I hate to jump back into an email thread that should probably die, but for the sake of sharing information I'm going to post this.
Another difference between rates in the U.K. versus U.S. isn't just the exchange rate, but the difference of taxes, benefits, etc. For example, if you are an independent consultant in the U.S., you have to pay a lot extra to buy health insurance where it's provided under a government plan in the U.K. (I don't want to debate the merits of either system, just mentioning it as a major financial impact.) If you are an employee rather than a contractor, the majority of jobs like working with Remedy are going to include decent health insurance, which you pay a small portion of, out of your paycheck. Retirement accounts are another expense that consultants don't automatically get. So from a consulting standpoint, you are accepting increased risk (in the U.S.) to pay for your own health insurance, retirement accounts, etc. where most employees do not or do so at a small rate since their employer takes care of most of those expenses. Also, you expressed confusion of what a 1099 is. Basically, full time employees and many contractors (employed by a service provider) are paid under what's called a W2, basically in reference to the tax form they receive. Independent consultants and those who have their own corporation can be paid directly as an individual or as a corp to corp and use a tax form called a 1099. There are various benefits to each, but a good rule of thumb is that a person who gets a W2 generally has a paycheck from an employer, and taxes are automatically removed from each one. If you're getting a 1099, you have to estimate your own taxes and pre-pay them, then true up when it's time to file. As a result of less overhead for the "employer" and more accounting work for the consultant, 1099 contracts tend to pay a bit more. I've worked under both in the past and I preferred the 1099 option as you get paid more and it isn't that tricky to pre-pay taxes for someone smart enough to work with Remedy. Thanks, Shawn Pierson Remedy Developer | Energy Transfer -----Original Message----- From: Action Request System discussion list(ARSList) [mailto:arslist@ARSLIST.ORG] On Behalf Of Lisa Singh Sent: Sunday, September 22, 2013 1:51 AM To: arslist@ARSLIST.ORG Subject: Re: REMEDY ADMIN NEEDED in Colorado Springs, CO - SECRET CLEARANCE - 6 Month Contract to Hire - $80-100K (Based on experience) - Contract Rate $38-48/hr On 9/21/13, Brian Goralczyk <bgoralc...@gmail.com> wrote: > Lisa, > > It sounds to me like you realize the compromise you are making, which > means I don't think you should feel insulted by comments regarding rate. Indeed, some of work for reasons other than chasing the most dollars. Also please take on board my other comments regarding UK employment. But on balance I do find it somewhat insulting when someone essentially boasts about being so highly paid. Also, I > hope you are doing financial conversions when you talk rates. As I > recall (from a few years ago) it was approximately a 2 to 1 ratio > (American to UK). 1.6 So I am intrigued why you feel it was rubbed in. Just write this off as a personal view so it doesn't extend the argument. Telling someone they're being ripped off could be misconstrued as someone not being savvy enough to get a chase high salaries. The other thing I didn't mention and shouldn't have to is that due to a disability I don't last very long in cut-throat private sector environments. In any event it's still boastful. If it ends the argument just write it off as a personal reaction to boasting about being highly paid. Even if I choose a modicum of job security and a decent benefit package over chasing the high contractor dollars, it's polite to bear in mind people earn not just less but a lot less. It's an international list and IT jobs aren't as lucrative in the UK as in America in the best of circumstances. But just write it off as I personally find boasting about being paid insulting, so better if you blame me instead. You chose your > rate. As does everyone else. David was only bringing up the fact > that there are people that aren't aware of the rate that they can get > and us such hurt the people that do know by lowering the acceptable > rate for a given skill set. > > These discussions are important for head hunters to understand why > they are sometimes facing a challenge filling their need when they try > to pay rates that are lower than have been accepted historically. It > is hard for a consultant to go from 75/hr to 50/hr. This is a > challenge for anybody to deal with. > Can we please stop now? I _______________________________________________________________________________ UNSUBSCRIBE or access ARSlist Archives at www.arslist.org "Where the Answers Are, and have been for 20 years" Private and confidential as detailed here: http://www.energytransfer.com/mail_disclaimer.aspx . 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