I have an engineering background with 10yrs consulting experience and have seen many
different type of fee structures (fixed project rate, hourly, percentage, profit-share
etc.)
The typical formula for determining rate is 2-3 times salary. The multiplier covers
G&A + a little profit margin.
For example, a salaried employee getting $25/hr is equivalent to a consultant charging
$50-75 or more an hour.
There is a BIG difference between consultant, contract and employee::
- A true consultant is self sufficient, independant of the client and bears their own
infrastructure costs (phone, office space/rent, software, computers & equipment,
invoicing accounting, training etc.);
- Employee gets paid regardless;
- Employees are entitled to holidays, benifits and possibly overtime;
- Employees get training on paid company time;
- Employee assumes little or no liability for their actions (very important
difference);
- Employee doesn't have to worry about all the "other" stuff.
- Contract is somewhere between consultant and employee (big grey area here).
Regards,
- Scott
There is no fixed rate or specific formula, it all depends on the marketplace and
proficiency.
> > This thread has really fired up my desire to go the states.... US$80
> > an hour for php.... daaaaaaaaaaaamn, that's a shitload more than I
> > make here, which is more like US$20/hr
>
> Remember though, if you're on a salary you'll get less an hour for
> ANYTHING (not just PHP) but it'll at least be consistent...
>
> Jason
>
> --
> PHP General Mailing List (http://www.php.net/)
> To unsubscribe, e-mail: [EMAIL PROTECTED]
> For additional commands, e-mail: [EMAIL PROTECTED]
> To contact the list administrators, e-mail: [EMAIL PROTECTED]
>
>
--
--------------------------------------
Scott A. Gerhardt P.Geo.
Gerhardt Information Technologies
[EMAIL PROTECTED]
--------------------------------------
--
PHP General Mailing List (http://www.php.net/)
To unsubscribe, e-mail: [EMAIL PROTECTED]
For additional commands, e-mail: [EMAIL PROTECTED]
To contact the list administrators, e-mail: [EMAIL PROTECTED]
