As cloud and mobile projects thrive and a growing number of companies lean on tech consultants to help manage their expanding technology needs, the law of supply and demand continues to exert upward pressure on these contractors’ earnings and hours worked. Our latest analysis of U.S. Bureau of Labor Statistics’ data pegged the average hourly salary for tech consultants at an all-time high, hitting $42.17 in February. The same goes for these tech pros’ hours worked, which increased to 38.8 hours per week, also an all-time high. Every day we hear from more companies who are turning to consulting companies and independent consultants to help harness the opportunities available in the new tech age through analytics and data, infrastructure flexibility and making internal and external applications easy to use. (Click to Tweet the data) At a time when consultants are in tremendous demand, two questions loom as mission critical for the HR leaders going through work force planning exercises:
- How to pinpoint the best and brightest of what’s sure to be a growing pool of technology-talent-for-hire?
- What to pay these valuable professionals?