Currently making 160k annually and looking at an opportunity to be an independent consultant with big pharma. How much hourly rate would YOU ask for to switch such a role?

like
Posting as :
works at
You are currently posting as works at

Depends heavily on expected chargeable hours

The short answer is, "What the market will bear."

If you think you'll only bill an average of 1,000 hours per year, you need to charge 2x what you'd charge to cover your expenses charging 2,000 hrs / yr (need to cover all expenses, including healthcare and retirement contributions).

I'd imagine your current billable rate is probably a ceiling on what you can charge. And ~$160 / hr is probably close to your floor (~double your current hourly wage) if you think you'll be reliably chargeable.

Just making this up as I type, so take it FWIW.

like

And to answer the question you actually asked, I'd ask for $300K / expected chargeable hours.

Related Posts

Any openings for Data Scientist in Jio?

Guys I am on talent pool since last 3 months and I am worried now wrt my job security in the company. I see no open position for india geography in open careers page and not sure if I will get a project any sooner. Should I be worried? Anyone have any idea about globant firing employees on bench?

like

Hello IBMERS,

Can anyone help me know about band 07b in IBM. Designation - Senior Advisory Consultant.


What are the roles and responsibilities for this position?

Bain & Company Does anyone know the updated salary for post grad positions (McK Business Analyst / BCG Associate) in Singapore at MBBs? On Glassdoor I found about 70k base + bonus but I wonder if it is still updated

McKinsey & Company Boston Consulting Group Bain & Company

like

Does SAP SDC renegotiate on the CTC if we have an increased offer from another firm?

like

Trying to restructure the benefit package that is currently being offered at a Construction company. Curious what everyone's standard benefit package includes in detail. TIA

like

I’m chatting with a partner next week about other offers I have from similar top tier firms and whether my current firm can match the signing bonus that I have been offered. I would stay at my current firm if they offer me the same. What is the best way to bring this up in a way that’s most effective and non-offensive?

like
like

Hi,
What is the fixed pay range for Grade 27 in Optum?

like

Information
How variable pay will be paid in wells Fargo... Will I get at least 80%??

I know it based on different factors. But how much does the average performer get??

Can someone help me on this

like

Do you think it's worth rejecting offer of A for offer of B who is paying 2lakh more than A??
(Please note CTC bracket is 11-20)

In both company work profile is same & I don't have idea about work culture as I got mixed review from colleagues.

Interviewing at boomi for a enterprise AE role. What salary range should I expect?

likehelpful

Anyone hiring for entry level risk compliance roles?

like

Hello Folks in UST
I recently got an offer as Automation Tester in UST.
Could you please let me know ,how is the company culture in term of WLB ? Also I want to know about average yearly hike in UST? Do you consider UST as a brand will gonna have impact on Resume?

Looking to apply for venture x before the offer goes away today. Anyone out there willing to share some of their referral bonus? 50 bucks?

like

Senior engineer making 135k and I was offered a promotion to engineering manager after completing a development plan. Near the end of the plan and I expect compensation talks to start soon. Based on some research around Boston and my role in the company, I feel 165k plus 10-15% bonus is fair. Nonetheless, first time going through something like this and asking for thoughts and comments. Thanks!

like

Hi guys, I have a interview in PwC India for Tech Consulting role. Director have asked me to present 2 slides PPT on topic relevant to Consulting.
Please suggest which topic should I choose to present.

like

MTS 1 & 2 salary range
Stack: Salesforce

If anyone can help

like

Hello folks Can someone refer me for the below position in persistent systems? Persistent Systems Persistent Systems Limited

I am serving notice period and left with my last days in np

TIA!

Post Photo

How much % raise they usually offer for the one getting promoted from 601 —> 602?

Also, how much % raise one can ask for?

like

More Posts

Who all attended tc University today in kolkata?

funny

LTI - Larsen & Toubro Infotech is hiring for below multiple #Cloud job profiles.

If anyone interested for below jobs opportunity, Please DM me share your resume to
gupta67222@gmail.com along with below details...!!

First Name:
Last Name:
Mail ID:
JR Code:
Notice Period:
Exp :

*This is only for experienced professionals. Freshers please do not apply*

Need immediate joiners preferred within 0-30 days...!!

Post Photo
like

I love that the Ukrainian Ministry of Defense is quoting Monkey D. Luffy.

Post Photo
likeupliftingfunny

Recommendations for polos/ short sleeve buttons?

Any inexpensive men’s black dress sock recommendations?

Curious to know what companies out there are now 100% remote. Anyone work for a company that is now remote?

