<p>Just curious about the kind of salary it may translate into. If someone gets a job with a private company that won a government contract, and the company charges the government say $150 per hour for him/her, what kind of % of that $150/hour, i.e. hourly rate would you think the person will get? I am sure it varies among industries. Any thoughts/guess?</p>
<p>Half?</p>
<p>I think less than half. Maybe $60k?</p>
<p>Oops maybe $100k. Because it’s $300k from government.</p>
<p>In my field “speech pathology”, agencies charge $150 an hour for their services. The therapists get $60 an hour, sometimes $50. And no benefits, just pay when you work…hourly.</p>
<p>Yeah I’d guess $50 max. Possibly as low as $35. </p>
<p>I was thinking it has to be at least 50% at $75 per hour, but then some of you actually think it may be even less than that, I guess it also depends on if company has to pay for the employee’s health care and other benefits. </p>
<p>I was thinking of w-2 with excellent benefits. Maybe with 1099 it’s different.</p>
<p>Having worked in government contracting and actually knowing my billing rate…trust me, you don’t want to know the conversion. Both because you’ll get depressed knowing you make so little versus what you’re being billed at AND because you’ll get depressed knowing someone pays that much for you. </p>
<p>Mine was 1099 with no benefits. This is why I never contract through agencies. I can contract directly with those who need my services,</p>
<p>Well, often an employee’s “real salary” can be about twice of what the actual salary is (because of employer paid FICA, insurance, pension and 401k contributions, etc). Then, of course, the company has overhead for the company/employee (building/utilities/maintenance/etc), and then the company has to make a profit. </p>
<p>I would guess that a company that charges the gov’t $150 an hour for an employee is paying that employee about $35 an hour. </p>
<p>This is true of many contracting relationships, not just government ones. If you work for one of the big consulting companies, they will bill you at $250/hour after a few years, and they are paying you maybe $60/year. </p>
<p>I agree with the posters who say it would be 30% at most.</p>
<p>20% in some fields</p>