Originally Posted by
abhijit
There are two kinds of projects.
1> Time & Management projects where the resources are managed by the client. The rate is charged based on the number of resources allocated to the client. The client manages the resources. If a resource is not available for a certain period of time, the client does not pay for that period. The rate depends on the technology the resource, knows. This keeps changing. For instance java programmers are less paid than someone's who's configuring Siebel.
2> Service Level Agreement project where the client defines the objective and the management is done at offshore. These projects are more lucrative, but they also carry a lot of penalties. There's always some bickering over some feature at the end of the day.
Most rates are now calculated based on length of contracts. The longer the period, the lesser the rate. In either case it is definitely more than $6.00 per hour.