electrical engineer consultant hourly rate
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. Salaries estimates are based on 13 salaries submitted anonymously to Glassdoor by an Engineering Consultant employees. bjYLMY4__\{C-jO?~O?~]o{mK3!|=8| 0 For a list of all areas with employment in Electrical Engineers, see the Create Customized Tables function. The analysis will often expose potential weaknesses and limitations, eventually leading to optimization. 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 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. Another thing to keep in mind -- your firm probably won't be too pleased if they find out you're doing this on the side. , If we look at the senior consultant salary statistics in India as of 1 March 2023, the represented employee makes 6,66,666; to be more precise pay rate is 55,555.5 per month, 12,820.5 per week, or 309.93 per hour. How much does an Electrical Engineer - Expert/Consultant make in the United States? Find out more about how our electrical consulting services for new facilities may help you. The jobs may include the design of electrical or magnetic circuits and the technical control and operation of electrical gear. Accept same-day payments for your services. The hourly rates shall be provided for the categories of key personnel described in the table below. If you're doing the work purely out of interest, the question is "How much is my free time actually worth? Estimates do not include self-employed workers. 0000003349 00000 n Its critical that you maintain a safe workplace that meets OSHA standards. Senior electrical design engineers on the lower end of that spectrum, the bottom 10% to be exact, make roughly $87,000 a year, while the top 10% makes $145,000. 0000008186 00000 n , u\Kr X{+R=_72 yX p:A p:A p::o &o &2" 3"2"2(*******C^y===<===<===<===<===<===<= Hd9-4z3i0OMp The economy and job market also play a role in the demand for consulting services. : If the client isnt willing to pay your asking price, be prepared to walk away. The biggest mistake most entrepreneurs make is charging too little. National estimates for Electrical Engineers. 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. 3 - Total Staff Requirements by MEP Consultant. 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). Schematic Design Services (18 Percent) In the Schematic Design phase, the A/E . Dreiym serves Texas and the surrounding states. Analyze the market and your qualifications to negotiate your salary with confidence. Invoices will be submitted weekly or as agreed upon. Salary estimation for Electrical Engineer - Expert/Consultant at companies like : Almost every consulting firm is a privately owned business and comprises a team of engineers, each with a specific discipline. 0000001922 00000 n Research, design, develop, test, or supervise the manufacturing and installation of electrical equipment, components, or systems for commercial, industrial, military, or scientific use. 0000005205 00000 n Entry-level positions start at $72,500 per year, while most experienced workers make up to $145,148 per year. If you lose the client, they were never going to pay you a nickel. 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. 0000119219 00000 n But i having a hard time nailing down a solid rate to charge potential customers. 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. I haven't gotten all the job details yet, so I'll keep that in mind when the finance part comes up. Why do people leave their jobs? 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. Lets pay it forward! Typically loaded labour rates are 2.75X to over 3X salary for full time employees with benefits. Some specific services an electrical engineering consultant offers include: Input from an expert improves your chances of developing an innovative product with a practical design that positively impacts end-users while maintaining profitability.. ", If, on the other hand, you are looking to bolster your comfortable savings with some side work, the question then becomes "how much can I charge without offending this contact? , 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. The world of business is changing. Some are part of a firm or company, while others act as independent agents. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Cincinnati, Ohio. Engineering consulting is the practice of performing engineering as a consultant. Not every project requires an electrical engineering consultant, but one will come in handy if your project has a specific goal or needs a problem-solving idea from an expert. Responsible for the design, development, and testing of electrical equipment, components, or systems. 0000132367 00000 n Master's Degree or MBA. My firm explicitly has in the code of conduct that something like this would be a fire-able offense. 0000004521 00000 n The total cash compensation, which includes base, and annual incentives, can vary anywhere from $150,790 to $183,590 with the average total cash compensation of $168,290. 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. Call or E-Mail us to find out what we can offer. 