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One thing to remember...no benefits..
No health insurance
No paid vacation
No sick pay
No pension
Self Employment taxes (that your employer normally pays)
etc.
So, 100K for them is NOT equal to a salary of 100K as an employee. All of the benefits that so many take for granted actually cost a LOT of money. Benefits alone could effectively reduce that by 20-30% or more.
[Edited by Camron Rust on Mar 22nd, 2004 at 04:27 PM]
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