This tidbit suggests to me that it might be useful to delineate between the two archetypal tech contractors:
1. Less experienced workers who are having trouble breaking into FTE world. They have to work through agencies (who take the other 75%, which is perhaps high but not by much).
2. Experienced engineers who maybe have niche expertise or just a strong track record.
When you talk about FAANG comparisons, I think you’re mostly talking about the latter group.
There are gains for the employers potentially. But these folks also tend to have more bargaining power. At a certain point, working for a “cool company” may not be all that exciting. Instead, they just want to consult.
(Also, I think other have made good comments re:benefits.)
This tidbit suggests to me that it might be useful to delineate between the two archetypal tech contractors:
1. Less experienced workers who are having trouble breaking into FTE world. They have to work through agencies (who take the other 75%, which is perhaps high but not by much).
2. Experienced engineers who maybe have niche expertise or just a strong track record.
When you talk about FAANG comparisons, I think you’re mostly talking about the latter group.
There are gains for the employers potentially. But these folks also tend to have more bargaining power. At a certain point, working for a “cool company” may not be all that exciting. Instead, they just want to consult.
(Also, I think other have made good comments re:benefits.)