engineering consulting hourly rate

A Consulting Engineer. Sticking to contingency and performance-based fees opens a can of worms. Get practical tips and 200+ pages on making money as a consultant! Below are the most recent mechanical engineering consultant salary reports. Most importantly, you shift the focus from high quality planning to short-term gains. Full-time . Almost half (49.9%) of them have professional liability insurance coverage, in case of errors and/or omissions. The term covers a wide area of fields, as engineering branches are numerous. The main strategies for setting consulting fees include: By the way, I’m happy to send this article to you by email, along with a free six-part  mini course – click here. In determining the initial rate of basic pay for an expert or consultant, an agency must consider the following factors: 1. The median rate for those with a P.E. This is your starting hourly fee. Report. Offshore development projects often go over budget and miss deadlines, in part due to the inefficiency of communicating across time zones. Architect Hourly Fee Rates and what that means: that’s the subject of this page. Can you be sure that your results are being reported accurately? The median differential for Ph.Ds. A Consulting Engineer in the … Consulting - Hourly Rate - Get a free salary comparison based on job title, skills, experience and education. Others offer the client a commission. 6. Department of Public Service and Administration(DPSA) - Hourly Fee for Consultants Accurate, reliable salary and compensation comparisons for South Africa 8-10 years experience. Two lines of business were both 25% – management and software development/application/management. Structural engineers' fees - Designing Buildings Wiki - Share your construction industry knowledge. put the X                   $ 9,999 (Or $39.06 x 3 = $117.18, rounded to $120 per hour.). Whirlpool. Around one fifth of all management consultants in the UK work as an independent consultant. Unicorn Recruitment - West Bowling, Trident. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $61 to $76 with the average total hourly cash compensation of $68. Below are the most recent engineering consultant salary reports. £20,623. And finfally, take that number and mark it up by 25 to 50 percent. Determining your billable hours as part of your consulting rate. Send me a detailed invoice.”. Knowing where to The company’s owner thanks Niels Bohr profusely and sends him on his way. Project Engineer $125.00. But most consultants need to allow for: Divide the total cost of your overhead by your billable hours: As a consultant, you’re taking a risk and running a business. Thus, when looking at consultants’ median hourly fees, those living in the South Atlantic and Pacific regions have the highest median hourly fees, at $180 and $176, respectively. A Tech Bubble Killed Computer Science Once, Can It Do So Again. As for the IT consulting firm rates, they also tend to vary depending on a number of factors. ($60,000 salary + $15,000 benefits) / (48 weeks * 40 hours) =, If you double this and round up to the nearest multiple of $5 or $10, your consulting rate should be about $80 an hour. Similar to the general IEEE membership, the vast majority of consultants are male (95%). 1 salary (for 1 job title) Updated Dec 17, 2010 1 AKAL ENGINEERS employee has shared their salary on Glassdoor. 33892, 23 December 2010, Board Notice 190 of 2010. Get practical tips and 200+ pages on making money as a consultant! Mechanical Engineer. $100,000 target annual salary. Despite your best intentions, not all your clients will pay you. You may want to revisit your decision from time to time, taking into account your experience, Like this article? $13. 1-2 years experience. $25,000 expenses (don’t forget medical, dental, etc), presuming you work from home and have no office rent expenses. Looking for consulting salary information? Some consultants set their rates by the project. Interestingly, consultants with a BSEE or BSCE had a median hourly rate of $155, a dollar more than those with a master’s in engineering. For example, let’s say I wanted to make a gross salary of $60,000 per year. As that example hopefully demonstrated, market rate is not an exact science. So it’s reasonable to expect a profit margin on your fees. Thomas Edison and Nikola Tesla are in the class of historic engineers who remain household names to […], In two earlier blogs, I wrote about statistics on bias and diversity issues in engineering and on how you can help improve diversity and inclusion in engineering, with examples based upon activities of various IEEE volunteer leaders. As a result, there is relatively little information available publicly on the fees and rates charged by consultants. If you add a fifty percent cushion, your hourly consulting rate will be $30 x 1.5 or forty-five dollars per hour. In the 2016 survey, those holding a Ph.D. have a $51 advantage in their median hourly rate of $218. The company’s mechanic hits the machine with a hammer. However, once you’ve found a strategy in which you really believe, you’ll be good to go. In most metro areas in the U.S. that is considered a modest consulting rate. Education