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The placement companies are getting $150/hr, which is about going rate for dev agencies here in the valley. You just get the 60% cut. Some other routes to take
by alaskamiller 8y ago
The placement companies are getting $150/hr, which is about going rate for dev agencies here in the valley. You just get the 60% cut.
Some other routes to take:
Management. You get 2 or 3 other remote guys and bill at $200/hr then split the take. You'll get your needed billable hours to make it worthwhile for everyone but lots of headaches and lots of sales.
Consulting. You design the architecture or analysis or technical reviews of projects. But won't hit 2000 billable hrs a year at that rate.
Otherwise no one's going to hire an individual contributor at $200/hr.
Email me if you want to talk shop over coffee.
- karmajunkie 8y agoI don't think the target should be 2000 billable hours in this scenario—shoot for 1000. Its really hard to stay legitimately billable for 40 hours a week no matter what your rate is, unless you're charging a day or weekly rate and don't worry about hourly itemization. 20 hours a week is pretty easy and if you calibrate everything to that, you end up with gravy more often than not.
- stove 8y agoPeople hire individual contributors for more than $200/hr all of the time. Especially in the bay area.
- theli0nheart 8y agoI'm based in Austin, am an individual contributor, and I bill out at $300 / hour (and have been for more than a year). I work anywhere from 20-25 hours per week. I'm quoting new inbound at $350-400 / hour and work has no signs of slowing down.
- byebyetech 8y agoI live in Austin too but here no one agrees to pay me more that $40/hour and thats why i am considering moving to Bay Area. What kind/field of work do you do sir?
- theli0nheart 8y agoI do iOS, Android, and full stack web development (devops, frontend, backend, etc.)—basically whatever tech is needed to solve the business issue at hand. Hit me up if you want to talk shop, I’d love to help you out if I can!
- byebyetech 8y agoGreat! just sent you message on LinkedIn :)