nixen
Rockin' the Boxen
Premium
join:2002-10-04
Alexandria, VA
 ·Cox HSI
 ·Speakeasy
| reply to rradina
Re: Sounds like...
said by rradina  :We pay $105/hour for one poor fellow. He sees less than half that. Umm... What percentage do you think a US citizen gets as an employee of a consulting company? The only way a consultant ever sees more than a small fraction is if he's a direct contractor (i.e., 1099'ed directly to the end-employer).
-tom
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"Some people have morals, standards and ideals about quality, but I'm an American: I couldn't care less." --Tony Pierce (paraphrased) |
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rradina
join:2000-08-08
Chesterfield, MO
·Charter Pipeline
| Unless we're talking a fresh college grad working for a large national firm that's billing $150/hour and paying peanuts or a position where work is not constant (10 or 20 hours/week max), that shouldn't be the case. As a software developer (consistent 40+ hour weeks) I contracted from 1993 to 2001 and depending on the firm, I was directly paid anywhere from 50% to 70% of my rate. This is with 401K matching and benefits.
Consulting companies certainly get a decent cut but unless it's a bad deal (like my Indian associate or the college grad) or a low utilization position, the worker generally gets a fair share of the billable rate. |
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nixen
Rockin' the Boxen
Premium
join:2002-10-04
Alexandria, VA
·Cox HSI
·Speakeasy
| said by rradina :Consulting companies certainly get a decent cut but unless it's a bad deal (like my Indian associate or the college grad) or a low utilization position, the worker generally gets a fair share of the billable rate. Or, unless it's a salaried position for which the individual engagement rates vary and utilization varies week to week.
-tom
--
"Some people have morals, standards and ideals about quality, but I'm an American: I couldn't care less." --Tony Pierce (paraphrased) |
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DSL Oberst
join:2001-11-29
| reply to nixen
Earthlink's American-based outsource receive payment of approximately $9/hr [San Antonio and Omaha outsource]. Considering that Earthlink is billing the outsource company at a rate of $12/hr, I'd say that [combined with what I've seen in my own experience] most contract employees see about 60-80%. I'd tend more towards the low side; Earthlink tends to have higher pay than comparable companies. |
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