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So true, So true.... -Mike ----- Original Message ----- From: "Bill Patterson" <patterson@computer.org> To: <plug@lists.phillylinux.org> Sent: Sunday, December 29, 2002 9:45 AM Subject: Re: [PLUG] Jobs -- YES > Actually there are a few reasons why consultants often get more than that per > hour. > 1. They take on a much greater risk to their income by being consultants. > It is very easy to go from over 50ドル/hr. to nothing. > 2. They are required to be able to do things that there aren't enough > employees to do. This can mean a considerable amount of training time and > expense. > 3. They have to pay for any and all benefits they get. This includes the > 7.75% social security tax that your employer pays. This includes all HMO or > hospitalization premiums. This includes all workers compensation, life, > liability, and other kinds of insurance. Business owner employees are REQUIRED > to pay into the unemployment compensation funds, but are NOT allowed to take > any benefits from it. > 4. Pennsylvania has wanted about 300ドル per year minimum from corporations > just to get started. New Jersey is close at 280ドル. And it doesn't matter > whether you are incorporated in Delaware, each state in which you do business > wants its cut. On top of that a corporation is frequently expected to carry > business insurance (500ドル-600ドル minimum). Errors and omissions insurance can be > 1000ドル-2000ドル. Accounting fees can easily hover around 1000ドル. > 5. If the consultants are brokered the broker takes a percentage that the > client pays and that the consultant never sees. (Typically this is a 20-40% > markup.) > > You can't take the hourly rate billed to the client, multiply it by 2000 > hours/year, and get an annual salary equivalent. It just doesn't work that > way. Most clients understand this. > > I have to be careful or I'll talk myself out of consulting. > > Bill Patterson > > gabriel rosenkoetter wrote: > > > On Sat, Dec 28, 2002 at 11:51:31PM -0500, Mike Leone wrote: > > > That 50ドル an hr almost certainly is not a salaried rate, Gabe. Most likely > > > consultant fee. And that's not high, for consultants. > > > > Oh, I understood what it was. And it's being not high for > > consultants is only that much more ridiculous. :^> > > > > -- > > gabriel rosenkoetter > > gr@eclipsed.net > > > ------------------------------------------------------------------------ > > Part 1.2Type: application/pgp-signature > > _________________________________________________________________________ > Philadelphia Linux Users Group -- http://www.phillylinux.org > Announcements - http://lists.netisland.net/mailman/listinfo/plug-announce > General Discussion -- http://lists.netisland.net/mailman/listinfo/plug _________________________________________________________________________ Philadelphia Linux Users Group -- http://www.phillylinux.org Announcements - http://lists.netisland.net/mailman/listinfo/plug-announce General Discussion -- http://lists.netisland.net/mailman/listinfo/plug