[mplspm]: [Perl Jobs] Perl/Pro*C Developer (onsite), United States, MN, Minneapolis (fwd)

[Stephen R. Wilcoxon]

On Wed 2002/01/09 15:19:53 CST, Dave Rolsky <autarch at urth.org> writes:
> On Wed, 9 Jan 2002, Bruce Albrecht wrote:
> 
> > Yes, I was just figuring gross income.  $30/hr is probably closer to a
> > $45k-$50k FTE position.  It was my impression that my contractor
> > friends were making at least $50-60/hr in 2000 and early 2001, so I
> > was wondering if the going rate had really dropped to nearly half of
> > last year's rates.  My friends mostly have a lot more than 3-4 years
> > experience, though.
> 
> There is some serious confusion here about what "contracting" means.
> 
> There are 2 kinds:
> 
> 1099.  You are your own employee.  you pay your own benefits and all of
> your taxes.  You are not employed by anyone but yourself.
> 
> W-2.  You are an employee of the contracting company (in this case Team
> Excel).  Your employer (Team Excel) pays part of your taxes and may (most
> do) offer benefits including health plans, 401k, vacation, etc.  Usually
> these kick in after a certain number of months as an employee (about 2-3
> for most places, I think).
> 
> So, your contracting friends who were amking 50-60/hr were _probably_ 1099
> employees.  You can figure that's equivalent to about 75-85k/yr FTE.

Probably not.  My last job, I was getting paid $55/hour for W-2.  Before 
takinbg my current job I saw rates as high as $135/hour for 1099 
(admittedly, I suspect that was a hellish position with a REALLY needed to 
be done yesterday schedule).  For time-frame sake, this was all in 
September 2000.




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