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Joined 1 year ago
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Cake day: August 5th, 2023

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  • Alright team, I’m bringing the opposite opinion to this thread. Bring your pitchforks.

    Two things :

    1. Hanlon’s razor. Consultants are not mensa candidates. They are ordinary people who sometimes do a shit job.

    2. Complexity. Each state has its own wildly complex eligibility and availability rules. Each insurer within each state, equally so. As much as this article shits on Deloitte for having 20+ state contracts, that doesn’t mean 1 common platform / common solution. People within the fediverse - being somewhat more tech inclined - should have some empathy for this

    I hate Deloitte as much as the next guy, but why no hatred for the politicians (or special interest groups comprised of insurers) that wrote opaque state-based legislation? Speaking of insurers, why no hate for them? Whether private or public - they literally have a vested interest in denying coverage…

    If we are going to throw stones, let’s find the right villain.





  • Hi hi. Engineer here that has moonlit in the past using incorporated entities.

    First, I agree with the other commenter that your existing wage appears low. Better market understanding would be good here.

    Second, a good ‘rule of thumb’ for your indirect expenses (rrsp, cra, ei, insurance) is 35% on top of a full time salary. So, if your salary today is 78, your indirect expenses (which your employer currently bears) takes that up to 105.3k. Add your incorporation costs, annual filings (including unaudited statements), and setup costs (IT equipment, payroll, etc.) that’s going to take you to 110/115. Don’t forget that you will be over HST reporting minimums so you will need to register, collect, and remit GST / provincial sales tax.

    A guaranteed 150 for 12 months seems to make financial sense, just consider whether you can build a pipeline of later work (with your enhanced skillset) during that time.

    Hope that helps.