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How to get a higher cut of the bill rate on projects?

 
#1 How to get a higher cut of the bill rate on projects?
11/02/2011 16:37

austin

Has anyone been on a project where you knew the bill rate was really high but you only got a tiny piece of it (like paid $60/hr and billed out around $200)? Does anyone know of a company that pays consultants well – like 70-80% or more of what they’re getting?

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#2 RE: How to get a higher cut of the bill rate on projects?
11/02/2011 16:58

billy Goat Gruff to austin (#1)

ha ha ha ha. This is a Friday troll, right?

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#3 RE: How to get a higher cut of the bill rate on projects?
11/02/2011 16:58

geeza to austin (#1)

that's an indicator that your company is making nice fat margins, in which case they are probably healthy, likely to be able to give out bonuses and are probably a good place to make partner...

if you want to keep what you earn, go freelance - but you are of course then limited by your own ability to achieve utilisation and a good rate..

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#4 RE: How to get a higher cut of the bill rate on projects?
17/02/2011 16:43

austin to geeza (#3)

working as an independent is great actually, but the overhead is such a burden. are there companies that provide an umbrella to work under? in other words, the consultant brings in projects and forfeits a REASONABLE % of the bill rate for overhead? 20-30% seems way too low to be taking home.

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#5 RE: How to get a higher cut of the bill rate on projects?
17/02/2011 17:21

austin to geeza (#3)

working as an independent is great actually, but the overhead is such a burden. are there companies that provide an umbrella to work under? in other words, the consultant brings in projects and forfeits a REASONABLE % of the bill rate for overhead? 20-30% seems way too low to be taking home.

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