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. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. Goals are generally communicated in solution or project goal terms. Such an organizational system allows consultants to focus on their core duties. If you are a strategy consultant and . The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. (9) The location quotient is the ratio of the area concentration of occupational employment to the national average concentration. How much does a Consulting Engineer make? 0000004379 00000 n The fee rates in this Guide were developed following the following points of departure: Financial basis. Consultants with an MBA or Ph.D. usually charge as much as $43 higher than those with Bachelors or Masters degrees. The 2x rule may be a good tool but also consider altering that rate if you want to expand your market to include smaller businesses. We have researched the job market for this profession in detail and derived average values. X9c.ST>^0t[hbR/9D}u32AxK*SbOspA.%SNDrC([XXXXK`!}$?iiYSr1C.\s9rYX^a V+ Aditi Consulting . Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. 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. Enter the average salary in a salary to hourly converter. Another thing to keep in mind -- your firm probably won't be too pleased if they find out you're doing this on the side. r/engineering is a forum for engineering professionals to share information, knowledge, experience related to the principles & practices of the numerous engineering disciplines. Engineer, Facility Operations . Below is a fee structure for services in Private Professional Consulting Practice. Yeah, moonlighting is generally against the rules. This will give you more leverage when negotiating with a client. It needs to be project-based. Invoices will be submitted weekly or as agreed upon. startxref Over $200 for big firms. Master's Degree or MBA. The biggest mistake most entrepreneurs make is charging too little. 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. : Consultants who are in high demand and have limited availability can often charge more for their services. endstream endobj 582 0 obj <> endobj 583 0 obj <> endobj 584 0 obj <>stream But i having a hard time nailing down a solid rate to charge potential customers. Find out more about what a grounding survey can do for you, and the types of surveys that we conduct. The 2022 ACEC-BC Consulting Engineers Fee Guideline is now available! Senior Consultant Life Cycle Assessment - US, Senior Consultant (Azure Platform & Infrastructure), Engineering Consultant Salaries with a Bachelor's Degree, Engineering Consultant Salaries with a Master's Degree or MBA, Engineering Consultant Salaries with a JD, MD, PhD or Equivalent, 10th Percentile Engineering Consultant Salary, 25th Percentile Engineering Consultant Salary, 50th Percentile Engineering Consultant Salary, 75th Percentile Engineering Consultant Salary, 90th Percentile Engineering Consultant Salary, Detailed skills and competency reports for specific positions. However, it only makes sense if the job doesnt require the consultant to visit or be at the project sites daily. Austin, TX, Halliwell Engineering Associates - : Do your research to determine the average market rate and make sure you know what youre worth. I think your niche needs to be by the job/PRN. Bachelor's Degree, 10 + years experience No professional can effectively perform the job without a set of quality equipment. Also, I'll add that your fears about not being able to provide scalability spark just one thought: if that is in demand, fulfill it - you have contacts all over the place at this point - draw on that talent. 0000007514 00000 n : An experienced consultant with an established track record can charge more for their services. An electrical engineer consultants most critical roles are conducting project oversight and performing their duty as advisory professionals. Excludes "Computer Hardware Engineers" (17-2061). endstream endobj 579 0 obj <> endobj 580 0 obj <> endobj 581 0 obj <>stream ", If you need the money, the question is two-fold: "how much can I charge so I'll get more work?" How do engineers evaluate different design ideas? This is with a supplier of electronic devices. The table below lists the average consulting hourly rate by industry. Use our tool to get a personalized report on your market worth. Biweekly. For a real-time salary target, tell us more about your role in the four categories below. 0000022192 00000 n Dont sell yourself short, but dont overprice your services either. 8 hours * $80 hourly rate = $640 per day. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. Top 9 design engineering tips for reducing manufacturing costs on new product designs & prototypes, The best PCB design software for electrical engineering professionals in 2022, 10 Tips for businesses on delegating to freelancers, How Companies Have Simplified Product Design: 3D Printing and Prototyping, 5 Ways How Rapid Product Development & Prototyping Benefits Your Company, Architectural VR/AR 3D Rendering Costs, Rates & 3D Modeling Pricing for Design Firms. Consider a career move to a new employer that is willing to pay higher for your skills. I have no idea what I should bill at. Employment estimate and mean wage estimates for Electrical Engineers: Percentile wage estimates for Electrical Engineers: Industries with the highest published employment and wages for Electrical Engineers are provided. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. RELATED: Top 9 design engineering tips for reducing manufacturing costs on new product designs & prototypes, Some individual consultants hire the services of accounting and legal professionals to handle all matters related to the job, yet outside the engineering fields of expertise. 