IT Pay Equality

Information Technology Pay Equality

 

https://itpayequality.lfnexus.com

 

#1  Sunday, January 30, 2011  Update of This Page

 

 

Smart Rate Finder

 

It is easy to find the smartest rate that will beat all other competitors.  Find the salary in the Senior column in the first table below then use this salary to find the rate in the second table below then subtract $10.00.  If you need a rate range use “rate to 1.2 X rate.”

 

 

 

Salary by Job Title

(Based on Latest DICE Stats)

 

Average

Senior

Business Analyst

85,306

93,452

Database Administrator

91,283

100,000

Desktop Support Specialist

47,026

51,517

Developer: Applications

86,663

94,939

Developer: Database

81,735

89,540

Help Desk

39,774

43,572

Information Architecture

105,247

115,297

IT Management

114,874

125,844

MIS Manager

89,741

98,311

Network Engineer

72,609

79,543

Programmer/Analyst

74,333

81,431

Project Manager

103,437

113,315

Quality Assurance (QA) Tester

72,911

79,874

Security Analyst/Architect/Engineer

86,499

94,759

Software Engineer

91,342

100,065

Systems Administrator

71,576

78,411

Technical Support

51,193

56,082

Technical Writer

75,028

82,193

Web Developer/Programmer

66,500

72,850

 

 

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 $80,000 to $100,000.  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 (80k to 100k)

Click Here for 50k – 150k Table

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 

$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

 

Click Here for 50k – 150k Table

 

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