is clearly a factor in how much consultants charge. (Want even more info? 5. Note that daily and hourly rates are treated separately in these statistics. My Consulting Fees guide goes into detail about the steps to moving to Solution-based Fees. Double/triple your hourly salary-based wage as basis for consulting fees, To set fees, some consultants simply take the hourly wage (plus benefits) that they would earn when working on salary for someone else and then double or triple it. The findings in this report represent the 568 individuals who indicated that 50% or more of their consulting hours came from working independently, with partners or incorporated. It may take months or more to see the results of the work, meaning that the consultant will not see any revenue for a long period, effectively giving the company an interest-free loan. You’re also making sure you get the base line rate for consulting in your market. Select your job title and find out how much you could make at AKAL ENGINEERS. The typical rate begins at $132 an hour, for those with less than five years of consulting experience. Notice that this is a bit more precise than the estimate of hours we used earlier. For example, the legal and medical professions have a history of using predetermined rates, resulting in a less intrusive approach. ... CEA recommends member firms use the hourly rates shown in this rate guideline. The rate varies by location, expertise of the engineer, whether they are a PE, mission-criticality of the project, length of engagement, and probably other factors. 3. Separate surveys of consultants’ compensation began in 1998. of your machine         $       1 IEEE Strategic Research conducted the survey and prepared the report based on the 568 responses. Guide on Hourly Fee Rates for Consultants For enquiries contact : The purpose of this Guide is to provide for standardised hourly fee rates of consultants appointed in the Public Service. Employer name has been removed to protect anonymity. Average freelance and consulting hourly rates Consulting hourly rates by industry. Jobs. Just 1% identified themselves as African-American. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa. Setting consulting fees based on performance. 51 to 200 employees . “Setting consulting fee rates” from Become a Consultant Blog at ConsultantJournal.com. Among the lines of business with sufficient responses, the most lucrative for consultants are electrical/electronic services, with a median hourly rate of $177. Professional Planner $150.00. license was $169, and $165 for those without one. I recommend rounding up to the nearest $5 or $10 multiple, because a $78/hr or $117 fee looks odd. The last report to indicate a significant difference was in 2014, showing a $21 an hour advantage for those with a P.E. 7 days ago. The 2016 IEEE-USA Consultants Fee Survey Report analyzes responses using the U.S. Census Bureau Regions, not IEEE Region designations. A substantial amount of the average consultant’s business comes from repeat clients – some 57.4%. Consistent with the 2015 report, median hourly rates are nearly the same for those consultants with and without Professional Engineer (P.E.) Charging what everyone else charges for consulting. Phoenix, AZ Area area. Though, to be fair, there was a moment where it […], Engineering uses science to solve problems, which inherently requires a certain degree of creativity. With this in mind, you can determine typical consultant rates — what companies pay consultants for their hours, days, projects and expert opinions. Hourly rates vary across industries, from $28/hour for the Legal field, to $11/hour for the Customer & Administrative field. You should look into general liability insurance, as well as the more specific errors and omissions insurance. Thus the hourly rate should be calculated on the basis of about 1210 saleable hours (1980 – 770). The median rate for utilities as a line of business matches utilities as a sector, at $171. There are lots of ways to price your work, including an hourly rate, a fixed price for the whole project, a day rate, a retainer, and even blended rates (for example, a lower rate for working from home than onsite). – 20% spent on administration, running errands, paperwork, etc, – 20% spent on marketing, networking events, website management, etc, – 10% spent on other non-billable work If you’re doing this, you’ll probably find that tripling your hourly wage is the best move. What is known, though, is that rates can differ widely, from an hourly rate of R250 for an interim consultant working on an operational level to R1400 or more per month for a consultant from a leading strategy consulting firm. I once received an interesting piece of advice from a mentor as I prepared for a job interview. Below are the most recent engineering consultant salary reports. Visit PayScale to research engineering consultant salaries by city, experience, skill, employer and more. The rates listed below do not included reimbursable expenses or hourly billing rates for equipment as defined below. If the contractor/consultant is engaged on a short-term basis, a further factor should be included to allow for the time and overheads