Companies pay benefits on top of salary. According to my company the cost for me is $208 per hour for "total compensation". I don't know how they come to that n

Companies pay benefits on top of salary. According to my company the cost for me is $208 per hour for "total compensation". I don't know how they come to that number but it seems unlikely. I generally bill out at about $100 more per hour. I make somewhere between 1/8 - 1/10 of that in actual hourly rate. The thing that really gets me is that I work salary but if I work over 40 hours in week they still considered that as a $208/hour loss even though they pay me nothing. Then I'm "over budget". Freelancers have to charge higher rates because of lack of benefits and because they can charge $200 per hour and still be cheaper than me. Freelancers have cost that aren't directly passed on in an employee relationship. You're also assuming all freelancers have 40 hours of work each week, which is probably unlikely. Now you have me dreaming of working 20 hours a week and making what I make now. Hell, I'd like to get to 6 figures in my 50+ hour per week corporate job.