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by dos1 4766 days ago
As an independent contractor, one thing I feel I need to point out is that the hourly rate that the consultant gets, and the hourly rate the company gets charged for the consultant's time, are two VERY different things.

For example, my rate is between 90 and 110 dollars per hour for long term work. I would like to think I could charge more, but this is what the market will bear where I live. HOWEVER - there's almost always a vendor, and sometimes several vendors, between myself and the company. To the company I work for, my hourly rate looks about 10-40 dollars higher depending on the layers I go through. So for me to make 100/hr, it's likely the client is being charged 130/hr.

1 comments

Unless your client requires approved vendors only (usually big corps), you can just register your own corporation, and ask your client to rehire you via your corporation at a better rate for both of you. Even at a $15/hr difference it adds up to $30K/year.

EDIT: read your contract with the vendor before you do that.