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Need suggestion on contracting rate

1 pointsby pumperalmost 16 years ago
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!)<p>thanks in advance

2 comments

metalacornalmost 16 years ago
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).
mahmudalmost 16 years ago
I charged $150/hr to setup a VOIP server, and $40/day to teach Scheme. What could you possibly triangulate from this?<p>Just know your industry and ask your peers.
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