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First, I'd like to say that all things are negotiable. The Standard Rate Schedule below is based on my cost structure, typical utilization rate and the prevailing market for the type services that I provide. Issues such as the amount of travel required, people I'd be working with, the technical or organizational challenge posed by the project, organizational/political potential for success or failure and the growth potential of the technology or organizational concept being implemented all play a role in the negotiation. The Standard Rate Schedule is a guideline and reflects my preference for longer, local assignments (i.e. 32% discount for assignments approaching full-time that don't have substantial travel requirements). STANDARD RATE SCHEDULE:
Note: Contracts may be written at discounted fees. However, early termination of the contract by the Client will require that the Client pay for all hours worked based on the Standard Rate Schedule as determined by the number of hours worked prior to early termination.
TRAVEL
When comparing your hourly costs to the hourly costs of bringing in a consultant, calculate your true cost of having an employee on the payroll to do the work including an employee productivity factor and compare that hourly figure to the hourly rate of the consultant or contractor. Typically, if you are comparing "apples-to-apples", the consultant's hourly rate should be 15-40% higher than your true internal costs for the same resource. This figure represents the premium that you will pay for the availability of a scarce temporary resource and the consultant's operational overhead and profit.
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