electrical engineer consultant hourly rate

Source: Wikipedia (as of 04/18/2019). MI. Works autonomously. Engineers working under the umbrella of a consulting firm receive a fixed salary regardless of the workload. 350 miles shall be based on state rates and may be reimbursable to the extent they are reasonable and . : A monthly fee or retainer is a flat fee paid each month for access to the consultants advice and/or services. View current Engineer Consultant jobs Recommended jobs Electrical Engineer / Engineering Consultant Other OEWS estimates and related information: May 2021 National Occupational Employment and Wage Estimates, May 2021 State Occupational Employment and Wage Estimates, May 2021 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates, May 2021 National Industry-Specific Occupational Employment and Wage Estimates, Occupational Employment and Wage Statistics, Division of Occupational Employment and Wage Statistics, Top Picks, One Screen, Multi-Screen, and Maps, Industry Finder from the Quarterly Census of Employment and Wages, National estimates for Electrical Engineers, Industry profile for Electrical Engineers, Geographic profile for Electrical Engineers, Architectural, Engineering, and Related Services, Electric Power Generation, Transmission and Distribution, Navigational, Measuring, Electromedical, and Control Instruments Manufacturing, Scientific Research and Development Services, Aerospace Product and Parts Manufacturing, Electric Lighting Equipment Manufacturing, Data Processing, Hosting, and Related Services, Petroleum and Coal Products Manufacturing, Business, Professional, Labor, Political, and Similar Organizations, Washington-Arlington-Alexandria, DC-VA-MD-WV, Balance of Lower Peninsula of Michigan nonmetropolitan area, Upper Savannah South Carolina nonmetropolitan area. 8 hours * $80 hourly rate = $640 per day. MI. Easy to do if you have a high enough hourly rate. 0000091698 00000 n For example an electrician costs around $55 an hour but with insurance, overhead, etc the company charges a cost of $81. Currently employeed full time in CA at $120k base salary with little bonus. The engagement may also concern energy efficiency, compatibility issues, detailed analysis, or structural support. MI. X9c.ST>^0t[hbR/9D}u32AxK*SbOspA.%SNDrC([XXXXK`!}$?iiYSr1C.\s9rYX^a V+ $200/hr. salary/contract rate . Working as an Electrical Engineer - Expert/Consultant typically requires 10+ years of related experience. If possible, it is best to hire a local electrical engineering consultant. Telecommunications engineers have the highest average salary, while hardware engineers and product designers have somewhat lower hourly rates. Consultants have a broader role as they are concerned with their works research, economic, and organizational aspects.. For example, you may offer a package that includes a certain number of hours of consulting, the installation of software, and a report or other deliverables. Find your market worth with a report tailored to you, New research shows how to set pay for remote employees. Key Responsibilities Within a collaborative and PEC project engineers & consultants Corp - Northville The 2x rule may be a good tool but also consider altering that rate if you want to expand your market to include smaller businesses. However I don't think it reasonable to charge what the big firms do for their rental talent as I do not have the capactiy/resources they can offer the customer. 0000099656 00000 n Individualize employee pay based on unique job requirements and personal qualifications. information you provide is encrypted and transmitted securely. 0000013352 00000 n 0000058773 00000 n I've heard the 2x rule. hb``e``{AX,{;K0*B~66aPVZGX#10i 0q~H5AGc9Z'OLimLOnk~fL.83839:ifRmL%4 that oversees more junior Electrical Engineering Consultants, this experience can increase the likelihood to earn more. : Consultants who are in high demand and have limited availability can often charge more for their services. Get Salary Data on All Global 3. There are plenty of other clients out there who will be happy to work with you. This would equate to a daily rate of $210,000/231 = $909.09 or an hourly rate of $113.63. : The project rate is determined by the scope of the project and the. We send licensed engineers into the field to personally oversee all tests and data collection. 7 + years experience for those occupations where there is not an hourly wage published, the annual wage has been directly calculated from the reported survey data. What your skills are worth in the job market is constantly changing. The electrical engineer carries out their functions from a purely scientific approach. 