How much to charge as a freelance consultant (vs annual salary)?

659 views5 repliesLast post: 8/14/2008
How much do you charge as a freelance consultant, vs a normal annual salary? On average, percentage-wise?

Say you made 70k as a full-time employee... how much do you charge the next company who wants to hire you as a freelance consultant? Note that this company has no health benefits for its own full-time employees, though most of them are full-time.
#1
MSchmidt wrote:
How much do you charge as a freelance consultant, vs a normal annual salary? On average, percentage-wise?

Say you made 70k as a full-time employee... how much do you charge the next company who wants to hire you as a freelance consultant? Note that this company has no health benefits for its own full-time employees, though most of them are full-time.

$75US per hour
#2
On Wed, 13 Aug 2008 11:41:06 -0400, "MSchmidt" wrote:

How much do you charge as a freelance consultant, vs a normal annual salary? On average, percentage-wise?

Say you made 70k as a full-time employee... how much do you charge the next company who wants to hire you as a freelance consultant? Note that this company has no health benefits for its own full-time employees, though most of them are full-time.

Then don't go to work for them even as a consultant unless they are going to pay you enough for you to afford insurance.... and decent insurance too.
This BS with companies pocketing the lion's share of the profits all on the pretense that they take all the risks is just that. Unmitigated BS. Employees go out there every day for this guy and risk their health and continued livelyhood without even the slightest protection against injury.... that's risking more for this business than the investors are risking.

Sorry for the rant. I'll hush now.
#3
"John" wrote in message
MSchmidt wrote:
How much do you charge as a freelance consultant, vs a normal annual salary? On average, percentage-wise?

Say you made 70k as a full-time employee... how much do you charge the next company who wants to hire you as a freelance consultant? Note that this company has no health benefits for its own full-time employees, though most of them are full-time.

$75US per hour

Yes...that should give you enough to buy your own benefits, if it's steady.
#4
"MSchmidt" wrote in message
How much do you charge as a freelance consultant, vs a normal annual salary? On average, percentage-wise?

Say you made 70k as a full-time employee... how much do you charge the next company who wants to hire you as a freelance consultant? Note that this company has no health benefits for its own full-time employees, though most of them are full-time.

A good rule of thumb is roughly twice the hourly pay that you received as a full-time employee. Then adjust up or down, based on the market. $70-75/hr sounds about right for the example you give.
#5
$75US per hour is exactly what our rural auto shop charges for labor.
#6