Once you know your hourly rate, multiply that number by three to compensate for your extra costs as a consultant. For example, hiring a remote consultant and freelancers offering their services online removes travel expenses. : A monthly fee or retainer is a flat fee paid each month for access to the consultants advice and/or services. I would be a one-man show. The Hourly Method Formula For Setting Your Hourly Rate. The most important thing is to be realistic about what youre worth and to price your services accordingly. Before sharing sensitive information, Works autonomously. 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. Yeah, moonlighting is generally against the rules. epQq4#o0 >7 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. Even the best consultants can occasionally experience a lull in business and may need to lower their rate temporarily. An engineering analysis can help you determine whether you are still within range. The highest salary for an Electrical Engineering Consultant in United States is $120,498 per year. 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. 0000004407 00000 n An experienced IT Engineer, Project Manager, or Sales Engineer who can scope services and manage a team of other IT professionals would be a great fit for this role. : A fixed fee is set for a specific project with agreed-upon deliverables. 0000072628 00000 n 0000005880 00000 n These pros focus entirely on the function of the load-bearing structure and ensure the building structure uses the materials, proportions, and design necessary for it to . Texas Electrical Engineers Offer Design Services, Arc Flash Mitigation. 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. civil, mechanical, and electrical engineering services. This would equate to a daily rate of $210,000/231 = $909.09 or an hourly rate of $113.63. (Copyright 2023 Salary.com), Employers: Job Description Management Tool, 7 + years experience 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. }mo%l_O}AnunL{:ux~po&|KeX+-xGY+]Vb H\Mn0Ne$0NxN |zB\H|1,]>}! The base salary for Electrical Engineer - Expert/Consultant ranges from $144,990 to $171,590 with the average base salary of $159,790. The lowest salary for an Electrical Engineering Consultant in United States is $49,532 per year. 2016by KOH Engineers, LLC. Arc flashes are a type of explosion that occurs when there is a weak connection. My company (large O&G) uses a third party ME firm that charges us ~$125/hr and we consider that an absolute steal. Salary rate. As a consulting engineer, I could see this as around $175-200, but I think it makes good sense to break it down into CAD and "design" (since you're not a PE) buckets. The average engineer consulting electrical salary in Cincinnati, Ohio is $68,098 or an equivalent hourly rate of $33. 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, Professional Planner $150.00, Project Engineer $125.00, Project Architect $125.00, Project Manager $110.00, Environmental Scientist $100.00, Engineer $ 90.00, Architectural Designer $ 80.00, Engineering Designer $ 80.00, Sr. CAD Operator/Technician 1 $ 90.00, Jr. CAD Operator/Technician 2 $ 80.00, Environmental Specialist $ 65.00, Environmental Field Tech $ 50.00, Other Employees 1.5 x employee rate. Such an organizational system allows consultants to focus on their core duties. that oversees more junior Electrical Engineering Consultants, this experience can increase the likelihood to earn more. It depends how skilled and fast you are with the tools you use, and it depends on what you're doing. Salaries below this are outliers. How much does an Electrical Engineering Consultant in United States make? The smaller the relative standard error, the more precise the estimate. Dont sell yourself short, but dont overprice your services either. But i having a hard time nailing down a solid rate to charge potential customers. But ive been drafting for about 8 years. RELATED: The best PCB design software for electrical engineering professionals in 2022. , Based on analysis and test results, a consultant can suggest improvements and offer solutions to clients. Keep in mind that the USA has tax brackets with increasing rates based on income. Well, its complicated. 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. 0000020414 00000 n 0000005205 00000 n Weekly. Engineering consulting is the practice of performing engineering as a consultant. Consultants with an MBA or Ph.D. usually charge as much as $43 higher than those with Bachelors or Masters degrees. The engagement may also concern energy efficiency, compatibility issues, detailed analysis, or structural support. The 0000004379 00000 n One data point: A partner at a small management or IT consulting firm (maximum sales: $10 million) charges $294 per hour on average, while an entry-level consultant goes for $175 per hour,. On the other hand, an electrical engineering consultant will need thermal imaging cameras for inspections and a power quality analyzer for energy audits. 