Tech IndustryNov 10, 2019
Paychexspendtime

Is $87 an hour good in Brooklyn, NY.?

I dont know much about the NYC market, but just wondering if that is the right rate. one of my friend indicated that it could go as high as $100.

Paychex spendtime OP Nov 10, 2019

No benefits. Just an hourly rate.

Paychex spendtime OP Nov 10, 2019

Senior software engineer with 15 yr exp. Mostly MS tech stack.

Uber uber1991 Nov 10, 2019

It’s low, very low.

Tesla Bigballer Nov 10, 2019

Isn’t this like $180k base? How is that low?

Confluent nerdyfuck Nov 10, 2019

Sounds sarcastic...

Societe Generale NYC Random Nov 10, 2019

Depending on the project / industry / size of firm... I normally see 90-120 for senior positions and 60-80 for junior Make sure you incorporate, so you can manage your taxes + expenses. Doing that will net you more than benefits most places

Microsoft LVuitton Nov 10, 2019

Seems low if it’s Contracting. Keep in mind no 401k matching, health insurance, you pay all the social security taxes, etc

Paychex spendtime OP Nov 10, 2019

I know. What is the good rate? I think the middle guy is trying to screw

Amazon jNeo42 Nov 10, 2019

Is it a financial client? If so the most they will pay per day to the vendor is $1600, and that is for a very senior and specialized role. Otherwise the max is probably around 1200, which means you will at most make 1000/day. Which puts you at 125/hr. However, if you’re talking about another kind of company (other than banks, IB, HF, other boutiques), then 125/hr is a real stretch. You can probably get to 100/hr. Note that I’m talking about corp-to-corp (C2C) rates here, not W-2. W-2 will certainly be lower by at least 15%. So 87/hr on a W-2 might be fair, but try for C2C at 100.

Amazon mst48 Nov 10, 2019

Convert to yearly for comparison. Then check levels.fyi For 15 yoe people here would consider low anything below 300k working just 47 weeks. If you work 52 weeks at that rate it’d be 180k.

Amazon mst48 Nov 10, 2019

Check the other post where a lad/lass got offer of 290K with 5.5 yoe... (of which only 2.5 in the US)

BBDO hPes60 Nov 10, 2019

That’s fine, you won’t find higher in nyc unless you are working at a FAANG or financial.

Paychex spendtime OP Nov 10, 2019

I am not sure. I am getting conflicting answers. I am looking at the linked jobs and all of them has projected salary figures of 110-150K. Why so? Is Linked in projected salary is too low? I am not really sure. If I don’t know the range, I will either quote too much, which leads to them ignoring me. If I quote too low, I am screwed.

Amazon mst48 Nov 10, 2019

LinkedIn is not reliable for salary data.

Oscar 🐨 🐨 🐨🐨 Nov 10, 2019

Dude... go fte and your problem solved.