[ale] Contracting Rates and the Programmer's Cut
Fulton Green
ale at FultonGreen.com
Mon May 20 09:32:47 EDT 2002
A 30% overhead market has been the traditional amount for IT contract
agencies. Approximately a third of that goes straight to covering the
overhead of having you as an employee (the other half of Social Security
taxes, unemployment insurance tax, etc.). In these lean times, some agencies
may have reduced the overhead to 25% or even 20%.
On Mon, May 20, 2002 at 09:15:10AM -0400, Greg wrote:
> I have recently been talking to some contractor's about a job that they
> want to recommend me for with one of their client's and was wandering what
> percentage of the rate does the programmer usually get. I mean, if the
> contractor is charging the client $100 / hr ; what is customarily paid to
> the programmer ? 33% ?? 40% ??
>
> I know that the pimps have to pay for their expensive business addresses,
> lunches, salaries, etc from what they charge to the clients, but what cut
> usually goes to the programmers that actually do the work ?
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