US are something like 25-50% of the wage. $200/hr gross will pencil out at $1xx/hr received.
- kube-system 3y agoDepends on the company. I have seen people making $40k/yr being billed out between $180-210/hr... about $20/hr for the employee after PTO.
- starbase 3y agoIt's contract work paid straight to the dev, with a 1099 when tax season rolls around.
- deleted 3y ago[deleted]
- BobaFloutist 3y agoOk so they're paying the rest of the full load.
- boppo1 3y agoHow do I tell an employer I just want my 'fully loaded' cost in cash?
- starbase 3y agoBecome a contractor. If you go this route, be aware an additional ~1/8 your income will be confiscated as taxes. Worth it for the flexibility, IMO.