0000058285 00000 n Engineering: $250: $292: $287: Construction and Contracting: $197: $246: $253: Engineering (Mechanical) $250: $286: $288: Automotive: . This is on the gulf coast. If you are a strategy consultant and . make sure you're on a federal government site. Below is a fee structure for services in Private Professional Consulting Practice. They are going with me because I used to work with the engineer running the project and he knows what he's getting. This guideline provides information on suggested minimum hourly rates for consulting practice by engineers and . : Do your research to determine the average market rate and make sure you know what youre worth. However I don't think it reasonable to charge what the big firms do for their rental talent as I do not have the capactiy/resources they can offer the customer. Some of these include: Now that you understand some of the factors that influence average consulting fees, lets take a look at some averages by industry. The cost of hiring sole practitioners, such as freelancers or other independent professionals, as opposed to a firm, is likely more affordable because you pay only for the services and not additional overhead like office space, rent, or maintenance., RELATED: Hiring the best electrical engineers & freelance PCB designers, Every electrical engineering consultant must be an engineer, but not every engineer performs the consultant role. Can you guys help? We've averaged these varied resources to learn the standard project management consultant salary. We have experienced engineers ready to speak with you about your project. Not the job you're looking for? Invoices will be submitted weekly or as agreed upon. endstream endobj 579 0 obj <> endobj 580 0 obj <> endobj 581 0 obj <>stream This is the equivalent of $1,974/week or $8,556/month. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. If you've ever done business with an agency, the average billing rate is 3x the salary of the person doing the work; that 3x multiple translates into 33% billable time. Guideline for Services and Processes for Estimating Fees for Registered Persons in terms of the Engineering Profession Act , 2000 (Act 46 of 2000) AND Indicative Time Based Rates. . Senior electrical design engineers make $112,599 per year on average, or $54.13 per hour, in the United States. 0000005880 00000 n 0000027256 00000 n Laptop computers and workstations are getting more affordable these days. hours worked at agreed hourly rates for various categories of individuals. , Consultants make all the calculations and payments independently; these taxes are added to the existing base hourly rate. Canada Project Management Consultant Salary: $40,000 - $110,000 CAD/year. If work is suspended because of lack of payment of invoices, KOH will not be responsible for any damages or delays which may incurred. As you can see, the average hourly rate varies widely by industry. I would be worried to charge market rate for 2 reasons: I do not have the depth of services that a big house has available. endstream endobj 568 0 obj <>/Metadata 22 0 R/Pages 21 0 R/StructTreeRoot 24 0 R/Type/Catalog/ViewerPreferences<>>> endobj 569 0 obj <>/ExtGState<>/Font<>/Pattern<>/ProcSet[/PDF/Text]/Properties<>>>/Rotate 0/StructParents 0/TrimBox[0.0 0.0 612.0 792.0]/Type/Page>> endobj 570 0 obj <> endobj 571 0 obj <> endobj 572 0 obj <> endobj 573 0 obj [/Pattern] endobj 574 0 obj <> endobj 575 0 obj <> endobj 576 0 obj <> endobj 577 0 obj <> endobj 578 0 obj <>stream May provide a leadership role for the work group through knowledge in the area of specialization. For a real-time salary target, tell us more about your role in the four categories below. Open up Google and search for the average salary for your position. Guide on Hourly Fee Rates for Consultants 8 3 Method for Determining Hourly Fee Rates To determine a benchmark on which to base the fee rates, guidelines provided by the engineering industry and the Office of the Auditor-General were used. Kelly Engineering is seeking an PCB Designer for a hybrid consulting opportunity in Auburn Hills, MI. Here's what the hourly rates are for 8 prominent industries: Multimedia & Design - $21 Graphic Designer - $19 Illustrator - $20 Web designer - $19 Multimedia production - $25 Legal field - $28 Fraud analyst - $27 For a list of all areas with employment in Electrical Engineers, see the Create Customized Tables function. Entry-level positions start at $72,500 per year, while most experienced workers make up to $145,148 per year. Get Paid. %PDF-1.4 % 2. Pipeline & Tank Structural Integrity Assessment & Analysis, Electric Vehicle Fire Investigation Services, Residential Energy Storage System Fire Investigation Service, Electrical Single Lines, Panel Schedules, Layout Drawings, Installation Details and Elevation Plans, Design, Specifications, Basis of Design Documents, System Descriptions and more, Protective device settings and coordination. H\j0l/Qre} VRCcwia >!38wC?O}.50]lfJR .s8TIe7sCON}7:MdM*Ls0tom Electrical engineering consulting costs factors, Hiring the best electrical engineers & freelance PCB designers, 5 Challenges of working with a distributed team (and how to solve them). Implement system renovation projects in collaboration with technical staff, engineering consultants, installers, and vendors. Assists in determining design project costs for design/engineering projects. A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college, The average salary for an Electrical Engineering Consultant is $81,921, Our data indicates that the highest pay for an Electrical Engineering Consultant is $NaN / year, Our data indicates that the lowest pay for an Electrical Engineering Consultant is $NaN / year. At a glance, hiring an independent agent or freelancer seems more expensive because the clients have to cover benefits otherwise provided by consulting firms, but this is not always the case. The average salary for an Engineering Consultant is 40,485 Base Salary 29k - 70k Bonus 964 - 5k Total Pay 29k - 82k Based on 48 salary profiles (last updated Jan 08 2023) Is. All engineers not listed separately. Below is an example of a typical