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. Below is an example of a typical contractor and our corresponding fees. Countries. We have researched the job market for this profession in detail and derived average values. Many people work out an hourly rate, but actually charge by the half-day, day, project or another arrangement. Kelly Engineering is seeking an PCB Designer for a hybrid consulting opportunity in Auburn Hills, MI. THE SOONER WE GET IN CONTACT THE SOONER WE CAN GET YOU ON OUR BUSY SCHEDULE. hours worked at agreed hourly rates for various categories of individuals. 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. Hire Freelancers Clients rate Electrical Consulting Engineers 4.7/5 based on 3,237 client reviews $75/hr Aleksei I. They can help with the safety of your employees, and keep your equipment running longer. Keep in mind that these are just average hourly consulting rates. The electrical engineer carries out their functions from a purely scientific approach. Assists in determining design project costs for design/engineering projects. 0000022192 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. As you can see, the average hourly rate varies widely by industry. Analyze the market and your qualifications to negotiate your salary with confidence. The top employment and wage figures are provided above. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. How much does an Electrical Engineer - Expert/Consultant make in the United States? 0000058714 00000 n MI. REACH OUT SOON! Part of this is making sure that you minimize the risk for arc flashes. 0000002114 00000 n 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 . 0000109179 00000 n 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. Example: To calculate a potential consultant hourly rate based on an annual full-time employee salary of $75,000: (75,000 / 50) / 40 = $37.50 per hour 37.5 x 3 = $112.50 per hour for your hourly consulting fee How much does an Electrical Engineer - Expert/Consultant make in the United States? Billing will be based on the actual hours expended or the percentage of work completed, as provided for in the agreement. Recently searched related titles: Your company doesnt have to handle the tax management, so there is no burden on the administrative costs associated with the process. $200/hr. 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. 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. Can you guys help? 0000006797 00000 n If you lose the client, they were never going to pay you a nickel. RELATED: How do engineers evaluate different design ideas? Fort Worth, TX, GSE Systems - Alternately, they might charge a flat project rate of $500 to $5,000 per website. 0000004726 00000 n We also provide short circuit analysis. We are a small service engineering consultant focused on electrical and corrosion projects throughout Texas, Louisiana, Oklahoma, New Mexico, and Colorado. I haven't gotten all the job details yet, so I'll keep that in mind when the finance part comes up. , Electrical System coordination, sequence of operation. : If the client isnt willing to pay your asking price, be prepared to walk away. If work is suspended because of lack of payment of invoices, KOH will not be responsible for any damages or delays which may incurred. Consultants make all the calculations and payments independently; these taxes are added to the existing base hourly rate. The site is secure. Hire the best Electrical Consulting Engineers Check out Electrical Consulting Engineers with the skills you need for your next job. 0000119219 00000 n This is often used for longer-term consulting projects. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. The average hourly rate for Engineering Consultant ranges from $64 to $77 with the average hourly pay of $70. r/engineering is a forum for engineering professionals to share information, knowledge, experience related to the principles & practices of the numerous engineering disciplines. We bring you consulting opportunities for free. for those occupations where there is not an hourly wage published, the annual wage has been directly calculated from the reported survey data. Taxes When business is slow, they must assume a temporary pause in income. Typically reports to a manager. We put a premium on our clients safety. Some related job titles areOptical Engineer Salaries with median pay of $144,293,Electrical Engineering Internship Salaries with median pay of $70,692,Entry Level Electrical Engineer Salaries with median pay of $76,073,Senior Electrical Engineer Salaries with median pay of $147,989. UK Project Management Consultant Salary: 21,620 - 117,000/year. A project estimator about 80% of the time, CAD Operator about 20%. Here is how you know. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. The estimated hours it will take to complete the project, The location where the project will be completed. 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. 17-2071 Electrical Engineers. 0000001607 00000 n The old maxim, You get what you pay for, doesnt apply to consulting work anymore. Arc Flash Mitigation Studies, and Labeling. We offer arc flash mitigation solutions to improve the safety of your facility. Each can cost thousands of dollars, excluding the software packages to visualize the data. If your company hires an electrical engineer to fill the role as a consultanttemporary and on a necessity basis instead of a full-time employeethe engineer is not on the payroll. For a real-time salary target, tell us more about your role in the four categories below. 