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I transitioned from full-time employment to contracting in April 2022. I am currently over-employed and working two gigs simultaneously. All leads have come fr
by piercebot 4y ago
I transitioned from full-time employment to contracting in April 2022. I am currently over-employed and working two gigs simultaneously.
All leads have come from my personal network or my reputation as a known entity in a relatively niche field.
Only trouble I've had is invoice approval and waiting for money to be moved, but it has always eventually come through.
Cashflow remains equivalent to when I was an FTE, but I'm working fewer hours per day and working on more interesting things. A lot of that has to do with transitioning out of management, I think. I don't miss it :)
- maxnevermind 4y agoCan you elaborate. So you are working two supposedly full-time jobs but in reality working less than 8 hours in total, is that right?
- piercebot 4y agoSure! For the first job, I bill hourly for the time I spend working. Here, I develop web applications to validate machine learning models for a company; I help organize results in a way that allows ML engineers to easily "spot check" the results of ML runs on data through a web interface. The second job I have is in the "web3" space developing applications that run on a specific blockchain in which I've specialized. Compensation here is based on milestones and paid out in cryptocurrency. In both cases, I am transparent about the progress I'm making and compensated accordingly. The hourly rate I charge as a contractor brings in an equivalent salary to what I had as a full-time employee in about 900 hours per year, which works out to be about 18/hours per week if you assume 2 weeks off.
- nowherebeen 4y agoNice to read something positive for once. Happy for you.