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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Contractor. Some have great benefits. [/quote]

It is an independent contractor position, which means that individual is their own business.  Here are things to consider:  self employment tax (7.5%), health insurance (about 10K), 401K match (varies, lets say 6%),[b] no pay on vacation or holidays (lets say 35 days a year).  [/b]

So, 200K is $100/hr.  88/hr after percent benefits -172Kyr.  35 days off is 35*88*8, $24600.  Subtract out health insurance, you are down to 140K.  Now, no-one is marketing for you.  You want to stay employed.  Figure you need to spend 10% of your time on that; 17.2K. Suddenly your net is 125K

For the 125, you have to deal with invoicing, book keeping.  And the uncertainty that goes with being independent.

I would probably stat with the gov't.[/quote]

There are 10 federal holidays per year. Doubt this person should base the calculations on taking 25 (5 weeks!) of unpaid vacation/sick leave per year.

Health insurance is huge. Do you have a spouse/partner who can cover you for this for considerably less than 10K/year?

Marketing: not all indep contractors need to spend time marketing themselves. Many of these positions are full-time, steady, more or less permanent "basically fed" jobs.

Definitely consider flexibility. For some of us, it's worth a whole lot of $.[/quote]

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