Any open scientist positions in Florida ? TIA

like

Hi all, could you please which one is a better option Finestra Pune or JPMC Bangalore
and how expensive Pune to Bangalore any idea

kindly suggest thanks in advance!!

like

What are some exits for someone with IT strategy from consulting?

like

What are big law horror stories that you have heard or experienced in the last 2 years?

like

Struggling with chronic headaches and jaw tension. Any recommendations for specialists in Toronto?
Also curious if anyone has tried botox for those as I’ve heard of it but cautious..

like

Can someone explain how Tier ratings work at Kolkata AC?

How do I make out by reading snapshot what my Tier is? I got most - at grade, does that mean Tier 3/4? Coach keeps saying snapshot and Tier are different, then what is snapshot and what is Tier rating?

I asked the same question to coach multiple times, but never got any clear answer.

like

Making himself at home in my home office!

Post Photo
like

I have 1 yrs 8 months of experience. And Infosys wants two years of experience. Will my offer Lett be rejected. Infosys

like

Let's have a poll on our current work setup!
It's about your current work setup and not about your preferences.

Post Photo
helpfulfunnylikeupliftingsmart

Thinking of an affordable brown leather automatic watch. Thoughts on shinola runwell automatic? Any alternatives you would recommend?

like

How much a 4yrs exp FE developer package should be? Comment down below yours or someone's that you know!

like

Is it worth to resign in this recession time ?

like

Hi everyone, I have 2 years of experience as a front-end developer and am planning to switch, I am targeting only product based companies, I would appreciate the referral or any advice

like

Additional Posts in Consulting Exit Opportunities

Anyone with a tryexponent subscription and willing to share / split?

like

Ah so satisfying to back out of an interview process and just tell the recruiter you are withdrawing application with no reason/explanation

like

I am looking to hire an individual contributor with Supply Chain and BI experience (SQL, Alteryx, Tableau, etc). The role is to support
VP of Supply Chain decsion making process with ad-hoc analysis.

If anyone is interested DM me

likesmart

Anybody at Coinbase? Looking to apply. Would appreciate some tips on applying, interview process, referral etc.

like

How do u research what a good sign on bonus is? Director in non consulting, health care insurance company ?

like

Have an upcoming FB loop interview next week. And today i got reached out for another role that i applied at FB, should i bring this out to the hiring manager during the loop? Wondering if this would make any difference perhaps speeding up the decision process. Any thoughts?

like

I can proudly announce I found an amazing offer after a year long search. It’s with my dream company 🥲 Gonna respond with tips and tricks later after I stop crying. Love you fishies and sending encouragement 💫

Post Photo
likeuplifting

Reposting here:

Hey all! I currently have 2 YOE at Deloitte and have an S& offer for A2. I’m pushing back for A3 level instead. Anyone had any luck negotiating this in the past? Do Experience hires typically come in at A2 instead of A3? Also, was given a sign on of $10k. How does this compare? Thanks in advance! 😊

like

Any insights into what job level code ‘M’ at Abbvie might equate to in more standard terminology? Looking at a role there.

like

Planning to leave my firm for another job? If i started that job while im on the bench here, would my current firm find out?

like

I heard rumours Skip Williamson (founder of Partners in Performance) is the world’s richest consultant because she holds all the equity in her firm - making somewhere north of $30M. Is this true?

like

How important is brand name early on in your career?

like

Would love to hear your best tips for negotiating an offer / what worked for you

like

Has anyone had their recruiter leave the job that they’ve been working with? What happens and does this delay process?

like

Hi all! I will potentially get an offer from LEK and/ or Clearview healthcare soon and would like to start deciding which is best for me. Which do you all think would be best in terms of versatility of projects and exit opportunities, culture and overall experience at the firm? And why? Thanks for the help!

like

Any tips for dealing with extreme anxiousness before hearing back after a final interview? Interviewed late Friday and now all I can think of is wanting to hear back, it’s miserable 😅😣

like

What are the chances of Amazon (or FAANG in general) allowing you to apply/interview again for a position that you did not get in the past?

like

Any suggestions on good exit opportunities from tech consulting to Capital one?
I have 9 YOE with data center migration, operations and cloud experience, AWS cloud cert, MBA and experience leading teams. I'm still very much interested in tech, especially cloud

like

What would be examples of cushy industry jobs with good wlb with 200-300k pay check in finance industry? My work is mostly FS so it seems to make sense that I exit in that direction, but I keep hearing that finance in general is less chill than normal corporate sector jobs. Or is that just for IB/PE/HF?

I would gladly take a head of local bank branch or something as the culmination of my career but I fear that dream is too 1950s

likehelpful

What are similarities of product management versus portfolio project management?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal