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What about benefits? Did you still have them? Billing hourly doesn't usually include benefits like healthcare and thus isn't as profitable as it may appear.

Btw I learned from a high-up exec at a consulting firm that they make a good chunk of their money from the hours you work above 40. In his words: "that is pure profit"...because like you said, you only get paid for 40 as full-time employee. The consulting firm, though, bills by the hour.



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