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Anonymous wrote:josey23 wrote:As others have noted, employees at contractors are pretty much stuck in this situation. Great if the company can shift you to non-federal work but these companies are less diversified than you may think; my old employer had over 5000 people and was 98% dependent on the federal government.
As for the labor rates, there is a stunning difference between the rate billed to the government and the number on the employee's paycheck. I don't know where all that money goes but they toss you overboard pretty quick if you stop billing hours.
I think this is a weakness of certain contractors that is not the responsibility of the government to cure. Any consulting/contracting firm that is not diversified runs this risk, Fed contractor or not. Too much dependence on a key client is a well known business risk and you have to consider that when you take the job.
Yep, many of us blanched when management decided to stop pursuing their state government and private client work so they could "focus" on the federal market. And now I need another drink.
As others have noted, employees at contractors are pretty much stuck in this situation. Great if the company can shift you to non-federal work but these companies are less diversified than you may think; my old employer had over 5000 people and was 98% dependent on the federal government.
As for the labor rates, there is a stunning difference between the rate billed to the government and the number on the employee's paycheck. I don't know where all that money goes but they toss you overboard pretty quick if you stop billing hours.
As for the labor rates, there is a stunning difference between the rate billed to the government and the number on the employee's paycheck. I don't know where all that money goes but they toss you overboard pretty quick if you stop billing hours.
I had my first colonoscopy a few months ago and found the prep and procedure to be no big deal.
I got sequestered out of my federal contracting job a couple months ago. It stinks.