2016 IT CONSULTANT RATE GUIDE - Donnelly & Mooredonmor.com/.../uploads/2016/05/2016-IT-CONSULTANT-RATE-GUID… · 2016 IT CONSULTANT RATE GUIDE ... Oracle DBA/PL-SQL Developer $98.85

2016 IT CONSULTANT RATE GUIDEThe New York Metro IT Market

2016 NEW YORK METROIT CONSULTANT RATE GUIDE

2www.donmor.com

INTRODUCTIONNew York City is a dynamic place by nature, always changing

and evolving to fit the tempo and spirit of the times. Propelled

by that drive, New Yorkers are often among the best and

brightest in their fields, and through our experience as an

IT Consulting and Recruiting firm, we find that New York

IT consultants are no exception. That’s why the typical IT

consultant rate in our area never remains the same for long.

But before we delve into current IT consultant rates, it’s

important to be aware of the factors contributing to their rise.

How competitive is the market? Are IT professionals remaining

in New York or looking for work elsewhere? What can we do

to attract and keep consultants? Are IT consultants right for

you? The aim of our New York IT Consultant Rate Guide is to

provide you with the answers to those questions and more.

We hope you find our research and experience in the field

to be informative, helping your business to become more

competitive as you appeal to and hire your next IT consultant.

CONTENTSIntroduction ............................................ 2

New York Is Dealing with a Tech Short-

age ................................................................ 4

The Advantage of More New York IT

Consultants .............................................. 5

What Draws New York IT Consultants

Away ............................................................ 6

When to Choose IT Consultants vs Full-

Time Employees ..................................... 7


3 www.donmor.com

New York Is Dealing with a Tech ShortageSince New York rose to prominence as a tech center, the city has

worked to cultivate opportunities for IT professionals. Looking at

this digital map of NYC’s startups, VC investors, and incubators

gives a sense of a thriving tech ecosystem. Yet tough-to-fill vacancies

are still common.

At last year’s NYC startup job fair, founder Patrick Duggan said

that though 50 percent of the open positions at the event were

for developers, only 30 percent of applicants were qualified. The

challenge is that businesses from startups to Fortune 500s are

competing in the same space, fighting over a shortage of resources.

The talent shortage seems to be so pronounced, that New York

City has taken action to fill the future talent pool by starting the

Computer Science for All program to create more homegrown tech

professionals. Yet the question remains: how do we deal with the

talent shortage now?


4www.donmor.com

The Advantage of More New York IT ConsultantsIT consultants are a quick way to fill open positions in the

New York tech ecosystem. They return to the job market more

frequently than direct hires. Additionally, they are more willing to

make cross country moves to find work with companies that satisfy

their job criteria. At least 52 percent of tech employees would move

to another state or region for work. The trick is giving them the

incentive to do so.

New York IT consultants already have a number of factors to draw

them to the area (competitive employers, vibrant city life, no

shortage of job opportunities), but there are a few considerations

that businesses need to keep in mind.

Because high quality IT consultants have a choice about which

cities they choose to call home, there is an impetus to provide the

right conditions to keep them in NYC. The companies that know

when and how to compensate will have an easier time attracting

tech talent.


5 www.donmor.com

What Draws New York IT Consultants AwayTwo of the main factors drawing tech talent away from New York

are consultant rates and cost of living expenses. In a recent study,

New York was ranked 33rd among cities that offer the highest

effective pay. Prices in New York City tend to be 22.3 percent higher

than the national average and is the 4th most expensive place to live

in the United States.

Other cities with lower costs of living but equally competitive

compensation end up having a greater allure. For example, for every

dollar earned in Seattle, New Yorkers need to earn $1.14 to keep up.

Disparity of that kind exists in metropolitan areas across the United

States.


6www.donmor.com

WHEN TO CHOOSE IT CONSULTANTS VS FULL-TIME EMPLOYEES

The decision between an IT consultant and a full-time employee

deserves more consideration than it is usually given. Here are the

main factors to consider when deciding between different types of

employees.

Cultural alignment: Engaged employees are important to any

business – an engaged employee’s workplace productivity has

been measured at 22% higher than the average – and cultural fit

is a considerable contributing factor to that sense of connection.

What often gets overlooked is that both full time employees and

consultants should have some level of cultural alignment.

Can they mix and seamlessly collaborate with current team

members? Do they excel in working conditions similar to that of

the position? Are their values aligned with the company’s? Any

type of employee, be it full-timer or consultant, needs to answer in

a way that fits the prevailing cultural criteria.


7 www.donmor.com

Short-term projects: Most businesses have no difficulty

gauging which projects will last a few months. Web redesigns,

infrastructure upgrades, and the translation of desktop apps into

web or mobile platforms. Each has a finite end point and can

benefit from a highly qualified IT consultant.

Yet longer projects running two or more years with evolving

parameters can be equally well-suited for IT consultants. In fact,

unless a specific role is something that can be guaranteed as an

ongoing project, a contract employee is always a strong option.

Niche skills: How integral is a given technology to your team?

Does it get used every month? Every week? Every day? Or is there

an isolated range where once it’s been used, it will never be used

again? Frequency and prevalence matter. Most consultants will

have worked on several different projects, meaning they often

have acquired skills that fit a broad field of work as well.

