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[quote=Anonymous][quote=Anonymous]Not all, maybe not most, consultants are self employed.[/quote] PP here. I know. So 230 as a consultant is like 175 as an employee: consultant has 7.5% self employment tax, no 401K match, no subsidy on health insurance, no vacation time. I make 165, but have 24 days vacation, 9 holidays, 6% 401K match, 12K toward health insurance, disability insurance (not sure of the value, but it paid out about 2.5K/year on average -- a lot of zeros, but three years totaling 55K). It comes out to 220K value as a consultant, excluding bonus., and I work 40 hours a week...total compensation is a better metric. [/quote]
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