Search found 646 matches

by N10sive
Fri Jun 05, 2020 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Hourly rates with a Vendor/Contract type work
Replies: 42
Views: 1502

Re: Hourly rates with a Vendor/Contract type work

In relation to my original post Pete3’s description aligns with my position. I am staff augmentation. I am hired for my expertise and do work an FTE doesn’t have time to do. I am expected to have that expertise and apply my skill set to any request my manager asks. It blurs the line of being an FTE ...
by N10sive
Thu Jun 04, 2020 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: Hourly rates with a Vendor/Contract type work
Replies: 42
Views: 1502

Re: Hourly rates with a Vendor/Contract type work

it is whatever you negotiate. not sure what is the point of asking the forum.. if you have weak negotiation position (on visa hook and scared to death of job loss ,whatever), then you get paid your 50k and the consulting company (aka sweatshop) enjoys their profit if you have strong negotiation pos...
by N10sive
Thu Jun 04, 2020 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Hourly rates with a Vendor/Contract type work
Replies: 42
Views: 1502

Re: Hourly rates with a Vendor/Contract type work

You make $65/hr, but only charge $110/hr? That is a pretty poor margin for the company. In engineering consulting, a typical goal multiplier (10% profit) is somewhere around 2.7-3.0. Someone making $65/hr as a W2 employee typically charges around $180/hr. If you are 100% billable, then that margin ...
by N10sive
Thu Jun 04, 2020 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Hourly rates with a Vendor/Contract type work
Replies: 42
Views: 1502

Re: Hourly rates with a Vendor/Contract type work

Edit: I saw the OP's reply to another post so I wanted to clarify - the above numbers are 1099 pass through rates, no benefits. Any benefits would be taken out ON TOP OF the vendor cuts mentioned. W2 versus 1099 doesn't really matter, just calculate how much the vendor has to pay on your behalf for...
by N10sive
Thu Jun 04, 2020 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Hourly rates with a Vendor/Contract type work
Replies: 42
Views: 1502

Re: Hourly rates with a Vendor/Contract type work

I also get 4 weeks paid vacation. So effectively they make 30/hr off me.
by N10sive
Thu Jun 04, 2020 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Hourly rates with a Vendor/Contract type work
Replies: 42
Views: 1502

Re: Hourly rates with a Vendor/Contract type work

They do have a majority of the vendor contracts with the company. They do treat us mostly well and have better perks than most other vendor companies I have talked to. I need to see my contract renewal, it tends to be auto renewed. Coming up on 1.5 years is why I am thinking of asking for a raise, ...
by N10sive
Thu Jun 04, 2020 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Hourly rates with a Vendor/Contract type work
Replies: 42
Views: 1502

Re: Hourly rates with a Vendor/Contract type work

Edit: I saw the OP's reply to another post so I wanted to clarify - the above numbers are 1099 pass through rates, no benefits. Any benefits would be taken out ON TOP OF the vendor cuts mentioned. W2 versus 1099 doesn't really matter, just calculate how much the vendor has to pay on your behalf for...
by N10sive
Thu Jun 04, 2020 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Hourly rates with a Vendor/Contract type work
Replies: 42
Views: 1502

Re: Hourly rates with a Vendor/Contract type work

It also depends on the relationship - does the vendor have a lock on the contract with the company? Where I work any vendor can bid on resource staffing contracts. That means as a contractor you can pick which company you want to represent you for any open positions. New contractors often get taken...
by N10sive
Thu Jun 04, 2020 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Hourly rates with a Vendor/Contract type work
Replies: 42
Views: 1502

Re: Hourly rates with a Vendor/Contract type work

OP, It is all dependent on how well do you negotiate. I had seen times when the contracting company take a flat $20 to 30 per hour charge at the $110 per hour range. So, your number probably should be about $80 per hour. At the lower end of hourly rate, it is a percentage. At the $100 per hour or h...
by N10sive
Thu Jun 04, 2020 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Hourly rates with a Vendor/Contract type work
Replies: 42
Views: 1502

Re: Hourly rates with a Vendor/Contract type work

Depends on a number of factors… Taking a stab in the dark to give you a response… $30-45. Wow that is low. I expect 20k to account for health benefits and social security payments. So that takes it to 100/hr. Then hr, payroll, business development to keep my role etc. I also get about 1k in HSA fun...
by N10sive
Thu Jun 04, 2020 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Hourly rates with a Vendor/Contract type work
Replies: 42
Views: 1502

