How to calculate your hourly consulting rate. According to the Payoneer survey, which covered 150 countries and over 7,000 freelancers around the world, freelancers on average make $21/hour. Freelance Rate Calculator | Find Your Hourly Freelancing rate - The ... Setting Consultant Fees by the Project. How To Use The Consulting Rate Calculator. There are three main techniques used to decide how much to charge for consulting services: 1. This is basically the form with which your consulting fee will be paid and the most common of them are: Hourly – You get paid by the hour for the IT consultant cost, which is common … This one-of-a-kind package offers help to determine where you should start with your service, a template for your next proposal, and a calculator to help … We will continue to use this formula for different industries and professions within the freelance industry. Using a consulting fees calculator can help you understand how much to charge for your services. As an independent professional, you don't want your rate to be so high that you are not competitive but you also do not want to undersell your expertise. Consulting Fee Rates | Consultant Fees Large-size consulting companies. The remaining two weeks can be used for vacation purposes. To start with, there is the fee structure to think about. Several factors need to be considered: Total years of experience — To the client, this is a rough gauge of competency. First of all, you need to open this freelance rate calculator. Assume the default Independent Consultant Factor number is “1.09”. Let’s suppose you desire a yearly salary of $100,000 and full-time 40-hour workweeks. As a true cost estimator, I will show you how I look at calculating the hourly fee for a freelance consultant. Step #6 – Learn your Effective W-2 Hourly Compensation and Corp-to-Corp Consulting Rate. *results have been multiplied by 1.5 to cover taxes & expenses.