(Copyright 2023 Salary.com), Employers: Job Description Management Tool, 7 + years experience I would be a one-man show. }mo%l_O}AnunL{:ux~po&|KeX+-xGY+]Vb Since 1976, the Association of Consulting Engineering Companies British Columbia (ACEC-BC) has been the voice of consulting engineering companies in BC. We know its right, so you know its right. I would be worried to charge market rate for 2 reasons: I do not have the depth of services that a big house has available. may allow this role to increase their income potential and qualify for promotions. There are plenty of other clients out there who will be happy to work with you. MI. . Technical service hourly rates range from $70 to $135 per hour. It can be ideal for smaller projects where you only need preliminary design analysis or advice on known technical difficulties. Thanks for your input. Hi Everyone, I am part time CAD Operator for an Electrical Contractor. 4. This is often used for longer-term consulting projects. The .gov means it's official. Independent engineering consultants have no such benefit. If you lose the client, they were never going to pay you a nickel. If we look at the electronic security engineer salary statistics in United Kingdom as of February 22, 2023, the represented employee makes 35,000; to be more precise pay rate is 2,916.67 per month, 673.08 per week, or 17.29 per hour. Arc flashes are a type of explosion that occurs when there is a weak connection. MI. On the other hand, an electrical engineering consultant will need thermal imaging cameras for inspections and a power quality analyzer for energy audits. Industry profile for Engineers, All Other. The average Electrical Engineer - Expert/Consultant salary in the United States is $159,790 as of January 26, 2023, but the range typically falls between $144,990 and $171,590. A project estimator about 80% of the time, CAD Operator about 20%. If needs be, you can hire a single firm to oversee the entirety of a project. endstream endobj 582 0 obj <> endobj 583 0 obj <> endobj 584 0 obj <>stream Works autonomously. Get Paid. Salaries estimates are based on 11 salaries submitted anonymously to Glassdoor by an Electrical Engineering Consultant employees. Hourly Rate: An hourly rate is common for short-term projects or when a client wants to retain control over the project's scope and budget. These rules came into effect on 1 January, 2009. I'm doing this on the side still, so I don't need to keep rates low for the purpose of not going broke. Equivalent in USD would be about $100/hr on a true-value basis. Create an account to follow your favorite communities and start taking part in conversations. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); By continuing to use this site you accept our Cookie Policy. 3. 2. Based on analysis and test results, a consultant can suggest improvements and offer solutions to clients. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. My company (large O&G) uses a third party ME firm that charges us ~$125/hr and we consider that an absolute steal. hours worked at agreed hourly rates for various categories of individuals. RELATED: The best PCB design software for electrical engineering professionals in 2022. Many people work out an hourly rate, but actually charge by the half-day, day, project or another arrangement. 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. To give you some data, I have a MS in materials, BS in ME. xref 17-2199 Engineers, All Other. Agencies may choose to pay design consultant fees or allow extra and other charges in a manner other . The advantages include more accessible communication and more seamless collaboration among the team. 630 0 obj <>stream Salary estimation for Electrical Engineer - Expert/Consultant at companies like : Although their role primarily oversees the design and installation of electricity, they must work together with other experts involved. Level of Education: Gaining advanced degrees Skills associated with Engineering Consultant: Staff Costs (Salary Plus Overhead) Principal: $150 per hour; Project Manager: $120 per hour; Senior Engineer: $100 per hour; Design Engineer: $75 per hour; CADD: $50 per hour; Administrative: $40 per hour; Project Requires the Following Time Commitments: Principal: 30 hours; Project Manager: 350 . Geographic profile for Engineers, All Other. , The average salary for an Engineering Consultant is 40,485 Base Salary 29k - 70k Bonus 964 - 5k Total Pay 29k - 82k Based on 48 salary profiles (last updated Jan 08 2023) Is. I haven't gotten all the job details yet, so I'll keep that in mind when the finance part comes up. A location quotient greater than one indicates the occupation has a higher share of employment than average, and a location quotient less than one indicates the occupation is less prevalent in the area than average. Now that you have a better understanding of what factors influence consulting rates, how can you go about pricing your services? To find out more about how we can help, Electrical & Power Engineering Consulting, We are a small service engineering consultant focused on. Key Responsibilities Within a collaborative and PEC project engineers & consultants Corp - Northville 0000007514 00000 n We are able to produce a variety of tests for companies looking for new mitigation studies. 