Career Path > Salary Questions

Wage Raises Due To Tax Cuts

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--- Quote from: GLW on May 14, 2018, 11:20 ---

thread over and done,...

--- End quote ---

That's a shame, when  I had just posited

--- Quote from: Atomic Archeologist on May 14, 2018, 07:33 ---
Perhaps I should have inquired if any of the nuclear personnel vendors are giving raises tied to the tax break as major hi tech corporations have.

--- End quote ---

My experience working for a small consulting firm was that billing rates were 2-3x higher than the actual pay the worker received. The billing rate needs to include all overhead (office space, management staff salaries, health care, insurance coverages, social security and Medicare taxes, workers compensation insurance, etc.) plus some profit to float the company between contracts. Generally speaking, the smaller the company, the higher the overhead is as a percentage of total company cash flows.


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