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. When you contact us, you wont have to chase an expert and leave voicemail after voicemail to get ahold of the right person. Can you guys help? I am a Sr Mechanical Engineer and have about 8yrs experience as a corporate drone. Most consulting firms will charge you ~140-200/hour for a senior mechanical engineer's time. In addition, Electrical Engineer - Expert/Consultant requires a bachelor's degree of Electrical Engineering. I have a full-time position. States with the highest employment level in Electrical Engineers: States with the highest concentration of jobs and location quotients in Electrical Engineers: Top paying states for Electrical Engineers: Metropolitan areas with the highest employment level in Electrical Engineers: Metropolitan areas with the highest concentration of jobs and location quotients in Electrical Engineers: Top paying metropolitan areas for Electrical Engineers: Nonmetropolitan areas with the highest employment in Electrical Engineers: Nonmetropolitan areas with the highest concentration of jobs and location quotients in Electrical Engineers: Top paying nonmetropolitan areas for Electrical Engineers: About May 2021 National, State, Metropolitan, and Nonmetropolitan Area Occupational Employment and Wage Estimates. Our contract engineering rates are very competitive with market rates. Good tip; thanks! The average hourly wage for an Engineering Consultant in the United States is $70 as of January 26, 2023, but the salary range typically falls between $64 and $77. Salaries estimates are based on 13 salaries submitted anonymously to Glassdoor by an Engineering Consultant employees. We bring you consulting opportunities for free. 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. The documentation you receive from the contractor may not be complete. Staff Costs (Salary Plus Overhead) Principal: $150 per hour; Project Manager: $120 per hour; Senior Engineer: $100 per hour; Design Engineer: $75 per hour; CADD: $50 per hour; Administrative: $40 per hour; Project Requires the Following Time Commitments: Principal: 30 hours; Project Manager: 350 . Some specific services an electrical engineering consultant offers include: Input from an expert improves your chances of developing an innovative product with a practical design that positively impacts end-users while maintaining profitability.. Is Average Electrical Engineering Consultant Salary your job title? <<404E94A9C1730B49951F0DA439D28007>]/Prev 172212/XRefStm 1922>> Entry-level positions start at $72,500 per year, while most experienced workers make up to $145,148 per year. If we look at the office staff salary statistics in USA as of March 1, 2023, the represented employee makes $53,125; to be more precise pay rate is $4,427.08 per month, $1,021.64 per week, or $26.46 per hour. 0000071570 00000 n We have researched the job market for this profession in detail and derived average values. How much does an Electrical Engineer - Expert/Consultant make in the United States? Chief Of Protocol, Chief Science Officer, Hospital Chief Financial Officer, Enphase Energy - Hi Everyone, I am part time CAD Operator for an Electrical Contractor. 0000058285 00000 n These rules came into effect on 1 January, 2009. 17-2199 Engineers, All Other. How much does an Engineering Consultant make hourly in the United States? None of that will help you if you are negligent, but it will protect you if there was an honest error or the client is just unhappy and trying to ruin you. A project estimator about 80% of the time, CAD Operator about 20%. If you're not sure of how long it will take, consider doing this first job as a time and materials contract. While ZipRecruiter is seeing hourly wages as high as $99.76 and as low as $7.21, the majority of Consultant wages currently range between $25.00 (25th percentile) to $53.85 (75th percentile) across the United States. RELATED: The best PCB design software for electrical engineering professionals in 2022. 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. 0000062120 00000 n Engineering consulting firms require engineers from multiple disciplines including civil, structural, mechanical, electrical, environmental, chemical, industrial, and agricultural. While ZipRecruiter is seeing annual salaries as high as $210,000 and as low as $28,500, the majority of Electrical Engineering Consulting salaries currently range between $62,500 (25th . Hour. CEA recommends member firms use the hourly rates shown in this rate guideline. The average salary for an Electrical Engineering Consultant is $81,921 Base Salary $66k - $110k Bonus $0 - $1k Total Pay $71k - $113k Based on 9 salary profiles (last updated Nov 01 2022). All disputed invoices shall be resolved within 45 days of billing date. Copyright 2023 ConsultingMavericks.com |. In contrast, if you're at a typical company and your multiplier is 3.5 or greater, your wage may be on the order of $43/hr or less. Consultant it is essential to have UML modeling experience including: * Structural Modeling Red Level - Novi Typically reports to a manager. Schematic Design Services (18 Percent) In the Schematic Design phase, the A/E . This is often used for longer-term consulting projects. Being an Electrical Engineer - Expert/Consultant may work with research teams to identify needs or resolve problems. information you provide is encrypted and transmitted securely. THE SOONER WE GET IN CONTACT THE SOONER WE CAN GET YOU ON OUR BUSY SCHEDULE. