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by bena
1582 days ago
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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. |
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