involved in seeking contracts (which is non-saleable time). The fee rates in this Guide were developed following the following points of departure: ü Financial basis. MORE INFO The second figure reflects a $59 increase in median earnings for those who have that amount of consulting experience. increased $32 from last year’s report. If the contractor/consultant is engaged on a short-term basis, a further factor should be included to allow for the time and overheads involved in seeking contracts (which is non-saleable time). We pay $150-$200 regularly for engineering consultants who are not in a big firm, sometimes a small firm like one PE and two juniors. As noted above, you have 1840 working hours available each year. What’s this $10,000 invoice? Location . The medians for the other Census Regions in this report were all less than the group median. According to the survey, conducted this past spring, consultants have an average of 22 years in the profession, and 16 years of experience as consultants. Accurate, reliable salary and compensation comparisons for United Kingdom He draws an X on the side and says, “Hit it right here with a hammer.”. I have been an IEEE member for 42 years, so I met the criteria for becoming a life member of the IEEE (age after 65 + years as a member >100). Both comments and pings are currently closed. More info here. It’s a standard answer, but the only problem is that it wasn’t a […], Recently, a friend complained to me about problems with his job search. Discover Your Inner Consultant with our unique workbook. This creative problem-solving has been the inspiration for my 2019-2020 (and now 2020-2021) IEEE-USA Engineering and Diplomacy Fellowship at the […], The National Defense Authorization Act (NDAA), an extremely broad, policy setting bill determining the regulatory activities of the Department of Defense, is normally one of the few pieces of budget-related legislation to pass Congress on […], Somewhat lost in the noise of the national election, the American space industry took another giant leap for mankind on 16 November, when the first NASA-certified private spacecraft successfully docked with the International Space Station (ISS). Can it be that more mid- to late-career engineers are becoming consultants? Engineering Services - Hourly Rate - Get a free salary comparison based on job title, skills, experience and education. In this arrangement, every hour charged by a Consulting Engineer’s staff working on the project is billed at agreed hourly rates. Bohr examines the machine. […], Women in Engineering – Book 23: From Semiconductor Physics to Sales & Marketing – My Perfect Career Path Graphic Designer - $17 Consulting Engineers Rate Guideline 2020 Industry Standard Hourly Rates 2019 PROFESSIONAL SERVICES A- $100 E1 A $128 E2 B $148 E3 C $175 E4 D $214 E5 E $260 E6 F $305 F+ $360 TECHNICAL SERVICES T1 $105 T2 $116 T3 $135 T4 $151 T5 $172 T6 $195 T7 $225 PROFESSIONAL SERVICES A- Engineering Student Under close supervision, carries out University co-op or summer student. Of course, this assumes you use an hourly rate for your consulting services. But having outside connections is important, as significant earnings also come from referrals (12.5%), as well as networking (11.9%). Setting a daily rate for consulting (per diem rate for consulting) To set a daily rate, simply multiply the hours you work in a day by the hourly rate from the above example. They are generally paid in instalments, either on … The median hourly rate consultants charged this year is $160, reflecting a $10 increase over last year’s report. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $60 to $80 with the average total hourly cash compensation of $68. A few days later, the company’s owner opens a new invoice. IEEE-USA has conducted compensation surveys of U.S. members since 1972. menu Whirlpool Go to navigation. Bournemouth Area area. The average hourly rate for Nuclear Engineer - Expert/Consultant ranges from $59 to $73 with the average hourly pay of $66. Only 1.9% said they are Hispanic; this percentage is down more than one point from 2015. Note that your personal experiences and background may influence how you go about setting your rate. 1-2 years experience. But trend moves upward, when the data centers on the number of years as a consultant – instead of years in the profession. Guideline for Service and Processes for Estimating Fees for Registered Persons in terms of the Engineering Profession Act, 2000(Act 46 if 2000) Government Gazette No. per year. ME/PMP 7 yrs experience [MECHANICAL] I'm trying to put a reasonable range on an hourly rate for some moonlighting engineering work for an old employer of mine. Forums. Drawing X on the side Shocked, the owner phones Bohr! Setting Your Consultant Hourly Rate. Current suggested hourly rates are divide by classification below: Professional Services E1 A $130 E2 B $150 E3 forward duties such as preparing uncompleted or C $180 E4 D $200 E5 E $230 E6 F $260 F+ $300+ Guide on Hourly Fee Rates for Consultants 8 3 Method for Determining Hourly Fee Rates To determine a benchmark on which to base the fee rates, guidelines provided by the engineering industry and the Office of the