[quote=AN]
I thought you’re referring to individual contractor and not contracting firm. For contracting firm, I agree, it’s the same for my industry. I used to work for a contracting firm and we get paid around $45-50/hr and they’re charging the client $135/hr.[/quote]
There you go. $50 per hour/$135 per hour = 2.7. The person doing the work that the government paid $270K might have been earning $100K a year.