Question for businesspeople.
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Question for businesspeople.
A museum asked me for a quote on metalwork classification, per DAY. Metalwork classification is an extremely rare but not super in-demand service.
I offered €1300 per DAY including social security contributions, but not including sales tax. They found this astonishingly expensive and turned my offer down. (I had miscalculated -- what I intended would have worked out to €900.)
In your line of business, is €1300 per DAY for a consultant seen as expensive?
@mrundkvist No. A specialist PhD in biotech would typically charge upwards of $200 per hour, so $1600 per 8-hour day. In some circles even that would be cheap.
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@mrundkvist För en anställds lön skall du lägga till x 1,33 för att beräkna kostnaden för arbetsgivaren. EUR till SEK står i 10,79 just nu.
@mrundkvist 600 EUR per dag motsvarar 800 SEK/dag. Timtaxa är bättre än dagstaxa.
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@3ntangled.bsky.social
Tack!Att jag tillhandahåller en extremt sällsynt tjänst betyder ju tyvärr inte att jag kan ta ut ett högt arvode när kunderna är få och penningsvaga.
Jag bad dem tala om vad de tycker vore rimligt.
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I'm uncertain what's a reasonable multiplier when you're a briefly hired consultant as opposed to a salaried employee.
A €1300 daily bill would represent the same net takings as five days' salary if I were employed at a museum.
@mrundkvist When was doing tailored seminars, the discounted price for the short 4 -5 hour duration was in that ballpark, incl sales taxes, and this was 15 years ago.
Services are expensive when you don’t have them in-house. I would say a minimum of a
2,5 multiplier, compared to a regular wage. -
@mrundkvist When was doing tailored seminars, the discounted price for the short 4 -5 hour duration was in that ballpark, incl sales taxes, and this was 15 years ago.
Services are expensive when you don’t have them in-house. I would say a minimum of a
2,5 multiplier, compared to a regular wage.@tokeriis Thank you!
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I'm uncertain what's a reasonable multiplier when you're a briefly hired consultant as opposed to a salaried employee.
A €1300 daily bill would represent the same net takings as five days' salary if I were employed at a museum.
Judging from people's responses, the rate I offered was pretty normal for a rare speciality senior consultant in some businesses, just not in the one I'm actually in.
Five times the daily net salary is of course dependent on the fact that we have super low salaries in archaeology.
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Question for businesspeople.
A museum asked me for a quote on metalwork classification, per DAY. Metalwork classification is an extremely rare but not super in-demand service.
I offered €1300 per DAY including social security contributions, but not including sales tax. They found this astonishingly expensive and turned my offer down. (I had miscalculated -- what I intended would have worked out to €900.)
In your line of business, is €1300 per DAY for a consultant seen as expensive?
@mrundkvist That's expensive at my level but about what is charged a level up from me.
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Question for businesspeople.
A museum asked me for a quote on metalwork classification, per DAY. Metalwork classification is an extremely rare but not super in-demand service.
I offered €1300 per DAY including social security contributions, but not including sales tax. They found this astonishingly expensive and turned my offer down. (I had miscalculated -- what I intended would have worked out to €900.)
In your line of business, is €1300 per DAY for a consultant seen as expensive?
@mrundkvist Our small software company charges exactly that - ok, 1250 € per day - for consultant work and adoptations of our standard software for special client needs. Located in Germany, with a somewhat specialized profile (we do software für publishing companies).
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Question for businesspeople.
A museum asked me for a quote on metalwork classification, per DAY. Metalwork classification is an extremely rare but not super in-demand service.
I offered €1300 per DAY including social security contributions, but not including sales tax. They found this astonishingly expensive and turned my offer down. (I had miscalculated -- what I intended would have worked out to €900.)
In your line of business, is €1300 per DAY for a consultant seen as expensive?
My general rule of thumb for consulting work is to take the typical annual salary for a full-time employee in the position and multiply by .0015 to get the hourly consulting rate. Daily rates are 8x that value.
Using my formula in reverse, your €1300/day ask works out to an annual salary figure of almost €110,000. Not sure what folks in your field make on average.
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@mrundkvist We usually count hourly but I'll multiply with 8 as well.
Junior: 80€ = 640
Senior: 110€ = 880
Specialist/expert: 140€ = 1120These are totals, excluding VAT, as invoiced by your own business entity.
I don't know what your line of work is, but 140€ an hour charge-out for an expert/specialist sounds ridiculously cheap to me.
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My general rule of thumb for consulting work is to take the typical annual salary for a full-time employee in the position and multiply by .0015 to get the hourly consulting rate. Daily rates are 8x that value.
Using my formula in reverse, your €1300/day ask works out to an annual salary figure of almost €110,000. Not sure what folks in your field make on average.
@hal_pomeranz Wow that's massively underselling yourself. An employee has sick leave and vacation, and job security. A contract work doesn't. So it needs to compensate accordingly. 1300 for a days work for a world renowned expert, seems entirely reasonable, maybe a little low.