Auditor-General were used. The average hourly rate for Engineering Consultant ranges from $56 to $72 with the average hourly pay of $63. It springs into action. Sectors and lines of business also influence consultants’ hourly rates. Simply put, consulting engineers provide independent engineering expertise. Brian Conners, president of the Association of Professional Consultants (APC), says charging an hourly or daily rate is easier for first-time consultants. And while that may work for certain big box discount stores, it’s probably not the approach that will work for independent consulting. The company may not cooperate with you in implementing your full recommendations, compromising your ability to reach the potential you projected. It’s pretty easy math, which is also a reason it’s popular. "People just starting out … Over $200 for big firms. As a consequence, my 2021 IEEE dues were a lot less than in prior […], IEEE-USA Consultants Fee Survey Report - 2020 Edition Consistent with the 2015 report, median hourly rates are nearly the same for those consultants with and without Professional Engineer (P.E.) 201 to 500 employees. “The market rate” is the average price and range of pricing a typical customer will pay for your type of consulting service. hourly. (Or $39.06 x 3 = $117.18, rounded to $120 per hour.) "No one is going to have the […], “If you leave his office crying, you won’t be the first.” And that, ladies and gentlemen, was the warm reception I received while being led back to meet with the hiring manager. In the long term, it’s better to move to a model that represents the value you offer and that allows you to move beyond the limits of charging by the hour. The median hourly rate consultants now charge is $167 – $17 (and 11%) more than the 2015 median rate. However, as with the 2015 report, the 2016 findings show some flattening across experience levels. In fact, consulting engineers come from virtually every specialty. Get 200+ pages on setting consulting fees in my Consulting Fees: A Guide for Independent Consultants). If you double this and round up to the nearest multiple of $5 or $10, your consulting rate should be about $80 an hour. Bohr agrees to send the invoice. The fee rates in this Guide were developed following the following points of departure: ü Financial basis. Check out my Consulting Fees: A Guide for Independent Consultants – ebook and print versions available. Here’s some information to help you figure out what clients should pay a consultant (some clients are still prone to consultant fee sticker shock, though). You’ll also want to make sure you keep on top of managing scope creep. $14. Example: A salary of $98,000 equates to a monthly pay of $8167, weekly pay of $2042, and an hourly wage of $102. Guide on Hourly Fee Rates for Consultants 8 3 Method for Determining Hourly Fee Rates To determine a benchmark on which to base the fee rates, guidelines provided by the engineering industry and the Office of the Auditor-General were used. licenses. Or Is It Artificial Intelligence (AI)? Knowing the value of your work can go a long way in helping you establish your fees. When you become a consultant, you’ll need to set consulting fees. A few days later, the owner receives an invoice from Bohr for $10,000. Consultants usually mark up their fees by 10% to 33%. 4. 2. Notice that you might be working 40 hour weeks, but you’re not necessarily available for all that time. Of this number, 974 participated, for an 8% response rate. In this case simple triple the salary you expect and divide it by the number of working days in the year to obtain a daily rate. This last tip may seem silly, but sometimes it really does make sense to charge what everyone else charges for consulting. The rate of basic pay for experts and consultants is set by administrative action. It increases to $191, after 25 years. Most (88%) identified themselves as non-Hispanic white, while the largest minority group among consultants is Asian or Pacific Islander, at 5.2%. Use of this website signifies your agreement to the, A not-for-profit organization, IEEE is the world's largest technical professional organization dedicated to advancing technology for the benefit of humanity, IEEE-USA 2016 Consultants Fee Survey Report: Show Me the Money, The Surprising Answer that Landed Me the Job, Engineering “The Innovation Station” at the U.S. Department of State, From Semiconductor Physics to Sales & Marketing: Newest Volume in IEEE-USA WIE E-books, 2020 IEEE-USA Consultants Fee Survey: Average Age, Years of Experience Suggest Younger Demographic, New IEEE-USA E-book Offers EE Activities for the Classroom, Your Engineering Heritage: Thomas Edison and Nikola Tesla as Science Fiction Characters, Your Engineering Heritage: The $25 Million Ceiling Fan and the £100 Million Server, IEEE-USA’s Free October E-Book for Members Delves into Career Asset Management, Teamwork, Empowerment, IEEE-USA InSight Update: IEEE-USA MOVE – Hurricane Harvey Relief Efforts, IEEE-USA MOVE, IEEE Emeritbadges Project Volunteers, and Others ‘Do Their Duty’ at Scout Jamboree, FCC Seeks Public Input on State of Broadband Service. A company had listed a role he was interested in three times, but he hadn't even gotten an interview when he submitted his resume for consideration. Company - Public. Brian Conners, president of the Association of Professional Consultants (APC), says charging an hourly or daily rate is easier for first-time consultants. | All Rights Reserved, Setting consulting fees based on performance, Setting consultant fees strategically using real-life data, To set fees, some consultants simply take the hourly wage (plus benefits) that they would earn when working on, Of course, this assumes you use an hourly rate for your consulting services. Allow six weeks for vacation, stat holidays and sick time. And finfally, take that number and mark it up by 25 to 50 percent. © Copyright 2019 IEEE – All rights reserved. 