I am a contractor with about 8 years experience as a qa/quality engineer. I am currently in a contract that pays $50 an hour. Am I getting paid the going rate? I do testing of servers/systems and not the gui applications. I also test the server installations. I am employed through a contract company where I have health insurance/401k. Thanks for any help!
Life should NOT be a trip to the grave with the intention of arriving safely in an cool and well preserved body, but rather to skid in, chocolate in one hand, beer in the other, body wrecked, totally worn out and screaming WOO HOO what a ride!
If the contracting company is paying your benefits, then your pay rate would be considered well above average in Central Ohio. Contractors can be paid more, but they have to go independent in order to have the split you enjoy, and would be responsible for their own benefits.
No, you are not getting paid at the going rate - you are well above the going rate. $50 an hour take home with benefits included is an OUTSTANDING rate today. That is $15 to $20 above the current market for the more expensive places in the midwest for a contract that includes benefits. For example, the going rate for QA with experience in Chicago is between $30 and $35/hr, with a cut of your benefits coming out of that. And Chicago has one of the highest rates in the midwest.
The rate you are getting is generally what you would receive if you have to pay your own benefits. Your rate puts you in the same income bracket with IT managers and directors. Consider yourself very, very lucky, and tell me where you work so I can work for them!!