Post # 1
I just got approached about consulting for HR. The position is something I can do nights and weekends to make extra money. The company will need all of their policies, procedures, health care, benefits. etc set up.
How much would you recommend charging an hour? I have no idea and need to give them a price.
Post # 3
I don’t know much about the going rate for HR, but we have some consultants that charge $100/hr as writers. We had a graphic designer that charged $80/hr. Keep in mind they don’t have any benefits. I’m in the Washington DC area and this seems pretty standard. Hope that helps!
Post # 4
@ccflowers- Thanks. It’s in Boston so I guess that would be comparible to DC. I don’t want to charge myself out of the position because it would be nice to make extra money but I don’t want to be too low either.
Post # 5
Have you double checked with your current company/contract on any non-compete clauses?
I think $80-$100/hour seems really reasonable.
Post # 6
Make sure your current company allows this kind of arrangement. Many companies have policies that you must inform them of any other work you are doing so they can ensure it does not directly compete with your work for them.
Post # 7
I dont do consulting but my Future Mother-In-Law does, and she says that 80-100 is about right, since no benefits will be included. She flies out every monday and flies back every thursday and says you can charge more if you have to travel, even if its a drive to another city. excuse the emotion insert….LOL for some reason I can only post when I use an emotion first…
Post # 8
@KatNYC2011- I have a non-compete and I’m not allowed to share trade secrets, but if it’s a second job on my own time and not interfering with my full time job is that an issue?
Post # 9
To be safe, I’d discuss it with someone in HR or legal. It depends on how the non-compete is worded.
Some also state that even if another job doesn’t compete it must be disclosed to the company.
Post # 10
DH does consulting on the side and he charges $120 per hour. He’s a Mac/iPhone/iPad developer so his rates are pretty standard.
Post # 11
realize you will be contract, not w-2 so you will be responsible for the full 15.3% witholding on your taxes (employer usually picks up half, and employee half), so that will be 1099 income. Part of charging more is to cover those costs (and lack of benefits, etc.). As far as pricing yourself out of a job, recognize how much they save by not having an actual employee plus benefits.