Hourly rates with a Vendor/Contract type work

Hello, I hope someone can help with a question I have regarding hourly rate working for a Vendor that contracts to a company. My vendor I see charges an hourly rate to the company I work for at $110 an hour. I am a w2 employee for the vendor. I get paid all health benefits. What do you think is a re...
by N10sive
Fri May 22, 2020 7:21 pm
Forum: Personal Consumer Issues
Topic: Trip Cancelled-No Trip Insurance
Replies: 27
Views: 3024

Re: Trip Cancelled-No Trip Insurance

Bumping this again as terms were offered as half credit for next year while having to make up the rest making the trip even more expensive. I am having a hard time knowing If force majeure is a good enough stand for the company? If I file a cc chargeback for services not rendered will the cc not car...
by N10sive
Tue Apr 28, 2020 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Expert Consultant: $110 / hr??
Replies: 70
Views: 6539

Re: Expert Consultant: $110 / hr??

Even when I was unemployed, my contract for this kind of short-term work is $100 per hour and a minimum $2,000. It requires a $1,000 upfront payment before I start. KlangFool I guess when you were unemployed you hired cooks, cleaners and chauffeurs since all that can be had for less than $100/hour ...
by N10sive
Fri Apr 03, 2020 12:52 pm
Forum: Personal Investments
Topic: Roth IRA questions - cash and five year rule
Replies: 10
Views: 745

Re: Roth IRA questions - cash and five year rule

WoodSpinner wrote:
Fri Apr 03, 2020 9:53 am
OP,

In addition, you should have till July 15th this year due to the special rules in effect for 2019 Tax Return filling dates.

WoodSpinner
Where can I find this is accurate?

Thanks.
by N10sive
Thu Apr 02, 2020 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Sell Stock to Payoff Credit Card Debt
Replies: 34
Views: 989

Re: Sell Stock to Payoff Credit Card Debt

When did he buy the MFST stock? It’s gone up quite a bit over the past two years.....
by N10sive
Tue Mar 31, 2020 10:58 pm
Forum: Personal Consumer Issues
Topic: Trip Cancelled-No Trip Insurance
Replies: 27
Views: 3024

Re: Trip Cancelled-No Trip Insurance

So would say a guided kayak tour or guided Bike tour or guided ski tour etc be considered a “service”?
by N10sive
Sun Mar 29, 2020 7:23 pm
Forum: Personal Consumer Issues
Topic: Trip Cancelled-No Trip Insurance
Replies: 27
Views: 3024

Re: Trip Cancelled-No Trip Insurance

GerryL wrote:
Sun Mar 29, 2020 6:44 pm
OP,
Is the travel company still advertising and booking future travel?
It isn’t a travel company but a guide/touring company. They operate seasonally as far as I know.

Most likely they are looking for people to reserve for next year or in a month. I paid for this trip in May of last year.
by N10sive
Sun Mar 29, 2020 6:15 pm
Forum: Personal Consumer Issues
Topic: Trip Cancelled-No Trip Insurance
Replies: 27
Views: 3024

Re: Trip Cancelled-No Trip Insurance

If the provider cancelled the trip they have no right to your money and owe you a refund as they did not deliver what was promised. Cheers Not if they're bankrupt and don't have the money. At that point you're just a creditor and will likely get nothing. If this was paid by credit card, the card me...
by N10sive
Sun Mar 29, 2020 1:51 pm
Forum: Personal Consumer Issues
Topic: Trip Cancelled-No Trip Insurance
Replies: 27
Views: 3024

Re: Trip Cancelled-No Trip Insurance

...and only mention force majuere when it comes to traveling. Thanks, N10sive Not sure exactly what you mean here, but the current situation certainly fits the definition of force majuere. I think the best you can hope for is a future credit. The company probably spent your money awhile ago. It was...
by N10sive
Sat Mar 28, 2020 11:36 pm
Forum: Personal Consumer Issues
Topic: Trip Cancelled-No Trip Insurance
Replies: 27
Views: 3024

