I hate to keep beating this horse, but let me give an example.
For the first 3 weeks of project A, I was the only one working on it, as shown on the project report.
My hourly rate is X. My billing rate for that client is 3.5 times my hourly rate for (3.5X). The average cost per hour is...
I think we are just going to have to agree to disagree. Ive seen the project reports for my projects so I know the multipiers for what I work on in regards to cost per hour and billing rate.
Maybe companies are different.
Since your basically quoting my figures, im assuming your talking about me. And your right, I dont know the full overhead involved in running a buisness.
But then explain to me the failure in my logic.
When the company can bill be out be at 2X my salary and make a profit, how can they not be...
I honestly dont think I am off that much. Consider it this way. I get paid .5X dollars a hour. Client A agrees to pay X dollars an hour for an Engineer. Client B agrees to pay 2X dollars an hour for an Engineer. (im withholding the actual numbers but the ratios are correct).
I am an...
Food for thought:
My company bills me out at about 2-3.5 times what they pay me. Assuming the overhead for my employment is half what they pay me, they make anywhere from 33% to 133% on me (assuming my projects come in at budget and not under-budget). If I come in under budget, they make even...
from whos perspective... management or the employee? ;)
And yea, I agree they are best for the work enviorment. But when your friend can show up to work in torn jeans, dancing to his Ipod while muncing on a donut at his desk... it does make me jealous.
Come work where my friend works if any of the above bothers you. These are the rules (not kidding):
No loud or excessive talking
No eating at desks (including snacks and sodas)
No music allowed (head phones and Ipods included)
No conference calls (or speakerphone calls)
No talking on the...
I would recommend an engineering degree for everyone. No one is the same after going through an engineering program. You grow up, become responsible, understand the world around, pick up a great many skills, develop time management, etc.
With that said, people need to realize that an actual...
@SomptingGuy - I have octophobia. There can never be too many 7's
Here is another #7 for you:
Management who wants you to do a certain task (be it CAD or computation via a program) but dont understand/know how to use that program and that what they are asking is impossible.
I had a much longer post, but decided my angry rant should not be posted.
1) My college did not teach me any of the fundamentals needed for Power Engineering. Apparently most colleges in the North East US do not.
2) My job has almost no engineering required in it. I have never once, nor...
Thank you for the input, however do understand that I have not chosen this location because its easier to install the equipment there.
The location was chosen out of necessity. Real estate is rather limited inside and outside this building, and we have several of these ATS which are going to...
We are doing a project for a factory which is a Class 1, Div 2 area.
We need to find a vendor who sells Automatic Transfer Switches in Explosion Proof Enclosures (NEMA 7). Does anyone know of such a product and the vendor who may sell it?
I plan on trying ASCO, but their sales rep says they...
Maybe its just me, but im having some issues wrapping my head around this.
I was told that in a resitive heater, if you decrease voltage, you increase current draw. However, I can not figure out how.
Say we have a 240 V heater, drawing 10 A, meaning its a 2400 Watt unit.
If we half the...
plasgears,
I dont have my PE, but most PEs I know dont like having it. They like the opportunities it opens, and the pay increase/recognition, but they really dislike the legally binding portion of it.
In fact they were telling me that if you put PE in a letter (such as in your name or...
Heavily populated areas as well. NYC Tri-State Area is booming as Utilites scramble to meet the new electrical/steam/gas demands. The advent of this "new nuclear age" is also causing the major companies to pull away from fossil plants leaving us little guys with a lot more work too.
Im electrical, so take this for whats it worth, but I graduated and made 55+ out of college (1 year ago). Of my friends, they got gov. jobs starting at 52K a year.
My mechanical friends arent making less then 55+ (out of college), but the only Mech's I knew were top of their class, so this may...
