electrical engineer consultant hourly rate

The Australian Financial Review can reveal that for "government and business strategy" consultants, the maximum daily rate ranges from up to $1200 for an analyst through to up to $4000 for a. Working as an Electrical Engineer - Expert/Consultant typically requires 10+ years of related experience. 0000004407 00000 n Industries with the highest levels of employment in Electrical Engineers: Industries with the highest concentration of employment in Electrical Engineers: Top paying industries for Electrical Engineers: States and areas with the highest published employment, location quotients, and wages for Electrical Engineers are provided. If we look at the electronic security engineer salary statistics in United Kingdom as of February 22, 2023, the represented employee makes 35,000; to be more precise pay rate is 2,916.67 per month, 673.08 per week, or 17.29 per hour. For example, a consultant who specializes in short-term projects and offers a fixed fee for services may be more successful than one who charges by the hour. 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. Below is a fee structure for services in Private Professional Consulting Practice. All Rights Reserved. 0000006283 00000 n Step 3: Divide your total by 2,000 hours (which assumes you're working 40 hours per week for 50 weeks). 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc, Construction, Repair & Maintenance Services, Anonymously share your pay to help the community. endstream endobj 629 0 obj <>/Filter/FlateDecode/Index[24 543]/Length 41/Size 567/Type/XRef/W[1 1 1]>>stream : This method is a pricing approach in which the business consultant determines the value of the services to be provided and charges a fee that represents that value. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. The advantages include more accessible communication and more seamless collaboration among the team. Dreiym serves Texas and the surrounding states. 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. My firm explicitly has in the code of conduct that something like this would be a fire-able offense. For example, if your multiplier is 2, and your hourly rate is $150/hr, then your wage would be about $75/hr. I've heard the 2x rule. Consulting engineers on the lower end of that spectrum, the bottom 10% to be exact, make roughly $72,000 a year, while the top 10% makes $131,000. Recently searched related titles: Increasing your pay as an Electrical Engineering Consultant is possible in different ways. For a list of all industries with employment in Electrical Engineers, see the Create Customized Tables function. : A consulting business that specializes in a specific niche or industry can often charge more than those who dont. Electrical Engineer Salary Yearly Weekly Hourly $42,000 - $50,499 1% of jobs $50,500 - $58,999 4% of jobs $59,000 - $67,499 9% of jobs $74,000 is the 25th percentile. 63 Jobs in Reed.co.uk, ranging from 54,050 to 65,095. Get Salary Data on All Global 100 salaries (for 42 job titles) Updated 1/20/2023. Not sure what you are looking for or how to begin? We also provide short circuit analysis. 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. I'm in CO, but we work all over the country so people we hire could be almost anywhere. We put a premium on our clients safety. Youll go straight to an experienced and knowledgeable electrical engineering consultant who is ready to discuss your project. 0000118789 00000 n The estimated hours it will take to complete the project, The location where the project will be completed. These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Engineering Consultant in the United States. The 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. Youll go straight to an experienced and knowledgeable electrical engineering consultant who is ready to discuss your project. . We are able to produce a variety of tests for companies looking for new mitigation studies. Hourly billing rate plus reimbursable expenses and a "not to exceed" amount for specified services (hourly) Per diem (fixed charge per day) Cost plus fixed fee Lump sum or fixed price Salary Cost Times Multiplier Plus Direct Non-Salary Expense (multiplier) 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. As you can see, the average hourly rate varies widely by industry. Goals are generally communicated in solution or project goal terms. : An hourly rate is common for short-term projects or when a client wants to retain control over the projects scope and budget. 0000037371 00000 n We have experienced engineers ready to speak with you about your project. Managing Experience: If you are an Electrical Engineering Consultant The median wage is the 50th percentile wage estimate50 percent of workers earn less than the median and 50 percent of workers earn more than the median. This is often used for longer-term consulting projects. If you are thinking of becoming an Electrical Engineering Consultant or planning the next step in your career, find details about the role, the career path and salary trajectory of an Electrical Engineering Consultant. Engineer, Facility Operations . : Consultants who are in high demand and have limited availability can often charge more for their services. Electrical engineering consulting rates can be determined using any of the following methods: The scope of work and time alone is often inadequate to estimate the cost accurately. How much does a Consulting Engineer make? Most consulting firms will charge you ~140-200/hour for a senior mechanical engineer's time. Therefore, your clients would be billed at $150 - $195 hourly which is in the high range, but about average for specialty engineering such as FEA done by very experienced engineers. AND "Why am I living in SF, where 120k isn't enough?". 