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[infinitabs-blog]

everything

[infinitabs-blog]

“ A Big Hang-Over If you dream alone, it’s just a dream. If you dream together, it’s a reality. — Brasilian folk song Life on this planet isn’t as agreeable as it could be. Something obviously went wrong on spaceship Earth, but what? Maybe a fundamental mistake when nature (or whoever it was) came up with the idea “Man.” Why should an animal walk on two feet and start thinking? It seems we haven’t got much of a choice about that, though; we’ve got to cope with this error of nature, with ourselves. Mistakes are made in order to learn from them. “

[infinitabs-blog]

“Expenses for a fulltime employee Currently the yearly wage of a software engineer here in Berlin is around 50k EUR gross, seniors earning around 10k more. This is what the employee will receive gross, minus tax and insurances. The employer has his own share that he needs to pay in addition. That would be around 21% on top.

Let’s assume a yearly salary of 55k EUR for the employee, the employer would have to pay:

55.000 EUR * 1.21 = 66.550 EUR Plus all the extras:

desk technical equipment training & personal development conference tickets office supplies like paper coffee Surely some also apply to freelancers if they work at the customer site.

Equivilent daily and hourly rates To compare a bit better let’s calculate the equivilent daily and hourly rate.

Working days per year in Germany:

total days per year:        365 Saturdays per year:          52 Sundays per year:            52 Public holidays:             10 Vacation days:               25 Sickleave:                    5

Total working days:         221 So the daily rate would be:

66.550 EUR / 221 days ~ 300 EUR/day If we have 8 daily working hours we get an hourly rate of:

300 EUR/day / 8 hours/day = 37.50 EUR/hour “But freelancers charge way more than that!”

That is true, and they do it for a good reason. This is an hourly rate of someone working productively for 8 hours EVERY day! Generating value for the company every minute he or she is at work. We all know that this is not the case.”