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06.26.2008 at 03:35PM PDT, ID: 23520080
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9.0

How much to charge per hr for consulting

Asked by krazykoder in Miscellaneous

Hello,

I am currently searching for a new job and not working atm.
A former employee has contacted me about a possible consulting position for a project.
I want to come up with a fair rate, I don't want to take advantage of them (too much :), but I am really worried giving them too good of a deal.

The work is industry specific so that makes me attractive to them.  I can hit the ground running.
They would most likely need to pay a company more for someone without the experience I have in the business domain.

Is there a good formula I can use to come up with the proper rate?
like add 25% to my normal annual slary or something like that?

If I take the gig I will need to commit for at least 3 months and maybe 6.  If i do that I am losing the chance of taking a full time position that may come along.  I feel like I should do more than just break even from what my normal salary would be after everything is all said and done (taxes, etc).  Plus i wont have benefits etc, so need to factor that in.  If its a break even situation I may as well find permanent employment now.

For arguments sake lets say my last salary was 88K a year.  
What should i charge per hour?

Thanks!

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[+][-]06.26.2008 at 05:03PM PDT, ID: 21880044

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[+][-]06.26.2008 at 07:54PM PDT, ID: 21880699

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[+][-]06.27.2008 at 02:17AM PDT, ID: 21881945

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Zone: Miscellaneous
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Solution Provided By: Admin4XP
Participating Experts: 3
Solution Grade: A
 
 
[+][-]06.27.2008 at 09:31AM PDT, ID: 21885428

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