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IT consulting rate

Angela D'souza
Ranch Hand

Joined: Jan 16, 2002
Posts: 469
Hi,
I have my own IT company which used to offer website designing till now. Now we want to offer IT consulting services. I don't know what are the current IT consulting rate in US market right now. Would you please tell me IT rates/hr for:
-JAVA, JSP, J2EE, C, C++
- Visual Basic
- PHP, mySQL

I want to know per hour and per month pay rate.

Thank You,
Angela
Campbell Ritchie
Sheriff

Joined: Oct 13, 2005
Posts: 44061
    
  33
How much do you earn a month? Multiply by 3 and divide by 13 and you know what you earn a week. Divide weekly rate by 75 and double that and you get your hourly rate. How much does your company cost to run for a month, including all salaries, gas bill, phone, taxes, insurance . . . ?
Tim Holloway
Saloon Keeper

Joined: Jun 25, 2001
Posts: 17046
    
  26

Well, advanced Java skills dropped from $50/hr to $40/hr locally, and there's indication that they're pushing for $35 or lower now. That's the employee compensation, and I usually figure on triple that as the actual corporate billing rate.

Ideally, your bill rate is going to be figured based on your expenses plus whatever sinfully high profit margin you can gouge the customer for. Unfortunately at the moment, it's a buyer's market, and that means that means you take what you can get, unless you can offer something that's not a commodity service.

The US is not a homogeneous market. What you can expect to get in Florida is a lot lower than what you can expect in New York. The only way you can truly get your question answered is to study what's being currently advertised in the locale(s) you intend to target. And, ideally, to talk to actual contractors working in the area.


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