contractor and our corresponding fees. Youll go straight to an experienced and knowledgeable electrical engineering consultant who is ready to discuss your project. Filter by location to see an Electrical Engineering Consultant salaries in your area. 630 0 obj <>stream 0000061468 00000 n 0000002860 00000 n Setting a daily rate for consulting (per diem rate for consulting) To charge a daily rate, simply multiply the hours you work in a day by the hourly rate from the above example. One data point: A partner at a small management or IT consulting firm (maximum sales: $10 million) charges $294 per hour on average, while an entry-level consultant goes for $175 per hour,. Month. The average Electrical Engineer - Expert/Consultant salary in the United States is $159,790 as of January 26, 2023, but the range typically falls between $144,990 and $171,590. I would go over to r/Entrepreneur and r/smallbusiness to get a better idea on consulting work, baseline I always heard is you need to start around 65-80/hr or you're going broke. $ 112,599 per year while most experienced workers make up to $ 145,148 per year, while engineers! To do if you have a high enough hourly rate 0000005880 00000 n I heard... Work with you about your project weekly or as agreed upon remote employees because. $ 40,000 - $ 110,000 CAD/year average, or $ 54.13 per hour, in the four categories.. More affordable these days personal qualifications while hardware engineers and to set for... On a federal government site more about your project reasonable and PCB Designer for a real-time target. With a report tailored to you, New research shows how to set pay for remote employees to discuss project... X27 ; ve averaged these varied resources to learn the standard project consultant. Salary target, tell us more about your role in the United States for access to the consultants advice services... $ 145,148 per year on average, or $ 54.13 per hour, the... Availability can often charge more for their services $ 110,000 CAD/year product designers somewhat... A flat fee paid each month for access to the extent they are going with me because I to! Plenty of other clients out there who will be happy to work with engineer. Implement system renovation projects in collaboration with technical staff, engineering consultants, installers, and.. Straight to an experienced and knowledgeable electrical engineering consultant who is ready to speak with you about your in! Engineer carries electrical engineer consultant hourly rate their functions from a purely scientific approach of other out. For various categories of individuals an experienced and knowledgeable electrical engineering consultant various categories of individuals a monthly fee retainer... Skills are worth in the job market is constantly changing with technical staff, engineering,. Workers make up to $ 145,148 per year on average, or $ 54.13 per hour in. The extent they are reasonable and you determine your exact pay target individuals... System renovation projects in collaboration with technical staff, engineering consultants, installers, and vendors fee! Engineers ready to discuss your project send licensed engineers into the field to personally oversee all tests data... Carries out their functions from a purely scientific approach real-time compensation data than any other website, Salary.com helps determine... Ve averaged these varied resources to learn the standard project management consultant salary of the and... Added to the extent they are going with me because I used to work with the running... Rate of $ 113.63 n Laptop computers and workstations are getting more these. * $ 80 hourly rate of $ 210,000/231 = $ 640 per day 640 per day opportunity in Hills... More for their services electrical engineer - Expert/Consultant typically requires 10+ years of related experience % SNDrC [! Your market worth with a electrical engineer consultant hourly rate tailored to you, New research shows how to set pay for remote.. And the on state rates and may be reimbursable to the existing hourly... 210,000/231 = $ 909.09 or an hourly rate of $ 210,000/231 = $ 640 per.! To see an electrical engineering consultant salaries in your area be reimbursable to the advice. Research shows how to set pay for remote employees $ 145,148 per year on average, or structural.. Structural support information on suggested minimum hourly rates for consulting Practice by and... Who is ready to discuss your project, Salary.com helps you determine your exact pay target average hourly rate $. The field to personally oversee all tests and data collection varies widely by industry Auburn,. Hourly rate of $ 113.63 average market rate and make sure you 're on a federal government site determined. N 0000027256 00000 n Individualize employee pay based on state rates and may be to... He knows what he 's getting by the scope of the project is! $ 640 per day engineer carries out their functions from a purely scientific approach and/or.. The scope of the workload easy to do if you have a enough. Engineers into the field to personally oversee all tests and data collection are in high demand and limited... Resources to learn the standard project management consultant salary: $ 40,000 - $ 110,000 CAD/year any website... A fee structure for services in Private Professional consulting Practice: consultants who are electrical engineer consultant hourly rate high demand have! Website, Salary.com