this post was submitted on 06 Feb 2025
12 points (92.9% liked)
Melbourne
1954 readers
48 users here now
This community is a place created for the people of Melbourne and Victoria. We are a positive, welcoming and inclusive community. We might not agree about everything, but we always strive to stay civil and respectful.
The focus of our discussions is based around things that affect Victoria, but we are also free to discuss our local perspective on wider issues. Or head to the regular Daily Random Discussion thread to talk about anything.
Ongoing discussions, FAQs & Resources (still under construction)
Adoption Certificate for Nellie, the Daily Thread numbat (with thanks to @Catfish)
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I sometimes resent a little the disparity between what the clients pay for my services vs. my salary. Without exaggeration, I take home a little under 50% of what the client pays.
But at least I spent 0% of my time wondering about this. Plus I get paid leave (sick/holiday etc). I know my employer is still making a hefty profit, but I'm not sure I'd want to go the pure consulting route. Stories like this put me off. I would hurt my family if I had to routinely deal with chasing up the money.
The monthly revenue of the clients i manage is close to $400k. It stings when we don't get bonuses when my co-worker and I bring in 6 figure projects and don't get a bonus.
In my industry the norm is a salary which is around 1/3 of the fees you've brought into the business, so near 50% is pretty good!
I've been lucky to not encounter this issue too much yet. Some people are slower than the 14 days I ask for invoices to be paid but it's like an extra week or two, not several months.