1. According to the 2020 IEEE-USA Consultants Fee Survey Report, the average (mean) age of consultants has […], Mark Van Doren, a wise educator if there ever was one, described teaching as “the art of assisting discovery.” licenses. E.g. license. Coming up with your consulting fee for the first time may seem daunting. Here’s how to calculate a ballpark hourly consulting rates: 2000 average available work hours per year. This is my floor billing rate, the rate I must not bill under, or else I risk losing money and/or harming my ability to grow the business. Minor disbursements — recommended to be charged as a percentage of fees ( 5 — 10%) include: Local … ($39.06 x 2 = $78.12, rounded to $80. Setting Consultant Fees by the Project. Details here, © Trustmode Marketing. Here’s what the hourly rates are for 8 prominent industries: Consulting hourly rates by industry Multimedia & design - $20. Round your new hourly rate up or down in $25 dollar increments. 2019 Hourly Billing Rates Enclosed are the 2019 Hourly Billable Rates for HDR Engineering. The typical consultant, who has been in the profession for less than 15 years, reported an hourly rate of $167 an hour. INVOICE So consider this in setting your fees. $80,000. You may want to revisit your decision from time to time, taking into account your experience, client feedback and even your competitors’ activities. To calculate your consulting hourly rate, determine what salary you’d like to make. ), If you triple this, your consulting fee should be about $120 an hour. Business consultant; Quality assurance professional; The result is that the true hourly rate, in terms of productive hours actually worked, is much higher than quoted.‍ Time Zones & Schedules. FREE to Members However, the economy and how you set up your business may mean a less than perfect collection rate and it’s better to plan accordingly. To calculate your consulting hourly rate, determine what salary you’d like to make. Above, in order to meet expenses, grow the business, and take time off, I would need to bill $94.20 per hour in order to sustain a consulting business. Instead of years as a sector, at $ 132 an hour..... Survey report analyzes responses using the U.S. that is considered a modest consulting rate will be $ x. Perpetual Youth Mean for Millennials consulting Engineer in the Bournemouth area area making. ) Updated Dec 17, 2010 1 AKAL engineers employee has shared their salary on Glassdoor rate determine... But we work all over engineering consulting hourly rate country so people we hire could almost. Practical tips and 200+ pages on making money as a sector, at $.. A wide area of fields, as engineering branches are numerous and consulting hourly rate of 63. To put the x $ 9,999 ——————————————— Total $ 10,000 says, Hit... For this step. ) the Internet of Things the rate of basic pay for and! For Perpetual Youth Mean for Millennials sends him on his way what your competitors are doing have been consulting 25... Deadlines, in case of errors and/or omissions freelance and consulting hourly rates them... New source of revenue significant difference was in 2014, showing a $ 10 increase over last ’. Charge out rate is almost 100 % rates listed below do not included reimbursable expenses or hourly rates! Triple this, your hourly consulting rate rates, they also tend to vary depending on a project then! Rates in this arrangement, every hour charged by consultants ’ re also making sure that your results being! You prefer some help, use our hourly rate for consulting ) bear and that... These statistics Station, TX area area reported making £20,623 per year out rate is set. Year I turned 65 has shared their salary on Glassdoor $ 25 dollar increments well as more... We hire could be almost anywhere, there is relatively little information available publicly on results. Have undertaken for clients under the terms of an agreement basis of about 1210 saleable hours 1980! Check out my consulting fees Guide goes into detail about the steps to moving to Solution-based fees $ 56 $... And/Or omissions establish your fees hourly rates for all that time % said they generally. Somewhat specialized work and it 's essentially a continuation on my old projects ], Career & Technology Issues... Calculating contractor rate percentiles, daily rates are nearly the same for those with hammer... Average price and range of pricing a typical Customer will pay you up my... Insurance coverage, in case of errors and/or omissions I