Server Admin for Windows 2k and Unix (together). Right now I'm a general tech guy, but I might be getting a promotion to the above, and I'm not exactly sure what the average rate is, so I don't get scammed. Does anyone around here know? Also if this is in the wrong forum (where no-one like that checks) please direct me to the right one.
Tek-Tips is the largest IT community on the Internet today!
Members share and learn making Tek-Tips Forums the best source of peer-reviewed technical information on the Internet!
-
Congratulations Rhinorhino on being selected by the Tek-Tips community for having the most helpful posts in the forums last week. Way to Go!
I need to know the going rate for a... 1
- Thread starter SSMario
- Start date
- Thread starter
- #3
- Thread starter
- #4
Salary.com is great but also do a search at Dice.com for specific jobs offered in your area and see what they are offering.
"Two strings walk into a bar. The first string says to the bartender: 'Bartender, I'll have a beer. u.5n$x5t?*&4ru!2[sACC~ErJ'. The second string says: 'Pardon my friend, he isn't NULL terminated'."
"Two strings walk into a bar. The first string says to the bartender: 'Bartender, I'll have a beer. u.5n$x5t?*&4ru!2[sACC~ErJ'. The second string says: 'Pardon my friend, he isn't NULL terminated'."
benlinkknilneb
Programmer
Monster.com also has a salary searcher on their site.
Ben
There's no place like 127.0.0.1.
Ben
There's no place like 127.0.0.1.
You can also look at to see what a contractor would be able to bill.
Chip H.
If you want to get the best response to a question, please check out FAQ222-2244 first
Chip H.
If you want to get the best response to a question, please check out FAQ222-2244 first
- Thread starter
- #9
-
1
- #10
Be careful of comparing consulting rates and salaries. Here's some math:
Compare, say, a $60,000 salary to an hourly rate, say, $50 per hour.
To do apples to apples, you've got to figure 40 hours per week. As a consultant, you don't generally work fulltime--you need to spend time marketing yourself, dead time between gigs, admin time doing invoicing, collections on non-or-slow-paying clients. So in actuality 10% of your time is minimum, it's probably more, but we'll use 10. So now we're comparing to average 36 hours billed per week.
That's $90,000 per year. But wait--a typical benefit package is worth at least $15,000--Insurance on your own is $700 monthly for good family coverage ($8400 year), plus 401k matching contribution, profit-sharing, bonuses, and many other perks of real value--cell phone bills, health club, car in some cases, etc, etc. Now you're at $75,000.
Now what about that 3 weeks vacation--that's 120 hours lost for the hourly consultant, or $6000. And don't forget your business share of FICA, 6% of gross (you pay the other 6% in either case), or another $5000+. Errors and Omissions insurance, that takes a chunk too.
So we're at less than $64,000 now. Not so much better than the $60k salary. There are probably other things I've left out, but the bottom line is--don't look at a $50 per hour rate for the job you're looking for and then expect $100,000 salary for the same job.
--Jim
Compare, say, a $60,000 salary to an hourly rate, say, $50 per hour.
To do apples to apples, you've got to figure 40 hours per week. As a consultant, you don't generally work fulltime--you need to spend time marketing yourself, dead time between gigs, admin time doing invoicing, collections on non-or-slow-paying clients. So in actuality 10% of your time is minimum, it's probably more, but we'll use 10. So now we're comparing to average 36 hours billed per week.
That's $90,000 per year. But wait--a typical benefit package is worth at least $15,000--Insurance on your own is $700 monthly for good family coverage ($8400 year), plus 401k matching contribution, profit-sharing, bonuses, and many other perks of real value--cell phone bills, health club, car in some cases, etc, etc. Now you're at $75,000.
Now what about that 3 weeks vacation--that's 120 hours lost for the hourly consultant, or $6000. And don't forget your business share of FICA, 6% of gross (you pay the other 6% in either case), or another $5000+. Errors and Omissions insurance, that takes a chunk too.
So we're at less than $64,000 now. Not so much better than the $60k salary. There are probably other things I've left out, but the bottom line is--don't look at a $50 per hour rate for the job you're looking for and then expect $100,000 salary for the same job.
--Jim
SemperFiDownUnda
Instructor
Man, one thing I'm not sorry about leaving behind in the US is paying 1k a month for avg family health care. Here I pay $195 a month for one of the best family healthcare plans :/
Hope I've been helpful,
Wayne Francis
If you want to get the best response to a question, please check out FAQ222-2244 first
Hope I've been helpful,
Wayne Francis
If you want to get the best response to a question, please check out FAQ222-2244 first
- Thread starter
- #12
The vacation may not mean much to you but when you roll a benefits package up to a total value it has a monetary value. A good rule of thumb is that a consultant can bill 40% more than what a fulltime spot is worth. SO the $50 an hour consultant who would make 104K at 100% usage could expect to make approx $62400 as a salary.
Having recently come off a decent paying consulting gig I was more than happy to take a pay cut for some security and stability.
Also a * to Jim for the detailed break down.
"Shoot Me! Shoot Me NOW!!!"
- Daffy Duck
Having recently come off a decent paying consulting gig I was more than happy to take a pay cut for some security and stability.
Also a * to Jim for the detailed break down.
"Shoot Me! Shoot Me NOW!!!"
- Daffy Duck
- Thread starter
- #14
- Status
Similar threads
- Locked
- Question
- Locked
- Question
- Locked
- Question