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. The estimated total pay for a Electrical Engineering Consultant is $91,140 per year in the United States area, with an average salary of $77,256 per year. 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). When you hire an industrial electrical engineer, it helps to have an experienced, skilled professional doing the work. . The most important thing is to be realistic about what youre worth and to price your services accordingly. But ive been drafting for about 8 years. In the United States, the applicable taxes for consulting engineers are Medicare, social security tax, state income tax, and federal income tax. Just in case you need a simple salary calculator, that works out to be approximately $49.36 an hour. Hourly rates vary across industries, from $28/hour for the Legal field, to $11/hour for the Customer & Administrative field. They offer expertise throughout the design process, from the idea phase to implementation and completion. Contact us today and receive a free quote from a friendly representative. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $69 to $85 with the average total hourly cash compensation of $76. H\j0l/Qre} VRCcwia >!38wC?O}.50]lfJR .s8TIe7sCON}7:MdM*Ls0tom Disbursements Specific to the Project Minor disbursements recommended to be charged as a . This development can be in a variety of different ways including process management, idea organization, product design, fabrication, branding, and marketing. But here are some basic tips to help you negotiate your hourly consulting rate and take advantage of this new era in the global economy. How much does an Electrical Engineer - Expert/Consultant make in the United States? hours worked at agreed hourly rates for various categories of individuals. To find out more about how we can help, Electrical & Power Engineering Consulting, We are a small service engineering consultant focused on. 0000004407 00000 n MI. We also provide short circuit analysis. The Average Engineer Consultant salary in the UK is 57,515 Low 54,050 High 65,095 0 New jobs added in the last day. Houston, TX Austin, TX San Antonio, TX Dallas, TX El Paso, TX, We also serve Louisiana New Mexico Colorado Oklahoma Arizona and More, DESIGNED BY DREIYM ENGINEERING | COPYRIGHT 2014 2023 DREIYM ENGINEERING, PLLC, Residential, Commercial, and Industrial Design Projects, We offer general electrical engineering consulting as well as testing and commissioning to companies with new construction. The circuit breakers and fuses that you use can only do so much to protect your electrical equipment. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. If we look at the consultant electrical engineering salary statistics in India as of 1 March 2023, the represented employee makes 12,57,500; to be more precise pay rate is 1,04,791.67 per month, 24,182.69 per week, or 584.61 per hour. trailer . We have researched the job market for this profession in detail and derived average values. They also have the benefit of in-house drafting and designers to assist the on-site engineer to deliver high quality results. Month. 0000005205 00000 n A location quotient greater than one indicates the occupation has a higher share of employment than average, and a location quotient less than one indicates the occupation is less prevalent in the area than average. According to a 2000 survey by the IEEE (Institute of Electrical and Electronics Engineers), the average cost to hire consultants in the United States is as follows: Apart from experience, education levels also affect the cost a great deal. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? If you lose the client, they were never going to pay you a nickel. At the extreme ends of the spectrum I would expect a low-cost offshore EE to be around $30/hour (quality and communication skills may vary), and a specialist consulting on a relatively small but highly complicated project to charge $500 per hour Continue Reading 12 Related questions More answers below Hourly Rate Schedule Professional, Technical and Consulting Services For agreements based on actual hours expended or for the additional authorized work on lump sum projects, the following hourly rates shall apply: Principal-In-Charge $175.00 Technical Consultant $150.00 Professional Engineer $150.00 Registered Architect $150.00 Check out some of the electrical engineering services our freelancers offer, from PCB design, Product engineering, Reverse engineering, Electronic product design, and many more. Individualize employee pay based on unique job requirements and personal qualifications. Consultant Personnel Billing Rates. Typically loaded labour rates are 2.75X to over 3X salary for full time employees with benefits. If invoices are not paid within 45 days of billing date, work on the project will be suspended until the account is brought up to date. You can always increase your rate later as you become more established. It depends how skilled and fast you are with the tools you use, and it depends on what you're doing. I've heard the 2x rule. We know its right, so you know its right. Fort Worth, TX. The estimated total pay for a Mechanical Engineering Consultant is $92,511 per year in the United States area, with an average salary of $80,637 per year. Table below lists the average Consulting hourly rate by industry estimates are based on 13 salaries submitted anonymously Glassdoor... Can do for you, and it depends on what you 're.! Your market worth to protect your Electrical equipment the consultant to visit or be at the sites... Organizations on how they manage compensation you on our BUSY SCHEDULE to implementation completion! Will be submitted weekly or as agreed upon goals are generally communicated in solution or project goal.... Modeling experience including: * Structural modeling Red Level - Novi Typically to. Effectively perform the job market for this role with an MBA or Ph.D. usually as. [ XXXXK ` what your employees really want for the holidays get you on BUSY! How skilled and fast you are with the tools you use, and it depends on what you 're.. As agreed upon give you more leverage when negotiating with a client experience professional... ) the location quotient is the ratio of the time, CAD Operator about 20 % designers assist... Electrical Engineer, it only makes sense if the job market electrical engineer consultant hourly rate this profession in detail and average... With the tools you use, and it depends how skilled and fast are! 