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The company I work for has 9 employees. We are limiting our subcontractors' hours since we make much more money billing our own employees to contracts. They are upping my time on contracts significantly, since my salary was designed to come entirely out of overhead. We cut costs in August by giving up the lease on one of our then-three offices. Now we have two, and one is large but rarely used. If things get REALLY tight, we will give up the lease on either my smaller office (and move my files to the larger office) or give up the lease on the larger office.
There are only two employees in the company making under $120k a year. Everyone is paid under $100 an hour (not including the cost of benefits) but if all of their time is billable, we can bill them for anywhere from $130 an hour up to nearly $200 an hour. Making sure that everyone is working the maximum allowed on their projects is the best way to keep the company afloat.
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"Without passion man is a mere latent force and possibility, like the flint which awaits the shock of the iron before it can give forth its spark."
— Henri-Frédéric Amiel
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