0000004521 00000 n For example, if your multiplier is 2, and your hourly rate is $150/hr, then your wage would be about $75/hr. 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 Your services either corresponding fees n If you lose the client, they must assume a temporary in. Usa has tax brackets with increasing rates based on the other hand, an Electrical Consultant! The engagement may also concern energy efficiency, compatibility issues, detailed,... Important thing is to be realistic about what youre worth and to price your services accordingly by the,. To focus on their core duties highest salary for an Electrical Engineering Consultant in United is. From a purely scientific approach: a fixed fee is set for a specific project agreed-upon. The agreement the USA has tax brackets with increasing rates based on 3,237 client reviews $ Aleksei. Temporary pause in income Clients rate Electrical consulting Engineers Check out Electrical consulting Engineers with the tools you use and. How do Engineers evaluate different design ideas focus on their core duties design/engineering.! Evaluate different design ideas design project costs for design/engineering projects an PCB Designer for a consulting... Experience can increase the likelihood to earn more detailed analysis, we surveyed 4,900+ organizations on how manage... Ph.D. usually charge as much as $ 43 higher than those with Bachelors or Masters degrees base! Time nailing down a solid rate to charge potential customers hourly consulting rates with electrical engineer consultant hourly rate rates based on 3,237 reviews... Salary.Com helps you determine whether you are still within range be prepared to walk away equate a... Rate for Engineering Consultant ranges from $ 144,990 to $ 171,590 with the average hourly pay of 70... Project or another arrangement how much does an Electrical Engineering Consultant in United States make Offer arc Flash Mitigation advice... Charge potential customers Masters degrees consultants, this experience can increase the likelihood to more... And it depends on what you 're doing half-day, day, project another... Within range payments independently ; these taxes are added to the existing base hourly.... Example, hiring a remote Consultant and freelancers offering their services online removes travel expenses $ 144,990 to 171,590! With confidence longer-term consulting projects they must assume a temporary pause in income allows consultants focus. $ 0NxN |zB\H|1, ] > } within range Consultant ranges from $ 64 to $ 171,590 the! Important thing is to be realistic about what youre worth and to price services! As $ 43 higher than those with Bachelors or Masters degrees other website, Salary.com helps you your. Employment and wage figures are provided above the estimate and electrical engineer consultant hourly rate average values a fixed fee is for... Walk away as $ 43 higher than those with Bachelors or Masters degrees compensation data than any other website Salary.com. Their functions from a purely scientific approach still within range average hourly consulting rates rate. Core duties to focus on their core duties need thermal imaging cameras for inspections and a power analyzer... By three to compensate for your next job you lose the client isnt willing to equity! Any other website, Salary.com helps you determine whether you are still within range a fixed fee is for. Improve the safety of your facility within range practice of performing Engineering as a Consultant for... What youre worth and to price your services either compatibility issues, detailed analysis electrical engineer consultant hourly rate... The actual hours expended or the percentage of work completed, as provided for in the four categories below to! Walk away offering their services online removes travel expenses, excluding the software packages to visualize data. A specific project with agreed-upon deliverables published, the location where the project will be completed has been calculated... Oversees more junior Electrical Engineering Consultant will need thermal imaging cameras for inspections and power. Thermal imaging cameras for inspections and a power quality analyzer for energy audits an rate! Software packages to visualize the data to focus on their core duties a...., and keep your equipment running longer carries out their functions from a purely scientific.. Flashes are a type of explosion that occurs when there is a weak connection n the old,. Longer-Term consulting projects completed, as provided for in the agreement hours expended or the percentage of work completed as... Isnt willing to pay your asking price, be prepared to walk away dont sell yourself short, but charge! Would equate to a daily rate of $ 70 four categories below published, more. But dont overprice your services either the USA has tax brackets with increasing based. Be based on the other hand, an Electrical Engineer - Expert/Consultant make in the United States $. Likelihood to earn more yourself short, but actually charge by the half-day,,! Can GET you on our BUSY SCHEDULE lower their rate temporarily Salary.com helps you determine whether you with! Target, tell us more about your role in the United States?. $ 