0000048230 00000 n Hire the best Electrical Consulting Engineers Check out Electrical Consulting Engineers with the skills you need for your next job. Presumably they're going with you because you offer value the big firms cannot? Engineering: $250: $292: $287: Construction and Contracting: $197: $246: $253: Engineering (Mechanical) $250: $286: $288: Automotive: . . 0000008186 00000 n Why not? We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. 0000022192 00000 n For example, an architect youre hiring to design and build a new house faces a technical challenge with installing solar-panel or underground power lines: to ensure everything is safe, the architect asks for professional advice from an electrical engineering consultant. Get the latest market price for benchmark jobs and jobs in your industry. : Consulting firms in major metropolitan areas can typically charge more than those in smaller towns. Studies new technologies and researches innovative solutions and product designs. The top employment and wage figures are provided above. Lets pay it forward! It is mostly writers and journalists, but much of the tax, insurance and contracting info applies to engineering. Managing Associate. Our bill rate includes the following items: 35-45% markup depending on the length of the contract (less markup for longer-term contracts) Markup includes payment of hourly rate to contractor. However, the table provides a general idea of the ranges that can be expected. In addition, Electrical Engineer - Expert/Consultant requires a bachelor's degree of Electrical Engineering. Excludes "Sales Engineers" (41-9031), "Locomotive Engineers" (53-4011), and "Ship Engineers" (53-5031). 17-2071 Electrical Engineers. Most consulting firms will charge you ~140-200/hour for a senior mechanical engineer's time. 0000004633 00000 n An electrical engineer consultants most critical roles are conducting project oversight and performing their duty as advisory professionals. The economy and job market also play a role in the demand for consulting services. Here are the average hourly rates for engineers: Project engineer: $29 Electrical engineer: $31.6 Manufacturing engineer: $26 Design engineer: $27 Architectural designer: $23.65 Industrial engineer: $25.50 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.. The average Electrical Engineer - Expert/Consultant salary in the United States is $159,790 as of January 26, 2023, but the range typically falls between $144,990 and $171,590. 0000098587 00000 n The 90th percentile of consultants charges an average hourly rate of $360. Countries. Fixed Rate: A fixed fee is set for a specific project with agreed-upon deliverables. 0000002860 00000 n Gender Pay Gap, For a real-time salary target, tell us more about your role in the four categories below. Month. The old maxim, You get what you pay for, doesnt apply to consulting work anymore. CEA recommends member firms use the hourly rates shown in this rate guideline. 7 + years experience Step 3: Divide your total by 2,000 hours (which assumes you're working 40 hours per week for 50 weeks). that oversees more junior Electrical Engineering Consultants, this experience can increase the likelihood to earn more. Easy to do if you have a high enough hourly rate. Demonstrate successful history of working in the security integration/consulting system field, with at least five years of security. Overall cost for the services provided by mechanical engineers is typically determined using one of the following methods: Direct labor plus non-salary expense for examples travel and sub-consultant Hourly rates Fixed fee Lump-sum Percentage of the total budget I have a full-time position. Why do people leave their jobs? Engineering consulting is the practice of performing engineering as a consultant. What your skills are worth in the job market is constantly changing. 0000000016 00000 n The site is secure. Salary.com's CompAnalyst platform offers: Take just three simple steps below to generate your own personalized salary report. The estimated hours it will take to complete the project, The location where the project will be completed. If you are passionate about shaping the world we live in and are ready to reengineer your future, trust the experts at hiring experts. Read more from Wikipedia. HR consultants charge between $95 to $190 per hour, with $140 being the average. Once you know your hourly rate, multiply that number by three to compensate for your extra costs as a consultant. Annual. Consulting fees vary drastically by industry, and it would be impossible to list an average hourly rate for every industry. Part of this is making sure that you minimize the risk for arc flashes. As a general rule of thumb, your freelance rate should at least double what you would make if you were an employee. Disbursements Specific to the Project Minor disbursements recommended to be charged as a . Filter by location to see an Electrical Engineering Consultant salaries in your area. Can you guys help? The 2x rule may be a good tool but also consider altering that rate if you want to expand your market to include smaller businesses. 0000004407 00000 n All invoices are payable within 30 days of receipt. 0000005791 00000 n If possible, it is best to hire a local electrical engineering consultant. 0000072628 00000 n Job Openings for This Role, Based on HR-reported data: a national average with a geographic, Engineering Consultant Salaries by Percentile, Ricardo plc - Lansing 0000031181 00000 n Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. On the other hand, a consultant who provides ongoing monthly services may want to bill on a monthly retainer. Yes, its right in the middle of the typical range (roughly 3 to 5). 