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Do You Make $60/hr for Programming?

azzkicker asks: "I was reading some AP articles on offshoring. It talks about the struggles of out-of-work programmers and the shifting of jobs overseas [in the US]. Part way through one article it says: 'The average programmer commands $60 an hour in the United States, six times the rate in India.' I don't disagree with the Indian rate (USD $80/day, $400/week, $20,800/year gross), but what is with the US rate (USD $480/day, $2400/week, $124,000/year gross)? I know that programmers are billed out at high rates, but most of my programmer friends in Midwest, USA (years of experience and CS degrees) don't even see $50K/year. What is the actual rate most programmers see? Do you see $60/hr? Is the US rate misleading corporations into outsourcing?" Does offshoring really save corporations that much money?

2 of 181 comments (clear)

  1. rule of thumb by voisine · · Score: 5, Interesting

    general rule of thumb up to $100k a year or so, double the salary and that's what the employee costs the company. Payroll tax, benefits, unemployment insurance, workmans comp, increased hr resources, etc... $60/hr sounds about right.

  2. Re:$60k in NYC is not much money! by GigsVT · · Score: 5, Funny

    Corporate trainer eh?

    Does she throw them treats when they properly use buzzwords, and sniff the ass of their superiors?

    --
    I've had enough abrasive sigs. Kittens are cute and fuzzy.