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Joined: Aug 2004
Posts: 186
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(but I can guarantee you that the employee making $20 per hour IS NOT making $45 for his employer)
How can you go ahead and state such, with out having a clue as to what a boss is charging for him man hours! i work in jersey and i can assure you there are employers out there making that! Welcome to jersey over priced over worked and under paid!
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Joined: Feb 2004
Posts: 494
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here is a job offer we got today..you think these guys arent getting top dollar?
The following are the details of this assignment:
Job Site: Manhattan, NY
Assignment Duties: Your scope of services may include, but is not limited to, providing and/or performing Electrical Turnover Coordination and assisting the Lead Electrical Startup Engineer for initial startup and operation of the Project. The clients authorized manager will provide work schedule and daily assignments.
Assignment Start Date and Duration: Your assignment is expected to begin on September 21st, 2004 through October 19th, 2004. This is subject to modification by the client. Your assignment is anticipated to have a total duration of approximately 4 weeks at 50 hours per week for as total of 200 hours. Your assignment is “at will” and can be shortened or terminated at any time for any reason. The duration of the assignment may be extended at the client’s request.
Pay Rates: Straight Time: $26.00 per hour Non Billable Per Diem $8.00 per hour Per Diem $175 per day
Note: You will be paid at the straight time rate for all hours worked.
Mobilization/Demobilization: Travel expenses and travel time each way (not to exceed 8 hrs/day for one (1) day) may be reimbursed for mobilization from your point of origin to the site and demobilization to your original point of origin () . Travel expenses include $0.36 per mile, lodging, tolls and meals (up to $35.00 per day, with receipts). Expenses will be reimbursed with the weekly payroll.
not a bad deal..but wage is low
mustang
[This message has been edited by mustangelectric (edited 09-20-2004).]
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Joined: Sep 2004
Posts: 138
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$26 in Manhattan? Seems way low. I guess, there's always someone willing to do it cheaper.
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Joined: Feb 2004
Posts: 494
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roy, thats $34 but it should be about $38
-regards
mustang
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Joined: Jan 2003
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Where does this making $45 for the company if the employee is getting $20 come from?
$20 Then add employee direct cost for tax and benies. now you have $38 your actual cost for the employee each hour, now add the overhead of $26 per hr. and that is for bare min operating. , now we have $61 still no profit yet, so if we add $6.00 to it then we can ask $70 per hour with O'Boy $6.00 profit per hour, Wow let me plan my vacation for a round the world trip. Oh, if for any reason this employee works for less then 5.5 hours that day, then there is no profit and we end up paying for the lost time. If the employer is making $45 an hour he must be charging at least $110 an hour, which may be the case, we can't get $110 in this area.
[This message has been edited by LK (edited 09-20-2004).]
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Joined: Sep 2004
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Thanks mustang. I must be a negative person, only seeing the smallest amount.
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Joined: Feb 2004
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hey i did not say what the employer was doing with that..
go to enr and look a the top 100 elect contracting firms in the nation...how do you think they get all that cash? off parts? some of it..but BILLABLE HOURS is where the cash flow is..
sorry
mustang
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HCE727
Delaware County, PA, USA
Posts: 187
Joined: November 2005
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