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Industry Bill Rates?

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by michaelh

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I was curious what the industry bill rate standards are for IT Consulting, programming, db designs etc. Does anyone know of any resources I can use as a template?

6 replies

by timwalsh

There are no standards. Rates will vary by location, experience/skills, and what the market will bear.

by cg it

As the first answer mentioned, all depends.

If you have your own company, profit, overhead, salaries, equipment, advertising, taxes, insurance, so on & so forth all goes into bill rates. So, that $100.00 per hour rate had better cover those costsAND include a profit.

If your trying to figure out if you could profitably go into business for yourself, back into the equation by asking yourself, what would "you" pay? , then factor in all the expense of running a business and see if you could compete and make a profit.

by cg it

Again, as the first answer said [which you rejected] it depends. There is no industry standard billing rates. Microsoft can charge $175.00 per hour for tech support, where your own buiness [which your the sole worker]may charge only $50.00. The computer programmer doing free lance programming in C+++ might ask for $100.00 per hour [of which he sees that $100.00 per hour all going into his pocket because he's not in business for himself]. Again, there is no "industry standard" because the IT Industry encompasses a multitude of disiplines, each of which both large business and the small one man company compete for the available $$. Large business may actually contract with a small one 4 or 10 man company because what the consumer will pay is for their hourly rate based upon their overhead, not the small business they contract with to actually do the work.

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