Contractor Rates

January 23rd, 2007

Since I am begin to do contract work, I am wondering what people feel is a good hourly rate for a contractor. For example, a programmer with 5 years of experience in Java applying for a 6 month Java programming position should ask for $40/hr? $80/hr??

Leave your advice, including years of experience, length of contract, technologies used, and hourly rate, in the comments.

Additionally, do you think it is better to be an independent contractor or contract through a firm? It seems that recruiters have a pretty high margin that might be partially eliminated if you were to contract independently. I have also looked briefly at PACE and the Contract Employee’s Handbook. They both look like great sources of information and a lot of what they say makes sense. Since this is my first real attempt at contracting I figured I would go through a third-party. As I do more, I may consider becoming independent.

What do you think?

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