• I'm happy to introduce the Styleforum Happy Hour, our brand new podcast featuring lively discussion about menswear and the fashion industry. In the inaugural edition, a discussion of what's going on in retail today. Please check it out on the Journal. All episodes will be also be available soon on your favorite podcast platform.

  • STYLE. COMMUNITY. GREAT CLOTHING.

    Bored of counting likes on social networks? At Styleforum, you’ll find rousing discussions that go beyond strings of emojis.

    Click Here to join Styleforum's thousands of style enthusiasts today!

billing vs. earning ratio

MrGoodBytes

Senior Member
Joined
Nov 24, 2010
Messages
412
Reaction score
3
For salary positions, is there any guidelines or unwritten rules on what an employees salary should be versus what theythey have billed out for the company ... more specifically for very specialize software consultants.
 

Milpool

Senior Member
Joined
Jan 30, 2010
Messages
921
Reaction score
0
Depends on size and structure of the company. What kind of resources are needed to support you as a consultant? Office? Marketing people? HR people? Secretary? Computer systems?

All that overhead is coming out of your billable.
 

tj100

Senior Member
Joined
May 4, 2009
Messages
655
Reaction score
14
Depends on a lot of factors, but the guideline I've always used is 3x for a daily rate, 4x for an hourly rate. Usually works out to $1,500 - $2,000/day.
 

gamelan

Distinguished Member
Joined
Jan 29, 2004
Messages
1,823
Reaction score
3
we aim for 4x (consulting arm of a software company).

-Jeff
 

cross22

Distinguished Member
Joined
Dec 26, 2009
Messages
4,546
Reaction score
975
^ Seriously? What is your utilization target?
 

Featured Sponsor

How many pairs of shoes do you own?

  • 1 - 4

    Votes: 16 3.5%
  • 5 - 10

    Votes: 78 16.8%
  • 11 - 20

    Votes: 151 32.6%
  • 21 - 30

    Votes: 77 16.6%
  • 31 - 40

    Votes: 40 8.6%
  • 41 - 50

    Votes: 27 5.8%
  • 51 - 60

    Votes: 16 3.5%
  • 61 - 70

    Votes: 9 1.9%
  • 71 - 80

    Votes: 13 2.8%
  • 81 - 90

    Votes: 4 0.9%
  • 91 - 100

    Votes: 4 0.9%
  • 100+

    Votes: 28 6.0%

Related Threads

Forum statistics

Threads
427,551
Messages
9,200,379
Members
193,188
Latest member
cixniz

Styleforum is proudly sponsored by

Top