Re: Trip Cancelled-No Trip Insurance

[quote="Silk McCue" post_id=5141409 time=<a href="tel:1585422561">1585422561</a> user_id=107288] If the provider cancelled the trip they have no right to your money and owe you a refund as they did not deliver what was promised. Cheers Not if they're bankrupt and don't have the money. At that point...
by N10sive
Sat Mar 28, 2020 2:03 pm
Forum: Personal Consumer Issues
Topic: Trip Cancelled-No Trip Insurance
Replies: 27
Views: 3024

Trip Cancelled-No Trip Insurance

Hello, I had a trip planned in April and it was cancelled this week by the outfit. This kind of trip you pay in full a year ahead. We are currently waiting on the outcome of the outfit whether a refund or credit will be given. We have a feeling that we won't get a full refund and we don't think even...
by N10sive
Wed Mar 25, 2020 10:23 am
Forum: Personal Consumer Issues
Topic: Anyone have success buying something to prevent Sleep apnea/COPD?
Replies: 11
Views: 664

Re: Anyone have success buying something to prevent Sleep apnea/COPD?

A custom mouth guard might be a good solution. Although it will depend on the severity of sleep apnea. The guard essentially makes you have an underbite allowing your airway to stay open. There is also another invasive option you can search on the web that sends shocks to activate muscles but it is ...
by N10sive
Fri Oct 18, 2019 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: I bought a STOLEN vehicle!!!
Replies: 106
Views: 16277

Re: I bought a STOLEN vehicle!!!

You used carfax? Doesn't carfax have a warranty for purchasing vehicles? Or is it just if its a lemon or been in an accident? That would be something I would look into. Even if Carfax had a warranty, the OP searched a specific vin # and then bought a different vehicle. The car purchased was not the...
by N10sive
Fri Oct 18, 2019 1:30 pm
Forum: Personal Investments
Topic: Rollover 401k into Current Vanguard plan
Replies: 8
Views: 448

Re: Rollover 401k into Current Vanguard plan

The main disadvantage of rolling to an ira is losing the ability to do backdoor Roth’s should your income increase in the future. You also lose some creditor protection. If the fees are low, there is nothing wrong with leaving it in the old 401k. A couple weeks out of the market over a 60 year time...
by N10sive
Fri Oct 18, 2019 11:54 am
Forum: Personal Finance (Not Investing)
Topic: I bought a STOLEN vehicle!!!
Replies: 106
Views: 16277

Re: I bought a STOLEN vehicle!!!

You used carfax? Doesn't carfax have a warranty for purchasing vehicles? Or is it just if its a lemon or been in an accident?

That would be something I would look into.
by N10sive
Fri Oct 18, 2019 11:48 am
Forum: Personal Investments
Topic: Rollover 401k into Current Vanguard plan
Replies: 8
Views: 448

Rollover 401k into Current Vanguard plan

I just called to get my old 401k plan rolled over into my new 401k plan at vanguard. They told me I had to get a check and then send it to them after all paperwork is filled out. Is Vanguard old school like this? The last time I rolled over a plan it was done all over the phone, simple and easy. Doi...
by N10sive
Thu Jun 06, 2019 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: Disability insurance Seperate from Company
Replies: 6
Views: 516

Re: Disability insurance Seperate from Company

Supplemental individual disability insurance (IDI), purchased as an individual in addition to corporate-provided long-term disability (LTD) does NOT count against any of the work-provided benefits. Instead, benefits are "stacked". LTD offsets for things like Workers' Comp or Social Security DI paym...
by N10sive
Thu Jun 06, 2019 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Disability insurance Seperate from Company
Replies: 6
Views: 516

Re: Disability insurance Seperate from Company

The rule of thumb is that you need roughly 75% to 80% of your pre-disability gross income replaced. This, of course, can vary from individual to individual -- what is your age, your stage of life, do you have kids you want to send to college, have you completely funded your retirement? The amount o...
by N10sive
Tue Jun 04, 2019 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Paying half of my paycheck on health insurance?
Replies: 63
Views: 5101

Re: Paying half of my paycheck on health insurance?

