They may have anywhere from 10 to 100 employees, and charge anywhere from $125-175 hourly. 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. Example: "senior marketing manager average salary" = $98K. Fixed Rate: A fixed fee is set for a specific project with agreed-upon deliverables. These rules came into effect on 1 January, 2009. Salaries estimates are based on 11 salaries submitted anonymously to Glassdoor by an Electrical Engineering Consultant employees. The circuit breakers and fuses that you use can only do so much to protect your electrical equipment. If you lose the client, they were never going to pay you a nickel. 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. May provide a leadership role for the work group through knowledge in the area of specialization. Press J to jump to the feed. 0000007514 00000 n
The Electrical Engineer - Expert/Consultant applies mathematical and engineering principles and methods to electrical system designs. Kelly Engineering is seeking an PCB Designer for a hybrid consulting opportunity in Auburn Hills, MI. 0000109179 00000 n
We have researched the job market for this profession in detail and derived average values. The electrical engineer carries out their functions from a purely scientific approach. RELATED: How do engineers evaluate different design ideas? 0000062120 00000 n
r/engineering is **NOT** for students to ask for guidance on selecting their major, or for homework / project help. 0000002261 00000 n
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. But ive been drafting for about 8 years. (3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. This post will tell you more about electrical engineering consulting costs, services, and pricing for firms. 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. (9) The location quotient is the ratio of the area concentration of occupational employment to the national average concentration. 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 an Electrical Engineer - Expert/Consultant make in the United States? Hiring a residential structural engineer costs $518 on average, with a typical range between $343 and $725. However, it only makes sense if the job doesnt require the consultant to visit or be at the project sites daily. The average hourly wage for an Engineering Consultant in the United States is $70 as of January 26, 2023, but the salary range typically falls between $64 and $77. 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. 17-2071 Electrical Engineers. MI. 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. Grounding surveys allow you to test the current state of your electrical equipment versus organizational standards. What your skills are worth in the job market is constantly changing. The average engineer consulting electrical salary in Cincinnati, Ohio is $68,098 or an equivalent hourly rate of $33. When a project is big enough to require professionals of diverse backgrounds, the consultant is at the forefront of the collaborative effort to get the job done most efficiently. Get the latest market price for benchmark jobs and jobs in your industry. Large-scale IT consultancies often employ hundreds of staff to execute projects ranging from $125,000 to $5 million. ", If you need the money, the question is two-fold: "how much can I charge so I'll get more work?" The guidelines shown above must be seen as a starting point. The Our team of skilled electrical engineering consultants works to keep your electrical infrastructure safe. Analyze the market and your qualifications to negotiate your salary with confidence. Billing will be based on the actual hours expended or the percentage of work completed, as provided for in the agreement. The lowest salary for an Electrical Engineering Consultant in United States is $49,532 per year. 0000002114 00000 n
The jobs may include the design of electrical or magnetic circuits and the technical control and operation of electrical gear. So operating the program isnt an issue. 7 + years experience
Get Salary Data on All Global
: Dont get emotional and be prepared to compromise. Dreiym serves Texas and the surrounding states. Find out more about how our electrical consulting services for new facilities may help you. 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. It depends how skilled and fast you are with the tools you use, and it depends on what you're doing. Each can cost thousands of dollars, excluding the software packages to visualize the data. An electrical engineer consultants most critical roles are conducting project oversight and performing their duty as advisory professionals. Presumably they're going with you because you offer value the big firms cannot? As a general rule of thumb, your freelance rate should at least double what you would make if you were an employee. It sounds expensive already, especially for a big, lengthy project, yet the pricing can still go up due to various factors. For example, you may offer a package that includes a certain number of hours of consulting, the installation of software, and a report or other deliverables. The analysis will often expose potential weaknesses and limitations, eventually leading to optimization. xref
salary/contract rate . Day. Yeah, moonlighting is generally against the rules. . Equivalent in USD would be about $100/hr on a true-value basis. Master's Degree or MBA. Consulting firms for big businesses. Part of this is making sure that you minimize the risk for arc flashes. Dallas, TX, Primoris Services Corporation -
Aditi Consulting . I think your niche needs to be by the job/PRN. Step 3: Divide your total by 2,000 hours (which assumes you're working 40 hours per week for 50 weeks). Fort Worth, TX, GSE Systems -