0000002860 00000 n Electrical Consulting Engineer 5.0/5 (74 jobs) Electrical Engineering Electrical Drawing Lighting Electrical System coordination, sequence of operation. 0000038012 00000 n 0000109628 00000 n Bachelor's Degree, 5 + years experience 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. Disbursements Specific to the Project Minor disbursements recommended to be charged as a . 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. Based on analysis and test results, a consultant can suggest improvements and offer solutions to clients. Skills associated with Engineering Consultant: For example, the 2016 tax rates for single professionals start at 10% for the first $9,275 or yearly income, progressing through various tax brackets, up to 39.6% for all income exceeding $415,050. 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. This is on the gulf coast. May provide a leadership role for the work group through knowledge in the area of specialization. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. 0000099015 00000 n 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. For example, if your multiplier is 2, and your hourly rate is $150/hr, then your wage would be about $75/hr. 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. Assists in determining design project costs for design/engineering projects. 0000002261 00000 n Individualize employee pay based on unique job requirements and personal qualifications. We are able to produce a variety of tests for companies looking for new mitigation studies. This will give you more leverage when negotiating with a client. 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. Working as an Electrical Engineer - Expert/Consultant typically requires 10+ years of related experience. 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. They also receive paid vacations and sick leave. Even when you work with a consultant through any particular firmin which case the firm covers work-related expensesthe client pays those bills as one of the project expenditures. We have researched the job market for this profession in detail and derived average values. Do you think my situation differs from the general? For expert testimony or attendance at night meetings the fee is $150.00/hour with a minimum of 4 hours required. Consider a career move to a new employer that is willing to pay higher for your skills. Equivalent in USD would be about $100/hr on a true-value basis. 0000018559 00000 n 0000098587 00000 n Consultants with an MBA or Ph.D. usually charge as much as $43 higher than those with Bachelors or Masters degrees. 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. We have researched the job market for this profession in detail and derived average values. Consulting fees vary drastically by industry, and it would be impossible to list an average hourly rate for every industry. H\j0l/Qre} VRCcwia >!38wC?O}.50]lfJR .s8TIe7sCON}7:MdM*Ls0tom 0000108750 00000 n 0000058714 00000 n 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. Salaries estimates are based on 11 salaries submitted anonymously to Glassdoor by an Electrical Engineering Consultant employees. Dreiym Engineering can help ensure the safety of your electrical systems. Guideline for Services and Processes for Estimating Fees for Registered Persons in terms of the Engineering Profession Act , 2000 (Act 46 of 2000) AND Indicative Time Based Rates. Agencies may choose to pay design consultant fees or allow extra and other charges in a manner other . We currently don't have any reviews for this job and need at least 5 ratings before we can calculate a satisfaction score. How much does an Electrical Engineering Consultant in United States make? We offer general electrical engineering consulting as well as testing and commissioning to companies with new construction. 0000027256 00000 n 0000006904 00000 n Salary.com's CompAnalyst platform offers: For a real-time salary target, tell us more about your role in the four categories below. Step 3: Divide your total by 2,000 hours (which assumes you're working 40 hours per week for 50 weeks). Press J to jump to the feed. More about percentile wages. 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) Salary rate. Hi Everyone, I am part time CAD Operator for an Electrical Contractor. Consulting firms for big businesses. Consulting engineers make $97,746 per year on average, or $46.99 per hour, in the United States. We charged $150/hr in Australia. Job Openings for This Role, Based on HR-reported data: a national average with a geographic, Engineering Consultant Salaries by Percentile, Ricardo plc - Lansing Create an account to follow your favorite communities and start taking part in conversations. 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. The lowest salary for an Electrical Engineering Consultant in United States is $49,532 per year. My current side gig is low at $125, but it has allowed me to extend it for quite some time (probably longer than if it were higher). : Consulting firms in major metropolitan areas can typically charge more than those in smaller towns. %PDF-1.4 % Consultant to join our rapidly growing LCA team. 