0000018559 00000 n : The project rate is determined by the scope of the project and the. Do you think my situation differs from the general? Texas Electrical Engineers Offer Design Services, Arc Flash Mitigation. It's also for a start up with someone I know. I have done side work for very small firms, but just now lined up a short-term contract gig with a name-brand customer. For example, if the project became more in-depth or has some unforeseen details that need attention, someone like McKinsey could simple reassign more or more suitable talent. MI. This is on the gulf coast. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. Engineering, Construction&Consulting Services, A Pennsylvania and Texas Certified DBE, MBE, SBE, and VOSB, Professional, Technical and Consulting Services. 0000062120 00000 n Demonstrate successful history of working in the security integration/consulting system field, with at least five years of security. The estimated total pay for a Electrical Engineering Consultant is $91,161 per year in the United States area, with an average salary of $77,289 per year. The 2022 ACEC-BC Consulting Engineers Fee Guideline is now available! 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). If work is suspended because of lack of payment of invoices, KOH will not be responsible for any damages or delays which may incurred. Strong engineer recruiting skills for Software Engineering, Data Engineering, Electrical Engineering, Mechanical Engineering, Network Engineering, Cloud and IT. The documentation you receive from the contractor may not be complete. We charged $150/hr in Australia. Dreiym provides electrical consulting services in Texas and the surrounding states. r/engineering is a forum for engineering professionals to share information, knowledge, experience related to the principles & practices of the numerous engineering disciplines. Yeah, moonlighting is generally against the rules. Laptop computers and workstations are getting more affordable these days. , In the United States, the applicable taxes for consulting engineers are Medicare, social security tax, state income tax, and federal income tax. If you try a salary rate or wage for across the board you may over or under-charge. If you lose the client, they were never going to pay you a nickel. This will give you more leverage when negotiating with a client. In fact this new job is my first 'serious' contract job, so I'm more worried about your last line. The estimated additional pay is $13,884 per year. Travel expenses are unavoidable when the client or project site is in a different city. 0000007514 00000 n So operating the program isnt an issue. They offer expertise throughout the design process, from the idea phase to implementation and completion. endstream endobj 582 0 obj <> endobj 583 0 obj <> endobj 584 0 obj <>stream Direct labor times multiplier, or (overhead plus profit). Countries. It can be ideal for smaller projects where you only need preliminary design analysis or advice on known technical difficulties. There are plenty of other clients out there who will be happy to work with you. An electrical engineering consultant provides valuable feedback regarding your preferred design. Compensation data tools, salary structures, surveys and benchmarks. %%EOF May provide a leadership role for the work group through knowledge in the area of specialization. The lowest salary for an Electrical Engineering Consultant in United States is $49,532 per year. Typically loaded labour rates are 2.75X to over 3X salary for full time employees with benefits. 0 Industry profile for Engineers, All Other. An official website of the United States government That said, qualifications still matter the most. New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. So, for example, if one were a Computer Science professor, one would base one's consulting rate on the salary of a principal-level software engineer. Electrical building services engineer Bolton salary - 25,000 - 35,000 ref: 23484 an opportunity has arisen for a electrical building services engineer to work alongside a long-established. $200/hr. Otherwise, the consultant will have to take the equipments prices (as well as the cost of operation and maintenance) when determining an hourly rate. The other 67% of your time will be spent building your business, marketing yourself, speaking, etc. The electrical engineer carries out their functions from a purely scientific approach. Structural engineering plans cost around $800 to $3,000 on average. Based on analysis and test results, a consultant can suggest improvements and offer solutions to clients. Hour. The jobs may include the design of electrical or magnetic circuits and the technical control and operation of electrical gear. information you provide is encrypted and transmitted securely. make sure you're on a federal government site. The Time Basis method is recommended when the scope of engineering services is difficult to determine or cannot be determined, is not well defined, or when the consulting firm is not in total control of Aditi Consulting . Search more salaries here: Electrical Engineer - Expert/Consultant Salaries with a Bachelor's Degree, Electrical Engineer - Expert/Consultant Salaries with a Master's Degree or MBA, Electrical Engineer - Expert/Consultant Salaries with a JD, MD, PhD or Equivalent, 10th Percentile Electrical Engineer - Expert/Consultant Salary, 25th Percentile Electrical Engineer - Expert/Consultant Salary, 50th Percentile Electrical Engineer - Expert/Consultant Salary, 75th Percentile Electrical Engineer - Expert/Consultant Salary, 90th Percentile Electrical Engineer - Expert/Consultant Salary, Detailed skills and competency reports for specific positions. 