But don`t worry, we`re here to guide you through the ins and outs of working as a computer engineer. In this article, we will cover the pros and cons of working in the private sector and government contractors (including salary) so that you can make the best decision for your career. Salaries for government contractors in the United States range from $13,019 to $349,254 with an average salary of $63,178. The 57% of local government entrepreneurs earn between $63,179 and $158,367, while the richest 86% earn between $349,254. These tiny differences between contractual and non-contractual roles can make a big difference when it comes to total compensation in software development. Glassdoor.com shows that federal government managers earn between $95,000 and $173,000 per year, which is slightly lower than similar positions in the private sector, particularly among private senior software engineers who earn between $121,195 and $169,170. Federal software engineers themselves earn an average of $82,300 per year, more than $17,000 less than similar positions in the private sector. If you plan to follow the path of the entrepreneur, it`s important to consider things like taxes and extra work on your end. If you want to get a payment that matches a paid position, your billing rate should be close to 2 times an employee`s hourly rate.
Stay competitive with the world`s most innovative compensation software solution. A freelancer is a type of independent contractor who takes on several small projects. This is different from the standard independent contractor who works primarily for a single client. Instead, these people are usually part of a staff increase rather than being the sole contributor to a project or company. .