Quote from prt_systems:
Tell that to the shops in india doing most of the development work for a variety of wall street firms, and for several large silcon valley firms.
The effective rate of these ventures is between 10.00 and 25.00 dollar per hour US equivalent.
Competing on price ? Ain't gonna happen.
Competing on personal relationships ? Well, only until the board and stockholders catch on and demand you cut expenses to the industry standard ... 85 per hour rates for development, or even project management are largely a thing of the past......