Hacker News new | ask | show | jobs
by bena 1582 days ago
Yeah. So for every hour you bill, about 35 cents of every dollar goes to you and 65 goes to the company.

And this is where it's weird, because 65%, 180%, and 280% are all valid, but different, ways of looking at it.

Because you get 35% of the money, the company gets 65%. i.e. 65% of your billable hours are overhead.

Or, the company gets 180% of what you get. Or, you could say your overhead rate is 180%.

Or, you charge the government 280% of what you get paid. Which is the effective end result.