To: John Mansfield who wrote (1722 ) 5/9/1998 4:59:00 PM From: John Mansfield Read Replies (1) | Respond to of 9818
[RATES] Hamasaki: 'Re: RATES ON THE RISE!' During 1997 Cory Hamasaki has focussed a lot of attention of rates. The last 6 months or so we did not hear much about the predicted huge increases in rates (for programmers, that is). This is changing..very interesting discussion below. John ______ On Fri, 8 May 1998 09:27:28, "D. Scott Secor - Millennial Infarction Mitigator" <y2k@uswest.net.NO$PAM> wrote: > Interesting ... VERY interesting! It would appear that the "sleepy" markets > are awakening. > > I'm seeing a few armor chinks in the local market (Minneapolis/Saint Paul, > aka Silicon Valley North) as well. I recently attended a local > head-hunter-sponsored "Job Fair" and passed around my one-page resume (Y2K > Project Manager background). > > I began by asking $100/hr. ... not a flinch. Then I asked $125/hr. ... > still no flinches. Finally, $150/hr. cocked an eyebrow and caused a > singular "that seems a bit high" in response. This tells me that the > head-hunters would probably bill me out at $175-$225 (I charge less). Were > the rest of you local contract PMs listening to this? Doesn't sound high to me... but what do I know, I thought they should have paid $100/hour a year ago, stated that openly, and got flamed for it. While I have your attention, any company could have had their pick of the litter a year ago at $100/hour. Now, forget it, unless you're a personal friend or a long time client, and you cop a sub-100 attitude, get back to the end of the line. We're at 100/100, that's $100K/year W2 with benefits or $100/hour for consultants. Here's another metric for you, I called a company that I've worked with in the past, I need some short term work done by a couple of their specialists, as a favor, it's me; here's their price, $250/hour or $2,000/day plus expenses. > > I also have a sizable pool of COBOL-cranking associates from which to draw, > from $75/hr. (up by $10 in the past month). My quote is $10 to $20 lower > than what local body shops would charge for comparable talent. > > I also have a client that could use up to FIVE programmers who are > well-versed in assembler, billing at same rates. Any takers? Not at $75/hour... maybe Eastabrook would be willing to tn3270 in? Actually that might not be a bad arrangement. > > Interested parties can e-mail me for further details (strip my ".no$pam" > filter first). > > I believe that these rates will be viewed as being downright "nostalgic" in > another couple of months. The number of open positions is expanding, and > the talent pool is shrinking. Anyone want to guess the next level? My friends are quoting $250/hour to me. For you... $350??? > > Please be advised, we apply a local (albeit P.C.) courtesy known as > "Minnesota Nice" to everything we do in this State. Therefore, mandatory > overtime will hereafter be refered to as an "Ambiant Body Temperature > March". > > Ciao, > > > Scott Secor cory hamasaki ____ Subject: Re: RATES ON THE RISE! (was Re: Rates) Date: 8 May 1998 18:28:02 GMT From: kiyoinc@ibm.XOUT.net (cory hamasaki) Organization: IBM.NET Newsgroups: comp.software.year-2000 References: 1 , 2 , 3