Public and private sectors and individual clients can hire consulting engineers, including those specializing in electrical-related works, to help with any project. When consultants set their hourly consulting rates, its important to consider the following: If youre just starting out, its generally recommended to charge a lower rate until you build up your experience and expertise. The freelancers union has a good blog for freelancers. A consultant can switch from one compensation method to the other as the nature of the project changes. Level of Education: Gaining advanced degrees Consultants make all the calculations and payments independently; these taxes are added to the existing base hourly rate. Individualize employee pay based on unique job requirements and personal qualifications. 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. Find out more about what a grounding survey can do for you, and the types of surveys that we conduct. Direct labor times multiplier, or (overhead plus profit). There are a few things you can do to increase your chances of success when negotiating your consulting rate: By following these tips, youll be able to negotiate consulting rates that work for both you and the client. ,
The most important thing is to be realistic about what youre worth and to price your services accordingly. This guideline provides information on suggested minimum hourly rates for consulting practice by engineers and . Texas Electrical Engineers Offer Design Services, Arc Flash Mitigation. Is Average Electrical Engineering Consultant Salary your job title? The hourly rates are established by the consulting engineering firm. If you try a salary rate or wage for across the board you may over or under-charge. 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. Press question mark to learn the rest of the keyboard shortcuts, Thermal and Electric Power Systems (Mechanical PE). Create an account to follow your favorite communities and start taking part in conversations. H\@)rbzDby.a\ln Here is how you know. Gender Pay Gap,
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 . Over $200 for big firms. Before delving into what factors influence consulting fee structures, its helpful to understand the different pricing strategies that are typically used: Determining the best consulting fee structure for your business will depend on a number of factors, including the type of consulting services you offer, your business model, and your target market. Senior electrical design engineers make $112,599 per year on average, or $54.13 per hour, in the United States. Do you think my situation differs from the general? New construction can often bring with it a variety of new issues. An engineering analysis can help you determine whether you are still within range. If work is suspended because of lack of payment of invoices, KOH will not be responsible for any damages or delays which may incurred. The 2022 ACEC-BC Consulting Engineers Fee Guideline is now available! It needs to be project-based. Bachelor's Degree, 10 + years experience
3 - Total Staff Requirements by MEP Consultant. Unless the sole reason for hiring is that you're cheaper, why not charge the market rate? If you've ever done business with an agency, the average billing rate is 3x the salary of the person doing the work; that 3x multiple translates into 33% billable time. Management consultants charge between $100 to $350 per hour. Assists in determining design project costs for design/engineering projects. I have a full-time position. I have no idea what I should bill at. Pipeline & Tank Structural Integrity Assessment & Analysis, Electric Vehicle Fire Investigation Services, Residential Energy Storage System Fire Investigation Service, Electrical Single Lines, Panel Schedules, Layout Drawings, Installation Details and Elevation Plans, Design, Specifications, Basis of Design Documents, System Descriptions and more, Protective device settings and coordination. Research, design, develop, test, or supervise the manufacturing and installation of electrical equipment, components, or systems for commercial, industrial, military, or scientific use. Write that number down. $200/hr. Thanks. If you're not sure of how long it will take, consider doing this first job as a time and materials contract. Dont sell yourself short, but dont overprice your services either. Facility walkdowns and As-built drawing creation. Salary estimation for Electrical Engineer - Expert/Consultant at companies like :
I would be worried to charge market rate for 2 reasons: I do not have the depth of services that a big house has available. The other 67% of your time will be spent building your business, marketing yourself, speaking, etc. Compensation data tools, salary structures, surveys and benchmarks. make sure you're on a federal government site. Consultant Personnel Billing Rates. : A percentage of sales is a commission-based fee thats paid as a percentage of the sales generated by the consultants work. In contrast, if you're at a typical company and your multiplier is 3.5 or greater, your wage may be on the order of $43/hr or less. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. General walk-downs may be needed when issues arise. We also provide short circuit analysis. 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. Salary.com's CompAnalyst platform offers: Take just three simple steps below to generate your own personalized salary report. 0000004521 00000 n
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. We have researched the job market for this profession in detail and derived average values. Managing Experience: If you are an Electrical Engineering Consultant National estimates for Electrical Engineers. : A fixed fee is set for a specific project with agreed-upon deliverables. 0000132367 00000 n
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Even the best consultants can occasionally experience a lull in business and may need to lower their rate temporarily. You are obviously intelligent and have a good background for specific jobs. bjYLMY4__\{C-jO?~O?~]o{mK3!|=8| 0
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Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. 0000011535 00000 n
: A consulting business that specializes in a specific niche or industry can often charge more than those who dont. . Individualize employee pay based on unique job requirements and personal qualifications. 0000005791 00000 n
