[quote=SK in CV]Yes, $400/hr. The label “IT Consultant” spans a pretty wide range of services from programming to installation and customization plus tech consulting. Rates at $400+ per hour at some of the global SI’s are not uncommon. We’re not talking about come and set up my router. (I think that’s usually about $100/hr.) Consulting related to installation of big ERP systems commonly run in the many many millions of dollars.
And it’s more like 2.5-3.5 x hourly pay rate, which is lower than most professional service industries.[/quote]
I wasn’t referring to the “come and set up my router” type. I’m talking about come and setup big ERP system. I’ve setup a small scale ERP system before (Microsoft Great Plains). It’s not rocket science. It’s much easier than writing those ERP software. I did that while I was fresh out of college too.
At $400/hr, that equivalent to hiring someone full time and pay them ~$800k/yr. I’m not in IT consulting, so I don’t know, but I’m skeptical about the $400/hr rate since I was in the S/W consulting business. Even at the best of time, a S/W architect can’t fetch anywhere near $400/hr.
I didn’t know IT consulting is more lucrative than S/W consulting. Typical rate today for S/W consulting range for 1.5-2x hourly rate (Wipro type to more high end Teleca type). I’d impress to know that there are people who would pay that much more for IT consultant. Even at the high end of your range, 3.5x hourly pay, your typical Sr. IT is probably making around $40-50/hr., so 3.5x that would be $140-175/hr. That’s a far cry from $400/hr.
