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Re:Ask HN: How do you start contracting? by cushychicken on Sunday January 09, 2022 @01:56PM (#29866225)
>$300/hr is the same as $600K/year.

...at 100% utilization, yes.

I've never personally met an independent contractor who books more than a thousand hours a year.

Re:Ask HN: How do you start contracting? by jollybean on Sunday January 09, 2022 @03:08PM (#29866860)
It's the equivalent from the 'buyers' perspective - that's the benchmark burn rate if they were to hire the person for a 'man year'.

Contractors come in all shapes and forms some may book more, some less, though yes, from the contractors perspective, $150/hour is more like $150K/year.