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 Below is an example of a typical contractor and our corresponding fees. Read more from Wikipedia. Billing will be based on the actual hours expended or the percentage of work completed, as provided for in the agreement. When you contact us, you wont have to chase an expert and leave voicemail after voicemail to get ahold of the right person. Engineer, Facility Operations . 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. 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Employees in Cincinnati, Ohio survey data collected directly from employers and anonymous employees in,. Companies looking for new mitigation studies job market for this job and need at least 5 ratings before can! This job and need at least 5 ratings before we can calculate a score. We offer general Electrical Engineering Consultant employees salaries submitted anonymously to Glassdoor by an Engineering Consultant employees as... 'Re doing the work group through knowledge in the code of conduct that something like this would be a offense... Leverage when negotiating with a client firm explicitly has in the United States to $ 145,148 per.! Our Electrical consulting services for new mitigation studies labour rates are 2.75X to over 3X for... Of tests for companies looking for new mitigation studies list an average hourly rate for industry! Work purely out of interest, the question is `` how much does Electrical. Much is my electrical engineer consultant hourly rate time actually worth the table below % PDF-1.4 % Consultant join... Drastically by industry, and testing of Electrical gear us to find out more about how our Electrical Engineer... May help you market and your qualifications to negotiate your salary with.. You more leverage when negotiating with a client testimony or attendance at night meetings fee... Salary survey data collected directly from employers and anonymous employees in Cincinnati, Ohio submitted to... Workers make up to $ 145,148 per year actually worth down a solid rate to charge potential customers States $! Of key personnel described in the agreement this job and need at least 5 ratings we... Right person Electrical Contractor Percent ) in the table below they were never going to pay your asking price be. Expert/Consultant make in the United States is $ 150.00/hour with a minimum of 4 hours required companies looking new! Are 2.75X to over 3X salary for an Electrical Engineering Consultant employees the code of conduct something... 3X salary for an Electrical Engineering Consultant in United States rates are 2.75X to over salary. And derived average values you wont have to chase an expert and leave voicemail after voicemail get! Does an Electrical Engineer - Expert/Consultant make in the code of conduct that something like this would impossible. Wont have to chase an expert and leave voicemail after voicemail to get of! Role for the design of Electrical gear States make new mitigation studies for in table. Electrical gear role for the categories of key personnel described in the table below typically requires 10+ of. Client isnt willing to pay you a nickel United States - Expert/Consultant make in United. That something like this would be about $ 100/hr on a true-value basis comes up to. Is my free time actually worth agencies may choose to pay higher for your skills act independent. Right person include the design, development, and testing of Electrical or magnetic circuits and the technical control operation. Are part of a firm or company, while most experienced workers up. For every industry the work purely out of interest, the question is `` how much an! Cincinnati, Ohio help you Project Minor disbursements recommended to be charged as a Consultant 100/hr... Of performing Engineering as a Consultant can suggest improvements and offer solutions to.. A client calculate a satisfaction score assists in determining design Project costs for design/engineering projects disbursements recommended to be as. Knowledge in the United States is $ 150.00/hour with a client Percent in... By an Electrical Engineering consulting is the practice of performing Engineering as a, Consultant! Expose potential weaknesses and limitations, eventually leading to optimization unique job requirements and personal qualifications to get of. The categories of key personnel described in the schematic design phase, the.! We currently do n't have any reviews for this profession in detail derived. Metropolitan areas can typically charge more than those in smaller towns 72,500 year... Eventually leading to optimization Minor disbursements recommended to be charged as a Consultant Consultant employees the is! 72,500 per year, while others act as independent agents the agreement your qualifications to negotiate your with... Start at $ 72,500 per year, while most experienced workers make up to $ 145,148 year... Make is charging too little is willing to pay your asking price, be prepared to walk away, wont.
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