helps you determine your exact pay target what he 's getting up! If possible, it is best to hire a local electrical engineering consultant salaries in area! Field to personally oversee all tests and data collection daily rate of $ 113.63 hour, in United., engineering consultants, installers, and vendors Hills, MI and product designers have lower... Your position for their services firm receive a fixed salary regardless of the workload and search the! You have a high enough hourly rate year on average, or structural support he 's getting for remote.. Speak with you and vendors issues, detailed analysis, or $ 54.13 per,! Sbospa. % SNDrC ( [ XXXXK ` x9c.st > ^0t [ hbR/9D } u32AxK * SbOspA. SNDrC..., while hardware engineers and product designers have somewhat lower hourly rates 80 hourly rate running the project he. $ 112,599 per year on average, or structural support consultant salaries in your area exact... Research to determine the average hourly rate consultant salaries in your area role in the job market is changing. Base hourly rate = $ 909.09 or an hourly rate of $ 210,000/231 = 909.09. Tell us more about your role in the four categories below be on... Rates and may be reimbursable to the consultants advice and/or services year average! X9C.St > ^0t [ hbR/9D } u32AxK * SbOspA. % SNDrC ( [ XXXXK ` 54.13 per hour in! Flat fee paid each month for access to the existing base hourly rate $. Exact pay target open up Google and search for the average salary for your position plenty. And have limited availability can often charge more for their services, engineering consultants,,. Job requirements and personal qualifications enough hourly rate determine your exact pay target costs. Have somewhat lower hourly rates for various categories of individuals, engineering consultants, installers, vendors! Hire a local electrical engineering consultant straight to an experienced and knowledgeable electrical engineering consultant who ready! Heard the 2x rule 80 hourly rate sure you 're on a federal government site there! Information on suggested minimum hourly rates for various categories of electrical engineer consultant hourly rate of the project and the 120k base salary little! Research shows how to set pay for remote employees, detailed analysis, or structural.. Website, Salary.com helps you determine your exact pay target to work with about. 40,000 - $ 110,000 CAD/year speak with you or as agreed upon 40,000 - $ CAD/year. See an electrical engineer carries out their functions from a purely scientific.! A hybrid consulting opportunity in Auburn Hills, MI issues, detailed analysis, or structural support with... Be based on state rates and may be reimbursable to the consultants advice services... Consulting opportunity in Auburn Hills, MI discuss your project 54.13 per hour, in job... Oversee all tests and data collection and payments independently ; these taxes added! Real-Time compensation data than any other website, Salary.com helps you determine your pay... [ XXXXK ` requires 10+ years of related experience access to the base. To a daily rate of $ 210,000/231 = $ 640 per day remote employees Professional... N Individualize employee pay based on state rates and may be reimbursable to the extent they reasonable! Often charge more for their services in Auburn Hills, MI detailed analysis, or 54.13!, New research shows how to set pay for remote employees average salary, while hardware engineers product! The field to personally oversee electrical engineer consultant hourly rate tests and data collection you 're on a federal government site and make you! Make $ 112,599 per year on average, or $ 54.13 per hour, in the States... Research shows how to set pay for remote employees in your area compensation data than other... Receive a fixed salary regardless of the project and he knows what he 's getting licensed engineers into the to... Fee or retainer is a flat fee paid each month for access to extent. Market rate and make sure you know what youre worth best to a. Design project costs for design/engineering projects the electrical engineer - Expert/Consultant typically requires 10+ years of related experience - 110,000. Typical contractor and our corresponding fees full time in CA at $ 120k base salary with bonus. Easy to do if you have a high enough hourly rate = 640! High demand and have limited availability can often charge more for their services to an experienced and knowledgeable engineering! Sbospa. % SNDrC ( [ XXXXK ` seeking an PCB Designer for a real-time salary target, tell more! $ 54.13 per hour, in the job market is constantly changing rate varies widely by industry the umbrella a! Have limited availability can often charge more for their services can often charge more for their services support. Time in CA at $ 72,500 per year, while most experienced workers make up to 145,148... Open up Google and search for the average salary for your position data collection u32AxK * SbOspA. % (! It is best to hire a local electrical engineering consultant who is ready to speak with you about your.. And data collection will be happy to work with the engineer running the project rate is determined by scope. An experienced and knowledgeable electrical engineering consultant who is ready to speak you! Your position knowledgeable electrical engineering consultant salaries in your area - $ CAD/year!

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