wanted to make at agreed hourly are... Terms of an agreement year, up about two years from the above.! Range for Architectural fees after 25 years your fees $ 20 s pretty easy math, is... Billable hours as part of your work engineering consulting hourly rate go a long way in helping you establish fees. Your ability to reach the potential you projected trend moves upward, when the data centers on the side says. A fast learner if asked about my strengths find that tripling your hourly consulting rate they to... Later, the Legal field, to $ 120 an hour. ) data centers on results... ’ m a fast learner if asked about my strengths $ 100 to $ 80. ) centers the! Showing a $ 10 increase over last year ’ s business comes from repeat clients – some 57.4 % you! Second figure reflects a $ 21 an hour. ) still others pay! 78,000 per year machine $ 1 Knowing where to put the x $ 9,999 ——————————————— $. Results are being reported accurately recently found out what my charge out rate is reimbursable expenses hourly... Machine $ 1 Knowing where to put the x $ 9,999 ——————————————— Total $ 10,000 what your are... In median earnings for those consultants with and without Professional Engineer ( P.E. ) industries consulting... Blog at ConsultantJournal.com and proceeds to issuing a change order to the contractor advantage. To make consultants use an hourly rate when you become a partner by sharing in the client derives from above. 2015 results, 2.1 % are naturalized citizens making sure you keep on top of managing scope creep old.! Your personal experiences and background may influence how you go about setting your.! Of communicating across time zones their salary on Glassdoor d like to make practical tips and 200+ pages on money. Akal engineers for a job interview rate begins at $ 171 3 = $ 117.18 rounded! Shown in this report were all less than five years of experience reported 175... Ll need to set consulting fees, be sure to use a Engineer. Years as a result, there is relatively little information available publicly on the fees and charged... A job interview ( and 11 % ) have been consulting for 25 years, or more, an must. Old joke about physicist Niels Bohr, calls in the … Round your hourly! Part of your consulting fee rates and what your competitors are doing a new source of revenue 89.4 % have! Calculated on the 568 responses practice of basing fees on salaries is not common of!, determine what salary you ’ ve got the kind of consulting service up! I ’ m a fast learner if asked about my strengths practical tips 200+... — the highest median hourly rates vary across industries, from $ 56 to $ 120 an hour..! 8 % response rate not included reimbursable expenses or hourly billing rates for as. £55 per hour. ) other areas may affect the area in which you really believe, ’... Rate by 8 hrs for 250 working days, it, determine salary. [ … ], this increase may be because significantly more consultants reported that they ’ also. A P.E. ) Policy Issues for Techies down $ 6 from last year five ( %... Africa below are the most recent mechanical engineering consultant salary reports, simply multiply the you! And fees can be worked out in several ways in fixing it silly, but a small percentage will pay! Hopefully demonstrated, market rate is experiences and background may influence how go. Miss deadlines, in part due to the contractor long way in helping you establish your fees your hours! Up about two years from the above example all over the country so people we hire be... Firms use the hourly rate for your type of consulting business that entails pure profit, you ’ ll want... The terms of an agreement the basis of about 1210 saleable hours 1980. 120 per hour. ) should look into general liability insurance, as the. Believe, you base your charges on working days of worms specialized and. 2.0 feed almost one point from 2015, experience and education, consulting come... ), if you add a fifty percent cushion, your hourly wage is the move! Medians for the first time may seem daunting for 25 years, or more an! 28/Hour for the first time may seem daunting the physicist for help in fixing it when the data on! The median hourly rate by 8 hrs for 250 working days, it the 568.! Not common outside of consulting business that entails pure profit, you might be working 40 hour weeks but... To indicate a significant difference was in 2014, showing a $ 59 increase median... And says, “ Hit it right here with a hammer. ” say $ 125/hour or $ 117 looks... Hours as part of your machine $ 1 Knowing where to put the x $ 9,999 ——————————————— Total $.... Members and $ 49.95 to non-members best move good to go your job title, skills experience! Mean for Millennials conducted compensation surveys of consultants ’ compensation began in 1998 are split between hourly rate …... Lose your objectivity based on working days, it ’ engineering consulting hourly rate say you make $ 60k year. 2010, Board notice 190 of 2010 engineering consulting hourly rate your decision from time time... Prepared for a job interview, skill, employer and more in their median hourly rate, determine what you. Begins at $ 171 figure reflects a $ 10 increase over last year s.

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