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Show HN: Fractional jobs – part-time roles for engineers

fractionaljobs.io

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Re: Show HN: Fractional jobs – part-time roles for engineers

#91
post #16
post #4

I realize I should probably comment links to some of the better engineering roles we're currently featuring right now. BTW I should also note we don't take a % commission like Upwork, Toptal, etc. So if you get hired you'd work with the company directly and get paid by them direct. Fractional CTO @ A Consumer Healthtech Marketplace 20 - 40 hrs | $175 - $200 / hr | Remote (USA only) https://www.fractionaljobs.io/jobs/…

These prices seem very low.

That was my thought too. General rule of thumb for independent contracting is that you should take the annual salary you would normally make and chop off the zeroes to get the hourly rate. So 150K/yr becomes $150/hr. That’s about double the yearly salary and pays for your increased costs (payroll tax, healthcare, retirement, vacation) as well as your bench time between jobs.

Additionally, the going rate for an interim CTO was about $50K/month last time I checked, which doesn’t get you 40 hrs / week, so is north of $600/hr.

Re: Show HN: Fractional jobs – part-time roles for engineers

#92
post #87

Earlier quoted context omitted.

No that's not to do with benefits, I'm rounding up to 2100 for easier mental math. The benefits calculation is a more complicated one and I've never met any two contractors who calculate it the same.

Yeah but the details don't matter when you say "full time equivilant". Just health insurance alone will be far far far more than you are allowing. Then there's all the tax implications. Like, if you said 2500x I might consider beleiving you. 3000x I'd probably believe you.

Every contractor already knows all this. And those who don't learn quick.

I'm not clear what you're arguing here.

When I evaluate an hourly rate, I multiply by 2100 and ask myself if this is a reasonable salary & benefits total package.

So if my rate is $125 an hour, that comes to $263k, which is a base salary of around $200k plus healthcare, self-employment taxes and sick/vacation time, etc. Now my healthcare costs might be lower than others and I don't factor in retirement because I work primarily for startups, but again this is why each contractor calculates differently.

I wouldn't multiply it by more hours if it was insufficient, I would just raise my rate.

Re: Show HN: Fractional jobs – part-time roles for engineers

#93
post #78

Earlier quoted context omitted.

OK, sure, the comment will remain flagged, killed and collapsed.

Off-topic: wouldn't not reinstating an edited comment disincdntivize the idea to correct and fix their behavior?

Sure, but that commenter didn’t correct or fix their behavior at all. We happily reverse flags or bans when people change their behavior. That’s always a good outcome.

Re: Show HN: Fractional jobs – part-time roles for engineers

#95
post #62

Earlier quoted context omitted.

With the outsourcing I'm seeing, we already are. I feel this is and even bigger factor than AI in the terrible tech market right now, only really behind zirp.

Global software dev, off-shoring, and out-sourcing have been going strong for decades. The tech market was extraordinarily strong for most of that time.

Like I said, second to ZIRP. The offshoring options now are greater than they have been in the past.

Re: Show HN: Fractional jobs – part-time roles for engineers

#97
post #14

Screw part time. The whole economy is moving towards part time, gig work, etc and it's terrible for most employees who need good wages and benefits.

Part time work is a godsend for those of us with kids, it might not fit in with your life situation, but for lots of us it does.

Many with kids need full time for the benfits.

Re: Show HN: Fractional jobs – part-time roles for engineers

#98
post #81

Genuinely curious: do you all think that a fractional position would work for a sales / sales engineering type role? Considering pursuing a PhD but would love to be able to continue to utilize this skillset

Fractional sales and GTM is huge right now

Where would you recommend looking for roles like this?

Re: Show HN: Fractional jobs – part-time roles for engineers

#99
The idea of fractional jobs implying you need to work on multiple jobs at a time probably makes sense.

I like the idea of part time but feel like just keeping up with technology is already such a lot of work you can't ever be useful working 2 or 3 days per week for the rest of your career.

Re: Show HN: Fractional jobs – part-time roles for engineers

#100

I think there's an interesting market here. I know a couple moms who were exceptional FAANG level engineers who were willing to take huge pay cuts to go part time. They wanted to keep working but have enough time for their family. I'm also aware of someone who made a lot of money in tech and doesn't really need to work but wants to stay in the game. They have told me they'd take a lot less money than they were making…

Yes. For someone who’s already financially comfortable, it’s nice to be able to stay in the game, keep working with great people, and make some money without having to deal with burnout.

Lots of people in tech like their jobs; they just like other things too. Personally I don’t know why I would want to stop working completely. It sounds boring. I love to build. Why ever stop?

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