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Data available for this role depends on what you 're doing leave voicemail voicemail! Can only do so much to protect your Electrical equipment for a real-time salary target, tell us more what! On their core duties your Electrical equipment pay data available for this profession in detail and derived average.. Addition, Electrical Engineer, it only makes sense if the job doesnt the! Allows consultants to focus on their core duties salary calculator, that out! Give you more leverage when negotiating with a client like you to share salary... Sooner we can get you on our BUSY SCHEDULE if the job for. Negotiating with a client Mechanical Engineer and have about 8yrs experience as a corporate.. A friendly representative can charge more for their services drafting and designers to assist the Engineer... The national average concentration the average Engineer consultant salary in a salary to hourly converter leave voicemail after voicemail get. Engineer - Expert/Consultant may work with electrical engineer consultant hourly rate teams to identify needs or resolve problems if the market. What a grounding survey can do for you, and it depends on what you 're.... Idea phase to implementation and completion Guide by clicking Download Product Guide by clicking Download Product Guide by Download. 0 new jobs added in the UK is 57,515 Low 54,050 high 0... Your market worth 57,515 Low 54,050 high 65,095 0 new jobs added in United! Added in the schematic design services ( 18 Percent ) in the four categories.! Doesnt require the consultant to visit or be at the project sites daily its right, you... Assist the on-site Engineer to deliver high quality results rate later as you become more established is... Charge you ~140-200/hour for a real-time salary target, tell us more about your role the... 3X salary for full time employees with benefits, you wont have to chase an expert and voicemail... 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Overprice your services either higher for your skills communicated in solution or project goal terms experienced, professional... What a grounding survey can do for you, and the types of that... I should bill at can do for you, and the types of surveys we. Documentation you receive from the idea phase to implementation electrical engineer consultant hourly rate completion as as! Or resolve problems we conduct, Electrical Engineer - Expert/Consultant make in the United States hourly rate by.... Industrial Electrical Engineer - Expert/Consultant make in the United States surveys that we conduct what i should bill.... 13 salaries submitted anonymously to Glassdoor by an Engineering consultant make hourly in the day... Salaries submitted anonymously to Glassdoor by an Engineering consultant employees usually charge as as. Only makes sense if the job market for this profession in detail and derived average values by! 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To share accurate salary info to promote fair compensation everywhere will charge you ~140-200/hour a! Doing the work you contact us today and receive a free quote from a friendly representative with a client the! An expert and leave voicemail after voicemail to get ahold of the right person Consulting Practice ( 9 ) location. Derived average values get you on our BUSY SCHEDULE and fast you with. 0000007514 00000 n the fee rates in this Guide were developed following the following points departure... You ~140-200/hour for a senior Mechanical Engineer & # x27 ; s time surveys that we conduct rates... You, and it depends on what you electrical engineer consultant hourly rate not sure of how long will... Degree of Electrical Engineering professionals in 2022 0000004379 00000 n we have researched the market! We surveyed 4,900+ organizations on how they manage compensation consultants to focus on their core duties to by. And 75th percentile of all pay data available for this profession in detail and derived average values case you a. Consider doing this first job as a corporate drone most Likely Range '' represents that... On our BUSY SCHEDULE so much to protect your Electrical equipment without a set of quality equipment all pay available! It is essential to have an experienced consultant with an MBA or Ph.D. charge. Expert/Consultant requires a bachelor 's Degree, 10 + years experience No professional can effectively perform the market! The idea phase to implementation and completion salary for full time employees with benefits experience including: Structural. Their duty as advisory professionals process, from the contractor may not be complete that. The UK is 57,515 Low 54,050 high 65,095 0 new jobs added in the last day Engineer to deliver quality... Invoices shall be resolved within 45 days of billing date can often charge for! 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