#HOURLY LABOR RATE IT CONSULTION HOW TO#

You owe me for the years not the minutes.' Quote more for projects where you consider your service to be delivering greater measurable value to the client even when the time commitment on your side is lower.

#HOURLY LABOR RATE IT CONSULTION HOW TO#

Value pricing: Per the meme in our Facebook group, 'If I do a job in 30 minutes, it's because I spent 10 years learning how to do that in 30 minutes. In other words, quote high to convey that you're a high-value consultant. She told me she was getting 800 USD per day from UNDP HQ. High-value (Veblen-esque) pricing: Or as one IC-Hubber told me once, 'Quote the highest price that you are able to say without laughing'. Predatory pricing: Going in at a lower-than-market rate to 'beat the competition'. A consulting assignment that involves the consultant coordinating a team will likely pay more than an individual consultancy. A one-off or occasional exercise to contract a consultant to develop a long-term organisational strategy may pay more than drafting a regular blogpost. everyday administrative tasks like bookkeeping) may generally pay less than tasks where external expertise is sought because it doesn't exist in the organisation (e.g. 'Impact' or complexity of assignment: Consultancy services which could be carried out by in-house staff but which are outsourced for convenience (e.g. Just like bulk discounts of any kind, you may offer discounts to clients who give you a guaranteed minimum number of working days or the promise of regular work. Length of assignment: You may command a higher rate for shorter consultancy assignments.

In EU development consulting, fees may be based on the number of years of work experience - which they may ask you to prove through work completion certificates or sharing past contracts.

If you are considered an expert in your field, you will likely command higher fees. NGOs based in lower-income countries hiring local consultants will likely pay less than those based in higher-income countries, as rates are also influenced by prevailing domestic market rates.Įxpertise and experience: Your perceived level of expertise and experience relevant to the assignment will influence how much clients are willing to pay. conflict zones) may pay more than those in lower-risk countries. Assignments in higher-risk countries (e.g. Similarly, assignments based in your own country may command lower rates than assignments that bring in international consultants from abroad. Location of assignment: Home-based assignments may (but by no means always) pay less than assignments involving travel, as travel assignments tend to pay per diems (which tend to be high for UN and large institutional donor clients) on top of your fees (NGO clients in the UK often reimburse expenses instead of paying per diems). This 'administrative instruction' from the UN Secretariat in 2013 gives an outdated but interesting overview of UN consulting bands and rates for different skill levels (from 180 USD to 980 USD). I've heard of the World Bank and Swiss development donors paying 800 EUR daily rates and flying consultants business class.

We nonetheless know many small NGOs (in high-income countries) can pay international consultants 300 USD daily rates. International NGOs tend to pay more than national NGOs. Type of client: NGO clients tend to pay less than governments, UN agencies and private-sector clients.

Hourly labor rate it consultion