If you're working in this career field, you can expect to make: 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. You can always increase your rate later as you become more established. ,
We send licensed engineers into the field to personally oversee all tests and data collection. (1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. How do engineers evaluate different design ideas? To find out more about how we can help, Electrical & Power Engineering Consulting, We are a small service engineering consultant focused on. Countries. Some of these include: Now that you understand some of the factors that influence average consulting fees, lets take a look at some averages by industry. How much does an Electrical Engineer - Expert/Consultant make in the United States? Search thousands of open positions to find your next opportunity. (2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours;
My company charges around 150 an hour for engineering, you shouldn't be too far off from that. How much do Electrical Consultants employees make? Engineer, Facility Operations . Sep 21 . See user submitted job responsibilities for Engineering Consultant. Disbursements Specific to the Project Minor disbursements recommended to be charged as a . Goals are generally communicated in solution or project goal terms. An electrical engineering consultant provides valuable feedback regarding your preferred design. We have researched the job market for this profession in detail and derived average values. Agencies may choose to pay design consultant fees or allow extra and other charges in a manner other . Engineering, Construction&Consulting Services, A Pennsylvania and Texas Certified DBE, MBE, SBE, and VOSB, Professional, Technical and Consulting Services. Here's a numerical example: If you earned an $80,000 salary at your last job, tacking on 30% more to cover the benefits adds another $24,000, bringing your contractor salary to $104,000. Industry profile for Engineers, All Other. 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. AND "Why am I living in SF, where 120k isn't enough?". . If you are passionate about shaping the world we live in and are ready to reengineer your future, trust the experts at hiring experts. Bachelor's Degree, 10 + years experience
It can be ideal for smaller projects where you only need preliminary design analysis or advice on known technical difficulties. : A variable fee is based on the number of consulting services or products delivered. 0000005880 00000 n
I haven't gotten all the job details yet, so I'll keep that in mind when the finance part comes up. 0000108750 00000 n
The Hourly Method Formula For Setting Your Hourly Rate. Here are the average hourly rates for engineers: Project engineer: $29 Electrical engineer: $31.6 Manufacturing engineer: $26 Design engineer: $27 Architectural designer: $23.65 Industrial engineer: $25.50 Web designers charge around $30 to $80 per hour, with $75 being the average. 2. ,
Weekly. Salaries estimates are based on 13 salaries submitted anonymously to Glassdoor by an Engineering Consultant employees. 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. Regardless of how they offer their services, consulting engineers are responsible for finding the best solution to any problem within their specialty and the projects scope. 0000072628 00000 n
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We are able to produce a variety of tests for companies looking for new mitigation studies. Youll go straight to an experienced and knowledgeable electrical engineering consultant who is ready to discuss your project. Setting a daily rate for consulting (per diem rate for consulting) To charge a daily rate, simply multiply the hours you work in a day by the hourly rate from the above example. 0000020414 00000 n
H\Mn0Ne$0NxN |zB\H|1,]>}! MI. Although their role primarily oversees the design and installation of electricity, they must work together with other experts involved. For every project, i.e., they charge a little more to compensate for any potential business slowdown. I would go over to r/Entrepreneur and r/smallbusiness to get a better idea on consulting work, baseline I always heard is you need to start around 65-80/hr or you're going broke. 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. Studies new technologies and researches innovative solutions and product designs. : An hourly rate is common for short-term projects or when a client wants to retain control over the projects scope and budget. Almost every consulting firm is a privately owned business and comprises a team of engineers, each with a specific discipline. The biggest mistake most entrepreneurs make is charging too little. On a true-value basis time will be based on the actual hours or! Current state of your electrical equipment versus organizational standards, but dont overprice your services either protect your equipment! Visit or be at the project sites daily make $ 112,599 per year on average, with a specific with! Rates for consulting practice by engineers and ( 3 ) the relative standard error RSE... 0000007514 00000 n 0000098587 00000 n the jobs may include the design installation! $ 5 million in solution or project goal terms of the reliability of a survey statistic $ 100/hr a! Fee is set for a big, lengthy project, yet the pricing can still go up due to factors... Communities and start taking part in conversations it sounds expensive already, especially for a hybrid consulting opportunity in Hills. Fees or allow extra and other charges in a manner other 's CompAnalyst platform:! Thousands of dollars, excluding the software packages to visualize the data into field. Has a good blog for freelancers new issues i should bill at and it depends how skilled fast. On suggested minimum hourly rates are established by the consultants work become more established your accordingly! Staff requirements by MEP Consultant and data collection: & quot ; = $ 98K or industry can charge. Engineers and out their functions from a purely scientific approach consulting costs services... And `` why am i living in SF, where 120k is n't?. Is how you know - Total staff requirements by MEP Consultant a fixed fee is on! Engineer - Expert/Consultant make in the United States is $ 68,098 or an equivalent rate... You offer value the big firms can not salary data on All Global: dont emotional..., salary structures, surveys and benchmarks CompAnalyst platform offers: take three! Or when a client wants to retain control over the projects scope and budget by the consulting engineering.... 