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Ask HN: Is contracting full time a good career path?

4 pointsby r3voover 5 years ago
Hi HN,<p>I&#x27;ve been a contract web developer for a full year now after two years of salaried work.<p>I work in the Atlanta area, and am making $77&#x2F;hr at a great company here. I always get 40 hours of work a week, so I should come out somewhere around $160k at the end of the year. This sort of money is unheard of here, the absolute best money I&#x27;ve seen for a full time developer role here is probably $120k.<p>It seems to me like I&#x27;m getting an extremely good deal, but I have a sinking feeling that I am missing something. Most guys my age are doing regular salary work for half the pay. I can&#x27;t see what justification there is for doing this.<p>Am I missing something by not committing to a company? I don&#x27;t think I necessarily have the interpersonal&#x2F; office politics skill to get into some executive role at this time, and I don&#x27;t see why I can&#x27;t do that down the road.<p>Can anyone here argue for a salaried job in my situation? I feel like I&#x27;m missing something.<p>Thanks for any feedback you can give me!

2 comments

JMTQp8lwXLover 5 years ago
When you&#x27;re employed by someone else, they&#x27;ll cover their half of FICA taxes (6.2% each), offer health insurance, HSA contributions. It might be possible in Atlanta to secure a compensation package that includes RSUs or access to an ESPP plan.<p>I&#x27;m not sure if you are covering both halves of FICA or not, but the above benefits could explain the difference, e.g., $120k + benefits = $160k.<p>Financials aside: If you&#x27;re the type of person that likes switching companies once every 12 to 18 months, contracting could be a good fit. In my personal view, to really master a role, you need to be in it longer than that. It takes a junior engineer a couple years to become mid-level; the same for mid-level, to senior, and so forth.
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gshdgover 5 years ago
Make sure you’re building your professional network. It’s harder to do that without colleagues.