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Old 07-23-2008, 12:05 PM
 
Location: Charlotte,NC, US, North America, Earth, Alpha Quadrant,Milky Way Galaxy
3,770 posts, read 7,548,175 times
Reputation: 2118

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Quote:
Originally Posted by anifani821 View Post
Docs get paid too much, IMHO, but that is another thread, LOL!!!

Those are nice rates, especially if one is actually working close to a 40 hour week.

Well. Seems it would be tough to replace those jobs here, if there are say - 1500 people in IT looking for similar jobs. Not a good thing.

Correct, however if you're a contractor, you know that at any moment your contractor can be "ended" without zero notice, so you (theoretically) should always have something in your back pocket or at least on the back burner.
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Old 07-23-2008, 12:45 PM
 
Location: State of Being
35,879 posts, read 77,512,987 times
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Quote:
Originally Posted by Miker2069 View Post
Correct, however if you're a contractor, you know that at any moment your contractor can be "ended" without zero notice, so you (theoretically) should always have something in your back pocket or at least on the back burner.
I understand that. My work is basically contract. I know what I can count on w/ retainers . . . and flat rate projects . . . and then put $$ aside. You gotta do that when you are out on your own . . .
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Old 07-23-2008, 01:03 PM
 
Location: Charlotte,NC, US, North America, Earth, Alpha Quadrant,Milky Way Galaxy
3,770 posts, read 7,548,175 times
Reputation: 2118
Quote:
Originally Posted by anifani821 View Post
I understand that. My work is basically contract. I know what I can count on w/ retainers . . . and flat rate projects . . . and then put $$ aside. You gotta do that when you are out on your own . . .
Right. I tell people that contracting can be very rewarding both professionally and financially, you just have to do it right (and you're strategy is exactly how to do it right).
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Old 07-23-2008, 01:07 PM
 
Location: Moon Over Palmettos
5,979 posts, read 19,901,739 times
Reputation: 5102
When contract jobs dry up, the recruiters staffing for these contract jobs are hurting as well. Twice in the past 2 months, a recruiter has called me asking if I was aware of any potential openings for contract positions in my company, conceivably so they can call on these people and push their candidates. The slowdown in both banks are hurting not only the employees (and their families) but also those whose jobs are dependent on companies hiring. I feel bad for everyone all around. Contract jobs with Wachovia for finance pseudo-IT people start at $45/hr net to the candidate, or about $80/hr to the recruiter....not a bad chunk of change.
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