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OE Learning Resources. Dream Job Course: 25 Free eBooks & Manifestos for Business, Marketing, Blogging, Ideas, Productivity and More. Consulting fee rates | Consultant fees. Consulting fees, consulting fees…How do you set consulting fees? Here’s a guide to setting consulting fee rates. (It’s also applicable to those wondering how to set consultancy fees — an independent consultant is still a consultancy and so is a freelancer!) When you become a consultant, you’ll need to set consulting fees. Consulting pay and fees can be worked out in several ways. The main strategies for setting consulting fees include: Doubling/tripling your hourly wageUsing a daily rate for consultingSetting consultant fees by the projectSetting consulting fees based on performanceSetting consultant fees strategically using real-life dataCharging what everyone else chargesMoving to Solution-based Fees (Want even more info?
Main Strategies for Setting Consulting Fees 1. To set fees, some consultants simply take the hourly wage (plus benefits) that they would earn when working on salary for someone else and then double or triple it. 2. 8 hours * $80 hourly rate = $640 per day 3. “Niels! 4.
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