What's a competitive hourly rate for those at NYC banks, doing graduate-degree-required project work? I noticed this week how the contractors at my bank (mostly with law degrees or 10 years exp) are at $110 to $165/hr (agency rate, likely $85-$135 payable pre-tax). Seems pretty nice compared to my salary rate (divided per hour!) What's average/competitive for hourly competitive rates?
$110 /Hr on W2 at Capital One
Is that your cut of the hourly rate or the client-facing rate invoiced by the agency?
That was my cut on at the end of it. Not sure how much my agency made off of me.
TC or GTFO
TC 140k in NYC which is $65/hr if tracked to 40 hr weeks (that I try to adhere to pretty closely)