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It looks like it's some kind of revenue guarantee, which might be attractive to some people if they worry about hitting those revenue targets, although it depen
by _delirium 12y ago
It looks like it's some kind of revenue guarantee, which might be attractive to some people if they worry about hitting those revenue targets, although it depends on expenses and other opportunities. They're guaranteeing effectively either $38/hr revenue if you commit to 60 hrs, or $28/hr revenue if you commit to 40 hrs, in both cases prior to expenses (gas, maintenance, etc.). Not sure how to estimate what that'd work out to as income post-expenses.
Conditioning the payment on a 60-hour commit seems questionable, although I assume they had their lawyers vet it. Independent contractors are exempt from a lot of labor law, but things get dicier if you contract them in such a way that they become de-facto employees working full-time for you and unable to take other work.