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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
2016 NEW YORK METROIT CONSULTANT RATE GUIDE
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?
2016 NEW YORK METROIT CONSULTANT RATE GUIDE
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.
2016 NEW YORK METROIT CONSULTANT RATE GUIDE
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.
2016 NEW YORK METROIT CONSULTANT RATE GUIDE
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.
2016 NEW YORK METROIT CONSULTANT RATE GUIDE
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.
2016 NEW YORK METROIT CONSULTANT RATE GUIDE
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.
2016 NEW YORK METROIT CONSULTANT RATE GUIDE
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
2016 NEW YORK METROIT CONSULTANT RATE GUIDE
10www.donmor.com
Position 2016 Bill Rate
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
2016 NEW YORK METROIT CONSULTANT RATE GUIDE
11 www.donmor.com
Position 2016 Bill Rate
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
2016 NEW YORK METROIT CONSULTANT RATE GUIDE
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]