Terrified? But not unbelievable, is it? You can just mull over whether I really heard it or not. Hiring contractors lately almost always feels like this. If you're looking for a specific skillset, technically, you can expect to add 10-25% over what you were expecting to pay on the upper end. I have that issue when I'm looking for developers with library or framework experience in Javascript that's beyond jQuery. With 1 in 2 sites sporting jQuery, it's not too hard to find someone who can just reuse code and wedge it into a website. It's much more difficult to find the expert who understands the actual code and can point out optimizations and other options and opportunities. If they have domain knowledge you specifically need, another 10-25%. If they have a long history with your company, or left and came back with most of their knowledge intact, do it again. And you still might be getting a good deal if they're truly twice as productive as your new hire.
Title: We must not understand the company at all.
Snarky: Did you hear they rehired him as a contractor for $160 an hour? They said his "deep knowledge of the company commands a premium."
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