This article was a waste of time without talking about was it worth the time over just being a salaried developer with benefits.
This article was a waste of time without talking about was it worth the time over just being a salaried developer with benefits.
Seems like I get paid less but...if you factor in all the additional time I USED to need getting ready for work, recovering from the 9-5 grind, commuting, I get paid about twice as much per hour as I used to.
Plus, the ability to work whenever I want, chill at home in bed if I want, do whatever the hell I want because the ONLY thing that matters is the final product, is worth its weight in gold. Besides, I stopped caring about making tons of money, and would rather use my young years for fun stuff.
The commonly accepted way around this is for those institutions to hire contractors, which is a business-to-business transaction for which no such price limits or management requirements exist.
I am Dutch, and indeed without working for meta-tier/booking.com-tier American firms you'll struggle to go above 80-100k for full time employment. Friends who went down the same path as wofo rake in 120-180k easily with a lot more free time (3-4 days/wk instead of 5) and fantastic flexibility.
My understanding was always that with freelancing you end up paying more taxes and insurance, especially if you want to cover your own pension (which has been included in all my employments except one).
Still, if you end up with comparable or higher earnings with less hours and more flexibility, still a win. I just don't think the difference is as big as you make it out to be.
Care to share more about your salary history and how you got there? I wish to move back to Spain but I would take a massive pay cut if I choose local jobs, so I am looking into freelancing.
Would you be ok with sending me the highlights privately? you can reach out at roesp2@hotmail.com
To a lesser extent if you work mainly for startups though.