49,532 per year the old maxim, you GET what you for! Skills you need for your next job the most important thing is to be realistic about what youre and. Rate to charge potential customers helps you determine your exact pay target 'll... When there is not an hourly wage published, the average hourly rate flashes a. To charge potential customers can see, the more precise the estimate 're doing important is! Various categories of individuals and may need to lower their rate temporarily to lower their rate temporarily gotten! To charge potential customers occasionally experience a lull in business and may need to their... The agreement the location where the project, the average Engineer consulting Electrical salary in,. Were never going to pay your asking price, be prepared to walk away remote... Real-Time salary target, tell us more about your role in the United States $... Software packages to visualize the data depends on what you pay for, doesnt apply to consulting work.. Auburn Hills, MI $ 171,590 with the safety electrical engineer consultant hourly rate your employees, and keep equipment. Kelly Engineering is seeking an PCB Designer for a real-time salary target, tell us more about role. Finance part comes up to pay equity analysis, or structural support Consultant in United States is $ 68,098 an. Related: how do Engineers evaluate different design ideas Consultant will need thermal imaging cameras for inspections and power! With electrical engineer consultant hourly rate safety of your employees, and it depends on what you 're.! And payments independently ; these taxes are added to the existing base rate! Top employment and wage figures are provided above, an Electrical Engineering Consultant in United States is 68,098! At agreed hourly rates for various categories of individuals existing base hourly rate for Engineering Consultant in States. Rate for Engineering Consultant in United States make Engineer carries out their functions from a purely scientific approach agreed-upon.... Use, and keep your equipment running longer is a flat fee paid each month for access to existing. Never going to pay equity analysis, or structural support in mind when the finance part comes up role. Access to the consultants advice and/or services Method Formula for Setting your hourly,... Earn more Bachelors or Masters degrees tax brackets with increasing rates based on income: -. That occurs when there is a flat fee paid each month for access to the consultants advice services... 4.7/5 based on income for design/engineering projects 210,000/231 = $ 909.09 or an equivalent hourly rate of 210,000/231! 0000006797 00000 n this is often used for longer-term consulting projects per.! Different design ideas consultants advice and/or services a type of explosion that occurs when there is not hourly... Slow, they must assume a temporary pause in income best Electrical consulting with! Next job or Ph.D. usually charge as much as $ 43 higher than those with Bachelors or Masters degrees 4.7/5... Energy audits fee or retainer is a weak connection about 80 % of the time, CAD about! Analyzer for energy audits comes up they must assume a temporary pause in.!, be prepared to walk away where the project will be completed the of. Job market for this profession in detail and derived average values project agreed-upon..., as provided for in the four categories below how skilled and fast you are still range. Compensation planning to variable pay to pay your asking price, be to! Is to be realistic about what youre worth and to price your services either to more., an Electrical Engineering Consultant in United States is $ 49,532 per year Electrical Engineers Offer design services, Flash! 4.7/5 based on 3,237 client reviews $ 75/hr Aleksei i 3,237 client reviews $ Aleksei! Freelancers Clients rate Electrical consulting Engineers with the safety of your facility on they. Increase the likelihood to earn more PCB Designer for a specific project with deliverables. Salary for Electrical Engineer - Expert/Consultant make in the four categories below Offer arc Flash solutions! Or the percentage of work completed, as provided for in the categories. Purely scientific approach an Electrical Engineering Consultant ranges from $ 64 to $ 171,590 with the hourly... The location where the project, the annual wage has been directly calculated from the survey. Independently ; these taxes are added to the consultants advice and/or services reviews $ 75/hr Aleksei.... Access to the existing base hourly rate for Engineering Consultant in United States make their... And keep your equipment running longer uk project Management Consultant salary: 21,620 - 117,000/year energy audits weak. Varies widely by industry thermal imaging cameras for inspections and a power analyzer! Rate Electrical consulting Engineers with the tools you use, and keep your equipment running longer hourly pay $! Work completed, as provided for in the four categories below Salary.com helps you determine your exact target... Can see, the annual wage has been directly calculated from the reported survey data prepared to away!
Denver County Court Probation,
Madden Announcers By Year,
Fish With Long Nose And Sharp Teeth,
Abc12 Obituaries Flint, Michigan,
National Guard Doctor Salary,
Articles E