I would look directly at an insurer like kaiser, blue shield etc. You could probably get a plan for less than $400 per month. The deductible maybe higher though. You should be fine being younger unless you have medical issues.
by N10sive
Tue Jun 04, 2019 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Disability insurance Seperate from Company
Replies: 6
Views: 516

Disability insurance Seperate from Company

Hello, as I disband from my NWM agent I am looking at disability insurance to purchase through guardian etc. I currently have a work plan that covers 60% of my salary. As I understand and have read, this amount is reduced based on other income sources. It is also taxable compared to a personal plan....
by N10sive
Tue Apr 23, 2019 2:51 pm
Forum: Personal Consumer Issues
Topic: Who is buying 1-3 year old used Toyotas and Hondas?
Replies: 114
Views: 13329

Re: Who is buying 1-3 year old used Toyotas and Hondas?

CarMax also isn’t a good metric. They tend to have higher prices than other dealerships.

At least with a 1-3 year old car as long as it’s not a lemon it will pry come with a CPO warranty which adds some value. Albeit with Toyota and Honda I wouldn’t worry too much about that.
by N10sive
Sat Apr 06, 2019 12:00 pm
Forum: Personal Investments
Topic: 32 Y/O 3 Year Update + Huge Thanks!
Replies: 2
Views: 595

Re: 32 Y/O 3 Year Update + Huge Thanks!

Why not reduce your emergency fund to 6 months? Or at you still getting the SL interested deduction(only if married filing jointly).That puts your student loan at 14k and then you can pay that off with your RSU once you sell. Since your earning less than 2% in you EF. 6 months should be good unless ...
by N10sive
Sun Mar 31, 2019 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Healthcare Advice
Replies: 30
Views: 4221

Re: Laid off/Health care?

Depending on your age and if you have dependents I.e if your single and relatively young purchasing health insurance directly from the company maybe cheaper depending on the plan.
by N10sive
Thu Mar 21, 2019 7:03 pm
Forum: Personal Consumer Issues
Topic: Do you still wear a necktie to work?
Replies: 108
Views: 6266

Re: Do you still wear a necktie to work?

[quote=A440 post_id=4448923 time=<a href="tel:1553210920">1553210920</a> user_id=47171] For many years (20 or more) I wore a necktie to work everyday. Now, it seems as though the fashion trend is to not wear a necktie, even with a suit or sport coat. I don't follow most fashion trends (much to the ...
by N10sive
Tue Jan 29, 2019 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Using your HSA "correctly"
Replies: 13
Views: 1156

Re: Using your HSA "correctly"

Question for everyone: assuming you have significant medical expenses now, does it really matter whether you use those pre-tax dollars today or save them for the future? I understand the allure of letting those HSA funds grow tax-free, but if I take those reimbursement checks from my HSA and invest...
by N10sive
Tue Jan 29, 2019 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Using your HSA "correctly"
Replies: 13
Views: 1156

Re: Using your HSA "correctly"

If you plan to use it as a retirement account or to pay for medical expenses in retirement and have the cash flow it is wiser to pay out of pocket.

I believe also you can claim refunds later on if you keep receipts etc. Therefore your HSA has time to grow.
by N10sive
Mon Jan 28, 2019 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: $500k, 5-bed house -- Can he really afford it and what to do?
Replies: 30
Views: 2868

Re: $500k, 5-bed house -- Can he really afford it and what to do?

He should just rent out the rooms and not do airbnb. I recently stayed with a group in a large house where the owner actually lived there and had to go down the stairs to get to the front door which was the living quarters that we rented. It was weird to say the least.
by N10sive
Tue Jan 08, 2019 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: 401k Withdrawal to pay debt or keep hacking away
Replies: 13
Views: 869

Re: 401k Withdrawal to pay debt or keep hacking away

I guess I will stop retirement contributions. N10sive, You should contribute enough to get the employer match. KlangFool Unfortunately I have no employer match at my current company. I actually have never had an employer match. Perhaps the family member that you assisted is now in a position to hel...
by N10sive
Tue Jan 08, 2019 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: 401k Withdrawal to pay debt or keep hacking away
Replies: 13
Views: 869

Re: 401k Withdrawal to pay debt or keep hacking away

You really need to examine how you are spending your money. Until you fix that, you will always have a problem. I have reduced my spending and expenses a lot to less than 2.5k a month with 1.8k going to rent/utilities, but I haven't always had a six figure salary only most recently. Splitting my re...
by N10sive
Tue Jan 08, 2019 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: 401k Withdrawal to pay debt or keep hacking away
Replies: 13
Views: 869

