Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Jobs and Careers
Reply to "Federal Contractors losing jobs"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]1 contractor I know at State was laid off a month or two ago. Yes, typically direct hire employees are cheaper in total cost than contractors, but they are getting rid of those too. [/quote] How is that possible with benefits, retirement, etc.?[/quote] Typical body shop contractor markup is maybe 80-100%. This means if contractor's direct employee has $x in pre-tax salary then government is charged (1.8 * x) to (2 * x) dollars. The pass-thru markup typically is 8% to 10%. So for subcontractors who are 1099s (on the same contract) who get paid $x, the government gets charged (1.08 * x) to (1.1 * x) dollars. Federal employees usually cost less than a direct employee of the contractor. For subcontractors who are 1099s, the subcontractors often are cheaper than civil service, but not always. My part of the government is not in the budget. We are pure fee for service, so I have visibility into the fully burdened costs of a civil service employee. [/quote] Imagine if the federal government had the same system of appending a percentage of the total salaries and benefits of support staff and management to each FTE's hourly rate to get the true cost of a federal employee.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics