Consultancy.uk | UK consulting industry platform How to calculate your rates as an HR consultant 3 Ways to Calculate Your Billing Rate for Consulting Services In other words, you must know your minimum hourly rate. Freelancing & Consulting Average Hourly Rates (2021) Your baseline cost for the $95K employee is now $50/hours; your cost for the $70/hour consultant is $137,200 per year. This is illustrated in the graphic below: If your goal is to make $58,000 a year, here is how you'd use the formula to find an hourly rate: $58,000 / 2,000 = $29/hour. According to the Payoneer survey, which covered 150 countries and over 7,000 freelancers around the world, freelancers on average make $21/hour. Freelance Rate Calculator | Find Your Hourly Freelancing rate - The ... This is the most common starting point for calculating a billing rate. Consulting fee rates | Consultant fees Example: To calculate a potential consultant hourly rate based on an annual full-time employee salary of $75,000: 37.5 x 3 = $112.50 per hour for your hourly consulting fee. Consulting Fees Guide: How Much To Charge For … It is based on a 52-week year.
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