Re:JS Git
by th on Friday March 22, 2013 @02:40PM
(#5424743)
Income is a strange thing.
Scenario 1:
Make a product in a month and sell it online. Assume you make $60,000 dollars over 2 years, performing only minor maintenance tasks occasionally.
One way to look at it: That's $2,500 per month in income.
Another way: That's $60,000 for one month of work.
Scenario 2:
Perform a large task for a company charging them $12,000 and promising to deliver it in a month. Depending on the work being delivered, that's not necessarily an unreasonable cost.
One way to look at it: That's paying $12,000 for $12,000 in value
Another way: That's approximately a rate of $75 per hour.
--
A company paying an employee $12,000 every month for developing software is probably unreasonable. A consultant, contractor, or self-employed entrepreneur making that money for a one-off job may not be unreasonable.
Scenario 1:
Make a product in a month and sell it online. Assume you make $60,000 dollars over 2 years, performing only minor maintenance tasks occasionally.
One way to look at it: That's $2,500 per month in income.
Another way: That's $60,000 for one month of work.
Scenario 2:
Perform a large task for a company charging them $12,000 and promising to deliver it in a month. Depending on the work being delivered, that's not necessarily an unreasonable cost.
One way to look at it: That's paying $12,000 for $12,000 in value
Another way: That's approximately a rate of $75 per hour.
--
A company paying an employee $12,000 every month for developing software is probably unreasonable. A consultant, contractor, or self-employed entrepreneur making that money for a one-off job may not be unreasonable.