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50k – 150k Table

IT Pay Equality

Information Technology Pay Equality

 

https://itpayequality.lfnexus.com

 

#9  Sunday, January 16, 2011  Update of This Page

 

We are the authority for IT salary and contract rate equality.  Our work is based on the research of the business/statistical division of the L. F. Nexus Think Tank and Dr. Michael J. Bisconti in particular.  Dr. James R. Ziegler (see his excellent material at The Contract Employee's Handbook) has independently arrived at similar conclusions.  However, we focus on matters of equality in the pay structures for permanent employees and contractors and we are the only organization that provides a complete statistical “equality table.”  Here are the equivalent salaries and contract rates for salaries ranging from $50,000 to $150,000.  We will be posting the complete “IT Salary & Contract Rate Equality Table (25k to 250k)” as soon as possible.

 

The following table provides statistically determined values.  Actual salaries and rates should deviate no more than ± 10%.  However, there are exceptions; for example, senior professionals and DBAs should be paid at least 15% more than the table value and senior DBAs should be paid at least 30% more than the table value.  In order to identify exceptions, you will need to apply the elaborated version of the “Sock Formula” (see simplified version below) to any table value.  (A basic explanation of the Sock Formula may be found at Sock Formula.)

 

f(x)y + f(x)z - y

________________________________________

Td

 

Finally, new data and information is always emerging and, thus, the equality table will continually be improved, though any further improvement may be marginal (small).

 

IT Salary & Contract Rate Equality Table (50k to 150k)

