Need suggestion on contracting rate

1 pointsby pumper17 anni fa4 comments

While we work on ramping revenue I'm taking on some consulting work. I need to put in a proposal tomorrow. What I'm looking for is reference points for hourly contracting rates. Something like, "I did the following work and charged $x per hour".I'm not too concerned about the type of work done for that rate, as I can triangulate on the right rate for me given enough data points (from generous folks like yourself!)

thanks in advance

4 comments

metalacorn17 anni fa

Well, for a "normal" company, I'd say charge no less than $125 an hour, and negotiate from there based on your need/desire and keeping in mind the state of the economy. Still, unless you want to do them a favor, you need to charge enough so that you're not burned out (working your ft job then burning the midnight oil / working on weekends). "Doing a favor" rates should be more in line with your market hourly rate -- divide your market salary by 2000 hours. Working for less than this is really sketchy, and you should only venture into that territory if there are significant non-monetary bennies coming your way (resume seriously needs the boost, etc).

mahmud17 anni fa

I charged $150/hr to setup a VOIP server, and $40/day to teach Scheme. What could you possibly triangulate from this?

Just know your industry and ask your peers.

pumper17 anni fa

Ye, that helps thanks. Any more data points?

mahmud17 anni fa

Why don't you call Dell, IBM, Sun et al. and become a sales partner? it's the IT equivalent of street-corner pushing and you will learn how much things are worth IRL very quickly.