Webfor new consultants, the most common place to start when setting your hourly rate is to convert your annual salary to an hourly rate with one of the many conversion. Webin this article, you will learn how to determine your hourly rate based on four factors: Your expenses, your income goals, your market value, and your negotiation skills. Webif you want to calculate your rate by hand, here’s the formula you want to use: Let’s walk through our example: The hourly formula is when you charge by the hour for your consulting services. You set an hourly rate, track your hours, and then bill your. Webthe easiest way to calculate your hourly rate as a consulting company is to consider the annual salary you'd like to earn as a consultant. For example, if you.