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. If possible, it is best to hire a local electrical engineering consultant. Be ready to pay an hourly rate of $200-300 for their IT consulting services. 0000071570 00000 n Our bill rate includes the following items: 35-45% markup depending on the length of the contract (less markup for longer-term contracts) Markup includes payment of hourly rate to contractor. We can help ensure that the work is done right the first time, so you never have to experience short circuits, arcing, fire, or other electrical damage. We have researched the job market for this profession in detail and derived average values. Contact us today and receive a free quote from a friendly representative. Just in case you need a simple salary calculator, that works out to be approximately $49.36 an hour. (1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. Why do people leave their jobs? Change of employer: The national average salary for an Engineering Consultant is $87,901 per year in Canada. Overall cost for the services provided by mechanical engineers is typically determined using one of the following methods: Direct labor plus non-salary expense for examples travel and sub-consultant Hourly rates Fixed fee Lump-sum Percentage of the total budget 0000031181 00000 n 7 + years experience Almost every consulting firm is a privately owned business and comprises a team of engineers, each with a specific discipline. This post will tell you more about electrical engineering consulting costs, services, and pricing for firms. How much does an Engineering Consultant make hourly in the United States? endstream endobj 579 0 obj <> endobj 580 0 obj <> endobj 581 0 obj <>stream This is with a supplier of electronic devices. 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. 0000004633 00000 n The hourly rates are established by the consulting engineering firm. Transform pay with our enterprise-grade comp platform, Automate compensation with our full-suite solution, Payscale's employer-reported salary data network, The world`s largest employee-submitted pay database, Annual survey salary data from HR industry publishers, The crowdsourced compensation data API for developers, 100% company submitted data from 2,000+ businesses, Schedule a personalized demo to feel the power of Payscale, Find salary information for similar job titles and locations, Comp Planning Business Case Pitch Deck By clicking Download Pitch Deck, you. We pay $150-$200 regularly for engineering consultants who are not in a big firm, sometimes a small firm like one PE and two juniors. How much does an Electrical Engineer - Expert/Consultant make in the United States? Keep in mind that these are just average hourly consulting rates. X9c.ST>^0t[hbR/9D}u32AxK*SbOspA.%SNDrC([XXXXK`!}$?iiYSr1C.\s9rYX^a V+ Good tip; thanks! The range of services they provide and the actual cost of the contract are the results of a negotiation between the client and the electrical engineering consultant. 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 Before sharing sensitive information, 0000014842 00000 n Large-scale IT consultancies often employ hundreds of staff to execute projects ranging from $125,000 to $5 million. 0000059921 00000 n How much does an Electrical Engineer - Expert/Consultant make in the United States? 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 GSA Rate Including IFF C132-51 520 874 Auditor, Lead Bachelors 2 Both Domestic Only $67.94 C132-51 520 874 Auditor, Staff Bachelors 1 Both Domestic Only $52.99 C132-51 520 874 Business Process Consultant (Senior) Bachelors 8 Both Domestic Only $148.21 C132-51 874 Computer Graphics Illustrator High School 3 Both . When you hire an industrial electrical engineer, it helps to have an experienced, skilled professional doing the work. They produce hazardous level of heat, light, and sound. Electrical Engineering Consultants Ensuring Your Electrical and Power Infrastructure is Safe Texas Electrical Engineers Offer Design Services, Arc Flash Mitigation When you hire an industrial electrical engineer, it helps to have an experienced, skilled professional doing the work. : An experienced consultant with an established track record can charge more for their services. The complete list is available in the downloadable XLS files. I would be a one-man show. Level of Education: Gaining advanced degrees Hi Everyone, I am part time CAD Operator for an Electrical Contractor. Im looking to start doing a little freelance drafting on the side. If you are passionate about shaping the world we live in and are ready to reengineer your future, trust the experts at hiring experts.
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