Looking at expanding into Europe? Wondering what to charge?
Liz Wheeler
Liz Wheeler
Skillfair, a virtual meeting place in the United Kingdom, conducted a survey of consultants in the UK regarding their fees. With 250 responding, following are some of the results.
“Our questions focussed on establishing typical daily rates and also highlighting the highest and lowest rates people have charged,” said Gill Hunt, founder of Skillfair. “We asked people to identify their most common type of client based on size of the client organisation. The majority work mainly for large corporates and medium sized companies, but a substantial minority work almost entirely with sole traders and micro-businesses.”
According to the report, the target client has a clear effect on the fee rates that are charged with medium sized businesses and above scoring an average of £865 per day, whereas smaller businesses pay an average of £520. In specific specialties, subject matter experts averaged £395 per day. Human Resources garnered an average of £670 a day. Trainers charged an average of £777 per day. (At the time of this writing, the pound was worth about $2 USD.)
To request a full copy of the report, email ghunt@skillfair.co.uk