I had a job as a programmer consultant once making $50,000 a year and I was being billed out at $185 an hour so I was making like 1/7 of my bill rate. And my bill rate was only that high because I have an advanced degree in a field utterly unrelated to programming. I want to say the company I consulted at was getting screwed even worse than me, but I was actually good at programming and cleaned up a mess they had already thrown millions of dollars at in-house.