I was a headhunter in the IT industry in the late 90s. The contractors we placed worked for anywhere from about $35 an hour to $150 an hour, with the average being about $75 or so. Since they all worked more than 40 hours a week, some made as much as 400K per year, but again, the average was probably somewhere around 150K.
At the time there was an explosion in computer science need generated by Y2K projects, and by a massive shift from mainframe computers to server based applications. Also, this was the period when every office was upgrading every couple of years.
As soon as Y2K was over, combined with a longer life cycle of hardware and software, everything changed in the IT industry. For one thing, my easy living as an IT headhunter got hard. For another, software folks who had been make 100K+ could now only command half of that, and many couldn't find jobs at all.
I guess they should have had a union.
At the time there was an explosion in computer science need generated by Y2K projects, and by a massive shift from mainframe computers to server based applications. Also, this was the period when every office was upgrading every couple of years.
As soon as Y2K was over, combined with a longer life cycle of hardware and software, everything changed in the IT industry. For one thing, my easy living as an IT headhunter got hard. For another, software folks who had been make 100K+ could now only command half of that, and many couldn't find jobs at all.
I guess they should have had a union.