401k Withdrawal to pay debt or keep hacking away

I have read many threads about using a 401k withdrawal with most saying not to do it. Over the last 1.5 years I have paid around 20k of debt off while also saving ~10k in retirement accounts. Currently all CC debt is at 0% until late 2019 and into 2020, my credit score is around 750. I can keep doin...
by N10sive
Fri Jan 04, 2019 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Recent Engineering College Graduate can’t get job interviews, needs advice
Replies: 149
Views: 14200

Re: Recent Engineering College Graduate can’t get job interviews, needs advice

As others have said don't list the overall GPA. If has a decent GPA in the field of study then you could possibly put that. Other ways is networking. I found my first job through a classmate which was first a lower position but has grown into a regular role and most recently I was hired at a megacor...
by N10sive
Wed Dec 19, 2018 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off auto loan?
Replies: 10
Views: 1056

Re: Pay off auto loan?

Are you contributing to a roth IRA? If you are how much is in that? If enough you could treat that as your emergency fund for the time being and using what you have saved or a portion of it to pay off the car loan. You can think of it as tiered emergency savings however if you did some of the monies...
by N10sive
Thu Dec 13, 2018 4:53 pm
Forum: Personal Consumer Issues
Topic: Old Windows 8 PC and Windows Defender
Replies: 16
Views: 1085

Re: Old Windows 8 PC and Windows Defender

Mainstream support for windows 8.1 ends January 9, 2019 as an FYI, extended support ends January 10th 2023
by N10sive
Mon Dec 10, 2018 1:27 pm
Forum: Personal Consumer Issues
Topic: portable jump starters
Replies: 72
Views: 7128

Re: portable jump starters

The noco brand has been a popular item for one of my car forums I frequent. Amazon did have it for $69 but has since gone up to $79 from $125. I've used a different brand with success. You just need to make sure the battery your buying has the capability to jump start your car. Plus keeping it fully...
by N10sive
Fri Dec 07, 2018 2:47 pm
Forum: Personal Investments
Topic: 30 years old, 250k portfolio allocation?
Replies: 17
Views: 2716

Re: 30 years old, 250k portfolio allocation?

Regarding allocation stock/bonds I like to look at this page from vanguard.

https://personal.vanguard.com/us/insigh ... ns?lang=en
by N10sive
Fri Dec 07, 2018 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Auto refinance
Replies: 12
Views: 674

Re: Auto refinance

Even if you get 2.2%, that's like $5 a month savings. Is that worth the hassle​? OP could also extend the refinance to a longer date. That will lower payment if OP wanted to put more into investments etc. Though $7400 doesn't seem worth the hassle. Unless its a cash flow issue. OP your best bet is ...
by N10sive
Thu Dec 06, 2018 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: What to negotiate in offers
Replies: 45
Views: 3598

Re: What to negotiate in offers

2. Company offers 3 medical plans which consist of 2 HMO and 1 PPO. The PPO plan they offer is equivalent to current company plan however is $11K more annually. HMO plans would require a change of all our doctors as they are not covered. To me this is important as we just had our first kid and real...
by N10sive
Tue Dec 04, 2018 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: What to negotiate in offers
Replies: 45
Views: 3598

Re: What to negotiate in offers

The only real leverage I think you have is the pension. Depending on that you could negotiate a sign on bonus or perhaps the 10k bump in salary. That would be the only thing Id tried to negotiate. OTOH maybe this company pays higher salary in lieu of worse benefits? While it sounds like a no brainer...
by N10sive
Mon Dec 03, 2018 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Do you get a year end bonus?
Replies: 78
Views: 5874

Re: Do you get a year end bonus?

My first engineering job out of college, I received a $500 dollar bonus after tax. This was mainly because we moved 1,000 miles away, was paid under market, was a startup, etc. I've never seen a bonus since. Although my next job will most likely have a bonus structure. There were always other perks ...
by N10sive
Fri Nov 30, 2018 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: To jump or stay in current company
Replies: 14
Views: 1051

Re: To jump or stay in current company

I would stay until you know who is laid off. In that time I would try to be picked more or less as part of the 10% while updating your resume, networking, and looking for other jobs.

If you are not picked I would still look for another job. Who knows if there will be more layoffs.