Increased volume: Though it is possible for a long-running

business to predict some of its workload by the time of year or

other measurable cycles, an influx of new or unexpected projects

can put a strain on existing staff. Rather than exhaust the team

until the workload subsides or hire someone who will quickly

become an excess, hiring an IT consultant is often the best choice.


8www.donmor.com

Hybrid positions: Is there a position that is difficult to put in a neat

and tidy box? Does it combine several disciplines in one person?

An IT consultant is one solution to this hybrid type of position,

but an IT professional with such diversified skills might become

too critical to your operation to let go. If there might eventually be

opportunity for promotion for such a multi-talented person, full

time employment might be the best route.

Employee costs: Price is definitely a consideration when deciding

between hiring a full-time employee and a consultant. At a glance,

the upfront pay rate of an IT consultant is going to be higher, yet

full-time employees are typically more costly in the long run. Half

of a full-time employee’s FICA taxes (Social Security and Medicare)

are expected to be paid by employers. Additionally, the Affordable

Care Act has made it mandatory for any business with 50 employees

or more to provide some level of full-time employee healthcare

coverage. None of those expectations exist when you employ IT

consultants.


9 www.donmor.com

Position 2016 Bill Rate

.Net Web Developer $105.63

Application and Infrastructure Security Architect $101.11

Application Architecture & Design Developer $119.09

Application Developer $98.85

Business Analyst $79.08

C Level Programmer $106.19

Cloud Based (Microsoft, Amazon, Aqua, Oracle) Administrator $107.32

Cloud Computing Developer $107.32

Customer Relationship Management (CRM) Developer $104.50

Data Center Disaster Recovery Analyst $107.32

Data Center Environment Management, Engineering, and Support $90.38

Data Warehouse Manager $110.15

Database Administrator $98.85

Database Architect $110.41

Database Developer $88.11

DB2 Mainframe Database Administrator $92.69

Desktop Support Specialist $48.82

Desktop and Application Virtualization Administrator $73.43

Disaster Recovery Specialist $96.02

Drupal Developer/Architect $106.76

Enterprise Security (AV, Encryption, DLP, PCI) Architect $104.50

ERP and Vendor Product Development $81.50

GIS Support $98.85

Handhelds Application Developer $101.67

HP Quality Assurance Analyst $84.73

Hyperion Developer $118.62


10www.donmor.com


IT Risk and Compliance Auditor $90.38

IT Security Architect/Engineer $107.32

IT Security Operations Specialist $93.20

ITIL Process Analyst $107.32

IVR XML/VXML/JAVA Developer $96.02

Java Developer $97.82

JR. Project Manager $76.25

Kronos Developer $76.25

Mainframe Operations System Programmer $99.99

Microsoft SharePoint Server Administrator $127.09

Middleware/Service Oriented Architect $101.67

Mobile Applications Developer $112.97

MS SQL Developer $105.63

Network Administrator $64.96

Network Engineer $90.38

Network LAN/WAN/SAN Engineer $84.73

Network Security Architect $115.79

Operations Support Analyst $53.66

Oracle DBA/PL-SQL Developer $98.85

Oracle Developer $98.85

Oracle Midrange Infrastructure DBA $100.90

Oracle Suite Administrator $96.02

PC Support Technician $42.36

PC/LAN Support Analyst (Hardware and/or Software) $62.13

PeopleSoft Integrator/Support Analyst $118.05

QA Analyst/Engineer $76.25


11 www.donmor.com


Quality Assurance Analyst $81.90

Real-Time Embedded Software Specialist $87.55

Ruby Developer $152.51

Server Operations Programmer $70.61

Software Developer $73.43

Sr. Project Manager $110.15

System Analyst & Administrator $90.38

Technical Writer $76.25

Telecom Technician/Analyst $64.96

Transportation Services IT Support $81.90

Web Developer $94.43

Windows/VMWare Administrator $96.02

Wireless Support Specialist $93.20


12www.donmor.com

ABOUT DONNELLY & MOOREAt Donnelly & Moore we maximize the potential of human capital

and drive business growth by connecting experienced, highly

credentialed IT professionals with demanding firms across a wide

range of industries. Since 1997 our strategic workforce solutions

have helped Fortune 100 companies execute critical projects and

strengthen existing teams. With unparalleled access to talented IT

professionals and a customized, process-based approach to placing

highly qualified individuals on each project our clients undertake,

we generate results that speak for themselves. Our talent pool

consists of the country’s top information technology professionals.

We attract, assess, develop and place coding experts, IT architecture

gurus, Web developers and hardware specialists with clients in

finance, utility services, entertainment, infrastructure, government

and other sectors. Our clients rely on us to enhance their

competitiveness by filling key roles with talented professionals

who uphold their culture and internalize their objectives. Our

unmatched capability to attract and retain professionals with

critical expertise enhances workforce productivity, reduces waste

and guarantees the quality of completed work.

Donnelly & Moore

14 Wall Street, 20th Floor

New York, NY 10005

Looking for IT Contractors?

Phone: (212) 488-1171

Email: [email protected]

Documents

2016 IT CONSULTANT RATE GUIDE - Donnelly & Mooredonmor.com/.../uploads/2016/05/2016-IT-CONSULTANT-RATE-GUID… · 2016 IT CONSULTANT RATE GUIDE ... Oracle DBA/PL-SQL Developer $98.85