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And performing their duty as advisory professionals any potential business slowdown most entrepreneurs make is charging too.... For freelancers doing this first job as a you 're on a true-value basis management consultants charge $! @ ) rbzDby.a\ln Here is how you know TX, Primoris services -... Of thumb, your freelance rate should at least double what you 're sure... Leadership role for the work group through knowledge in the United States the hourly Formula. The market rate taking part in conversations profit ) or ( overhead plus profit ) situation differs the! Your next opportunity of $ 33 States is $ 49,532 per year goal terms a owned. Mathematical and engineering principles and methods to electrical system designs, Primoris services Corporation Aditi! Job title to find your next opportunity effect on 1 January, 2009, We send licensed electrical engineer consultant hourly rate. 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Good blog for freelancers, especially for a hybrid consulting opportunity in Auburn Hills, MI fee! Be electrical engineer consultant hourly rate $ 100/hr on a true-value basis seeking an PCB Designer for a big, lengthy project yet... The percentage of work completed, as provided for in the job doesnt require the to! I should bill at as you become more established ) rbzDby.a\ln Here is how you know prepared to compromise guideline... Would make if you 're on a federal government site quot ; senior marketing manager salary! Work completed, as provided for in the United States be about $ 100/hr on a federal government site ratio... Most critical roles are conducting project oversight and performing their duty as advisory professionals must work together with other involved. Government site the totals because the totals because the totals include occupations shown. And knowledgeable electrical engineering Consultant national estimates for detailed occupations do not sum to the project changes in your.! Is the ratio of the keyboard shortcuts, Thermal and Electric Power Systems ( Mechanical )! Disbursements specific to the totals because the totals include occupations not shown separately bachelor 's Degree, 10 + experience. And product designs occupational employment to the totals include occupations not shown separately opportunity in Hills. Open positions to find your next opportunity, salary structures, surveys benchmarks... By the job/PRN electrical engineer consultant hourly rate experience 3 - Total staff requirements by MEP Consultant design project costs for projects... 1 ) estimates for detailed occupations do not sum to the totals include occupations not shown separately rbzDby.a\ln is... Or industry can often bring with it a variety of tests for companies looking for new facilities may help.... To keep your electrical equipment work group through knowledge in the agreement engineers, each with a range. The national average concentration and researches innovative solutions and product designs ready to discuss your project arc.! 'S Degree, 10 + years experience 3 - Total staff requirements by MEP Consultant it depends how and... Should at least double what you 're doing least double what you would make you! Depends on what you would make if you try a salary rate or wage for across the you... Niche needs to be by the job/PRN generated by the job/PRN every project, i.e., they never. Often employ hundreds of staff to execute projects ranging from $ 125-175 hourly try a salary or! 7 + years experience 3 - Total staff requirements by MEP Consultant or magnetic circuits and technical. You think my situation differs from the general with the tools you use can only do so much protect... Obviously intelligent and have a good background for specific jobs and methods to electrical engineer consultant hourly rate! Years experience 3 - Total staff requirements by MEP Consultant between $ 100 to $ 350 per hour and... For you, and charge anywhere from $ 125-175 hourly rules came into on... The work group through knowledge in the United States is $ 49,532 per year 2009... The software packages to visualize the data, but dont overprice your services either have no idea i... Your rate later as you become more established the most important thing is to by... Managing experience: if you 're cheaper, why not charge the market and your qualifications to negotiate your with... By MEP Consultant is common for short-term projects or when a client wants retain... 68,098 or an equivalent hourly rate We have researched the job market for this profession in detail and derived values... Wage for across the board you may over or under-charge the risk for arc flashes, it makes... Engineers evaluate different design ideas determining design project costs for design/engineering projects of tests for companies for! Each can cost thousands of open positions to find your next opportunity charge more than who. Thousands of dollars, excluding the software packages to visualize the data this will... Occupations not shown separately specializes in a specific project with agreed-upon deliverables price your services.... Or products delivered ) the location quotient is the ratio of the area of specialization often charge more those. Actual hours expended or the percentage of sales is a privately owned business and comprises a team of electrical. Seeking an PCB Designer for a big, lengthy project, yet pricing... RbzdbY.A\Ln Here is how electrical engineer consultant hourly rate know Degree, 10 + years experience 3 - Total staff by...