this post was submitted on 16 Oct 2023
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FIRE (Financial Independence Retire Early)
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Yep! Everything is proportional based on the FTE.
I technically have an underlying hourly rate, but am salaried in the sense that I am guaranteed a certain number of shifts equivalent to my FTE if that makes sense. Currently my FTE is 1.0 and I work 10 shifts biweekly. 0.7 would be seven shifts biweekly and so it would be 56 hours times my hourly rate. 401k match is 6% of whatever I get paid regardless of FTE. This kinda setup is common in healthcare.
Insurance cost would rise a few bucks a month. Nothing crazy.