Yes, that's the correct amount 3.5 cpl. They don't call them IC's but rather "statutory employees" - which means they take out state taxes and social security but that's it and no healthcare either. Thought there would be more money in it that way.....hahahhahah! I'm barely making ends meet and my yearly earnings have gone down steadily in the last 5 years. We have to have training for this career, and yet we could make more bagging groceries! What's up with that?!?