"Experienced COBOL programmers can earn more than $100 an hour when they get called in to patch up glitches, rewrite coding manuals or make new systems work with old." Any contract-based engineer would charge that, or more, regardless of the language. Fortune 500 companies are happy to pay $300 / hour to a consulting company for engineering time.
Banks scramble to fix old systems as IT 'cowboys' ride into sunset
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Re: Banks scramble to fix old systems as IT 'cowboys' ride into sunset
#12Re: Banks scramble to fix old systems as IT 'cowboys' ride into sunset
#13From the article "Experienced COBOL programmers can earn more than $100 an hour" In Australia that's a lot, but my understanding is that it's common for American developers to be on way more than this...
Re: Banks scramble to fix old systems as IT 'cowboys' ride into sunset
#14From the article "Experienced COBOL programmers can earn more than $100 an hour" In Australia that's a lot, but my understanding is that it's common for American developers to be on way more than this...
You can charge that much to hack on Wordpress in the US
(read: most hosting companies effectively 'hack on wordpress' for you for free from most companies as a 'support option')
Also fyi, you can generally charge "that much"(as much as the US) elsewhere assuming you're proficient in english.
Re: Banks scramble to fix old systems as IT 'cowboys' ride into sunset
#15Cobol expert = $1,000 an hour rate. Great niche, but eventually will get replaced. Awesome marketing and PR for his company Cobol Cowboys ( http://cobolcowboys.com . > His wife Eileen came up with the name in a reference to "Space Cowboys," a 2000 movie about a group of retired Air Force pilots called in for a trouble-shooting mission in space. The company's slogan? "Not our first rodeo."
They still teach COBOL and RPG at my old tech school. Went through the class and the tech behind the old mainframes are actually pretty neat. multi CPU processing, dynamically choosing which resources to use, easily transferring work to other machines and how everything works together so tightly. Just a lot of concepts that are getting 'rediscovered' instead of just looking at systems older than me (properly the same…
Re: Banks scramble to fix old systems as IT 'cowboys' ride into sunset
#16Re: Banks scramble to fix old systems as IT 'cowboys' ride into sunset
#17From the article "Experienced COBOL programmers can earn more than $100 an hour" In Australia that's a lot, but my understanding is that it's common for American developers to be on way more than this...
Re: Banks scramble to fix old systems as IT 'cowboys' ride into sunset
#18The problem is technical debt. Banks didn't realize they were software houses, they thought that IT was a tool.
Re: Banks scramble to fix old systems as IT 'cowboys' ride into sunset
#19Cobol expert = $1,000 an hour rate. Great niche, but eventually will get replaced. Awesome marketing and PR for his company Cobol Cowboys ( http://cobolcowboys.com . > His wife Eileen came up with the name in a reference to "Space Cowboys," a 2000 movie about a group of retired Air Force pilots called in for a trouble-shooting mission in space. The company's slogan? "Not our first rodeo."
It's going to be funny when we replace it with Java and our business guys ask why it runs much slower.
Re: Banks scramble to fix old systems as IT 'cowboys' ride into sunset
#20From the article "Experienced COBOL programmers can earn more than $100 an hour" In Australia that's a lot, but my understanding is that it's common for American developers to be on way more than this...