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 Message Boards » » Software Development and the Evil Contracting Firm Page [1]  
CaelNCSU
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I'm curious what new grads think the going rate should be for an entry level Java developer. In my experience if the candidate is entry level and they go through a contracting firm the candidate may get $60K/year, but the firm is likely getting as much as $110K/year for the entry level person. Owning a contracting firm is certainly a lucrative business.

1/10/2008 12:28:05 PM

qntmfred
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All business is lucrative until you learn how it works

1/10/2008 12:44:10 PM

smoothcrim
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the contract firm is paying out the ass to insure themselves and you for liability, workers comp, etc.

1/10/2008 2:13:39 PM

CaelNCSU
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I'm pretty sure that isn't work $50/hr

1/10/2008 2:33:11 PM

smoothcrim
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I have a contracting firm, it's extremely cost prohibitive to add employees initially unless you can underpay them or have a good enough reputation to not have to charge discount rates to get your foot in the door.

[Edited on January 10, 2008 at 2:42 PM. Reason : for instance, a job that pays $50/hr, I could only afford to pay an employee ~$33/hr and break even]

1/10/2008 2:41:13 PM

mellocj
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ok, go start a contracting firm and report back.

1/10/2008 3:32:04 PM

CaelNCSU
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My problem is that they are normally lying cunts. About a year ago I was asking for a raise and they told my client that I was asking for more than they were paying and I wasn't. I knew that and the client knew that so they looked like jackasses. They also pocketed raises the client gave out without ever telling the contractor they had gotten a raise.

1/10/2008 4:04:08 PM

smoothcrim
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do you work for man power or robert half?

1/10/2008 4:07:25 PM

CaelNCSU
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No but I've heard those are bad as well. I have an outstanding offer with Tek Systems who knows how bad they're fucking me.

1/10/2008 4:09:42 PM

Gonzo18
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110k for an entry level java developer?
sign me up

1/10/2008 5:01:13 PM

Noen
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Robert Half was excellent to me. Absolutely the best recruiting firm I have EVER dealt with. They were beyond up-front with me and accomodated me far more than they were obligated to.

I'd recommend them in a heartbeat to anyone in the fields they serve.


-------------


Smoothcrim is right. You guys don't have a clue what that money goes to (and it goes to a lot of bullshit). It's a business like any other. Consulting and Recruiting firms serve a need, and they are compensated for it. The fact you don't understand where the money goes, doesn't mean it doesn't go anywhere.

[Edited on January 11, 2008 at 9:36 AM. Reason : .]

1/11/2008 9:35:00 AM

CaelNCSU
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^

That's really cute you think that, but you're talking about $30/hr in a lot of cases on top of $35/hr or rates like that. There is no god damn way anything they do is worth that much money. That's about $60K/year. You can get a high dollar prostitute once a week for that kind of money. That's not counting that in a lot of cases they blatantly lie to both the client and contractor about bill rates.

I have a friend that owns a very successful firm in New Jersey and $10/hr is break even + a little profit for him.

1/11/2008 9:45:16 AM

qntmfred
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Quote :
"The fact you don't understand where the money goes, doesn't mean it doesn't go anywhere."

1/11/2008 9:55:50 AM

Golovko
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CaelNCSU is one bitchy mofo.

1/11/2008 11:08:07 AM

Donogh5
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What instantly springs to mind is that there's more to software development than just developing the software. Even making contacts in the software is tough, not mention generating leads and actually selling. I doubt their margins are that high on consulting.

1/11/2008 12:17:13 PM

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