A Data

B Data

C Data

D Data

Salary
Annual

1.  Broker’s Rate To Client

2.  Contractor 40-Hour Week

Hourly Contract Rate

Unbrokered

Contractor

40-Hour Week
Hourly Contract Rate
Brokered 1099 and C2C

Contractor

40-Hour Week
Hourly Contract Rate
Brokered W2

.1% X A Data

 75% X B Data

67% X B Data 

$50,000

50.00

37.50

33.50

$50,500

50.50

37.88

33.84

$51,000

51.00

38.25

34.17

$51,500

51.50

38.63

34.51

$52,000

52.00

39.00

34.84

$52,500

52.50

39.38

35.18

$53,000

53.00

39.75

35.51

$53,500

53.50

40.13

35.85

$54,000

54.00

40.50

36.18

$54,500

54.50

40.88

36.52

$55,000

55.00

41.25

36.85

$55,500

55.50

41.63

37.19

$56,000

56.00

42.00

37.52

$56,500

56.50

42.38

37.86

$57,000

57.00

42.75

38.19

$57,500

57.50

43.13

38.53

$58,000

58.00

43.50

38.86

$58,500

58.50

43.88

39.20

$59,000

59.00

44.25

39.53

$59,500

59.50

44.63

39.87

$60,000

60.00

45.00

40.20

$60,500

60.50

45.38

40.54

$61,000

61.00

45.75

40.87

$61,500

61.50

46.13

41.21

$62,000

62.00

46.50

41.54

$62,500

62.50

46.88

41.88

$63,000

63.00

47.25

42.21

$63,500

63.50

47.63

42.55

$64,000

64.00

48.00

42.88

$64,500

64.50

48.38

43.22

$65,000

65.00

48.75

43.55

$65,500

65.50

49.13

43.89

$66,000

66.00

49.50

44.22

$66,500

66.50

49.88

44.56

$67,000

67.00

50.25

44.89

$67,500

67.50

50.63

45.23

$68,000

68.00

51.00

45.56

$68,500

68.50

51.38

45.90

$69,000

69.00

51.75

46.23

$69,500

69.50

52.13

46.57

$70,000

70.00

52.50

46.90

$70,500

70.50

52.88

47.24

$71,000

71.00

53.25

47.57

$71,500

71.50

53.63

47.91

$72,000

72.00

54.00

48.24

$72,500

72.50

54.38

48.58

$73,000

73.00

54.75

48.91

$73,500

73.50

55.13

49.25

$74,000

74.00

55.50

49.58

$74,500

74.50

55.88

49.92

$75,000

75.00

56.25

50.25

$75,500

75.50

56.63

50.59

$76,000

76.00

57.00

50.92

$76,500

76.50

57.38

51.26

$77,000

77.00

57.75

51.59

$77,500

77.50

58.13

51.93

$78,000

78.00

58.50

52.26

$78,500

78.50

58.88

52.60

$79,000

79.00

59.25

52.93

$79,500

79.50

59.63

53.27

$80,000

80.00

60.00

53.60

$80,500

80.50

60.38

53.94

$81,000

81.00

60.75

54.27

$81,500

81.50

61.13

54.61

$82,000

82.00

61.50

54.94

$82,500

82.50

61.88

55.28

$83,000

83.00

62.25

55.61

$83,500

83.50

62.63

55.95

$84,000

84.00

63.00

56.28

$84,500

84.50

63.38

56.62

$85,000

85.00

63.75

56.95

$85,500

85.50

64.13

57.29

$86,000

86.00

64.50

57.62

$86,500

86.50

64.88

57.96

$87,000

87.00

65.25

58.29

$87,500

87.50

65.63

58.63

$88,000

88.00

66.00

58.96

$88,500

88.50

66.38

59.30

$89,000

89.00

66.75

59.63

$89,500

89.50

67.13

59.97

$90,000

90.00

67.50

60.30

$90,500

90.50

67.88

60.64

$91,000

91.00

68.25

60.97

$91,500

91.50

68.63

61.31

$92,000

92.00

69.00

61.64

$92,500

92.50

69.38

61.98

$93,000

93.00

69.75

62.31

$93,500

93.50

70.13

62.65

$94,000

94.00

70.50

62.98

$94,500

94.50

70.88

63.32

$95,000

95.00

71.25

63.65

$95,500

95.50

71.63

63.99

$96,000

96.00

72.00

64.32

$96,500

96.50

72.38

64.66

$97,000

97.00

72.75

64.99

$97,500

97.50

73.13

65.33

$98,000

98.00

73.50

65.66

$98,500

98.50

73.88

66.00

$99,000

99.00

74.25

66.33

$99,500

99.50

74.63

66.67

$100,000

100.00

75.00

67.00

$100,500

100.50

75.38

67.34

$101,000

101.00

75.75

67.67

$101,500

101.50

76.13

68.01

$102,000

102.00

76.50

68.34

$102,500

102.50

76.88

68.68

$103,000

103.00

77.25

69.01

$103,500

103.50

77.63

69.35

$104,000

104.00

78.00

69.68

$104,500

104.50

78.38

70.02

$105,000

105.00

78.75

70.35

$105,500

105.50

79.13

70.69

$106,000

106.00

79.50

71.02

$106,500

106.50

79.88

71.36

$107,000

107.00

80.25

71.69

$107,500

107.50

80.63

72.03

$108,000

108.00

81.00

72.36

$108,500

108.50

81.38

72.70

$109,000

109.00

81.75

73.03

$109,500

109.50

82.13

73.37

$110,000

110.00

82.50

73.70

$110,500

110.50

82.88

74.04

$111,000

111.00

83.25

74.37

$111,500

111.50

83.63

74.71

$112,000

112.00

84.00

75.04

$112,500

112.50

84.38

75.38

$113,000

113.00

84.75

75.71

$113,500

113.50

85.13

76.05

$114,000

114.00

85.50

76.38

$114,500

114.50

85.88

76.72

$115,000

115.00

86.25

77.05

$115,500

115.50

86.63

77.39

$116,000

116.00

87.00

77.72

$116,500

116.50

87.38

78.06

$117,000

117.00

87.75

78.39

$117,500

117.50

88.13

78.73

$118,000

118.00

88.50

79.06

$118,500

118.50

88.88

79.40

$119,000

119.00

89.25

79.73

$119,500

119.50

89.63

80.07

$120,000

120.00

90.00

80.40

$120,500

120.50

90.38

80.74

$121,000

121.00

90.75

81.07

$121,500

121.50

91.13

81.41

$122,000

122.00

91.50

81.74

$122,500

122.50

91.88

82.08

$123,000

123.00

92.25

82.41

$123,500

123.50

92.63

82.75

$124,000

124.00

93.00

83.08

$124,500

124.50

93.38

83.42

$125,000

125.00

93.75

83.75

$125,500

125.50

94.13

84.09

$126,000

126.00

94.50

84.42

$126,500

126.50

94.88

84.76

$127,000

127.00

95.25

85.09

$127,500

127.50

95.63

85.43

$128,000

128.00

96.00

85.76

$128,500

128.50

96.38

86.10

$129,000

129.00

96.75

86.43

$129,500

129.50

97.13

86.77

$130,000

130.00

97.50

87.10

$130,500

130.50

97.88

87.44

$131,000

131.00

98.25

87.77

$131,500

131.50

98.63

88.11

$132,000

132.00

99.00

88.44

$132,500

132.50

99.38

88.78

$133,000

133.00

99.75

89.11

$133,500

133.50

100.13

89.45

$134,000

134.00

100.50

89.78

$134,500

134.50

100.88

90.12

$135,000

135.00

101.25

90.45

$135,500

135.50

101.63

90.79

$136,000

136.00

102.00

91.12

$136,500

136.50

102.38

91.46

$137,000

137.00

102.75

91.79

$137,500

137.50

103.13

92.13

$138,000

138.00

103.50

92.46

$138,500

138.50

103.88

92.80

$139,000

139.00

104.25

93.13

$139,500

139.50

104.63

93.47

$140,000

140.00

105.00

93.80

$140,500

140.50

105.38

94.14

$141,000

141.00

105.75

94.47

$141,500

141.50

106.13

94.81

$142,000

142.00

106.50

95.14

$142,500

142.50

106.88

95.48

$143,000

143.00

107.25

95.81

$143,500

143.50

107.63

96.15

$144,000

144.00

108.00

96.48

$144,500

144.50

108.38

96.82

$145,000

145.00

108.75

97.15

$145,500

145.50

109.13

97.49

$146,000

146.00

109.50

97.82

$146,500

146.50

109.88

98.16

$147,000

147.00

110.25

98.49

$147,500

147.50

110.63

98.83

$148,000

148.00

111.00

99.16

$148,500

148.50

111.38

99.50

$149,000

149.00

111.75

99.83

$149,500

149.50

112.13

100.17

$150,000

150.00

112.50

100.50

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