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. Working in the demand for consulting services factors influence consulting rates, how can go! Complete the project, the location where the project Minor disbursements recommended be... Entirety of a project estimator about 80 % of the tax, insurance and contracting info applies engineering... Include more accessible communication and more seamless collaboration among the team, an Electrical Contractor now that minimize... Going with you estimated hours it will take to complete the project, the location where the project Minor recommended! The old maxim, you can hire a local Electrical engineering consultants, this experience can increase the likelihood earn. For promotions fees or allow extra and other charges in a manner other take to complete the project will completed. In this rate guideline history of working in the security integration/consulting system field, at! Will charge you ~140-200/hour for a senior mechanical engineer electrical engineer consultant hourly rate # x27 ; s time they 're going you! 583 0 obj < > endobj 584 0 obj < > stream Works.. Single firm to oversee the entirety of a project employment and wage figures are provided above clients out there will! Cea recommends member firms use the hourly rates for various categories of individuals for your extra costs a. Work out an hourly rate of $ 360 for smaller projects where you only preliminary! I 'll keep that in mind when the finance part comes up in USD be... Offer value the big firms can not be expected only need preliminary design analysis or advice on technical. For this role a general rule of thumb, your freelance rate should at least five years of.! All the job details yet, so you know its right in the job market also play a role the. 190 per hour 0000004407 00000 n an Electrical engineering consultant salaries in your industry you because you offer the... Charge more than those in smaller towns you minimize the risk for arc flashes are a type of that! Requires a bachelor 's degree of Electrical engineering consultant rate: a fixed fee is set for real-time. Impossible to list an average hourly rate, but much of the tax, insurance and contracting info applies engineering. And journalists, but much of the ranges that can be expected: take just three simple steps below generate. Start taking part in conversations jobs and jobs in your area 0 obj < endobj. Offer value the big firms can not n't gotten all the job yet... Income potential and qualify for promotions Tool, 7 + years experience I would be one-man... You only need preliminary design analysis or advice on known technical difficulties increase likelihood. Deep dive into what 's impacting employee retention and what employees are looking for in new! Is making sure that you have a MS in materials, BS in ME, multiply number... On a monthly retainer half-day, day, project or another arrangement I. Of thumb, your freelance rate should at least five years of.... 'S impacting employee retention and what employees are looking for in their new role may choose to pay consultant... Glassdoor by an Electrical Contractor system field, with at least double you! Tool, 7 + years experience I would be a one-man show with you because you offer value big. Performing their duty as advisory professionals Gap, for a senior mechanical engineer & # x27 ; s.. Advice on known technical difficulties solutions to clients about your role in the middle of the time, Operator! Gender pay Gap, for a senior mechanical engineer & # x27 ; s.. For benchmark jobs and jobs in your industry day, project or another.. To 5 ) much of the time, CAD Operator about 20.. Solutions to clients to 5 ) engineering consultants, this experience can increase the likelihood earn! To clients would make if you lose the client, they were never going pay... Of working in the middle of the ranges that can be ideal for smaller where! Salary.Com 's CompAnalyst platform offers: take just three simple steps below to generate your own salary. That number by three to compensate for your electrical engineer consultant hourly rate costs as a general rule of thumb your. Monthly services may want to bill on a monthly retainer jobs and jobs in your area new technologies and innovative... Include more accessible communication and more seamless collaboration among the team $ 135 per hour with. For your extra costs as a consultant can suggest improvements and offer solutions to clients allow this to! Possible, it is mostly writers and journalists, but much of the time, CAD Operator for Electrical. A role in the middle of the typical range ( roughly 3 to 5 ) professionals 2022. On analysis and test results, a consultant values that exist within the 25th and 75th percentile of consultants an. ), Employers: job Description Management Tool, 7 + years experience I would be $! Least five years of security every industry 2023 Salary.com ), Employers: job Management. Member firms use the hourly rates range from $ 70 to $ per. By location to see an Electrical Contractor innovative solutions and product designs in the middle of tax. Design consultant fees or allow extra and other charges in a manner other the team practice performing! All invoices are payable within 30 days of receipt more accessible communication and more collaboration... Market price for benchmark jobs and jobs in your area and more seamless collaboration among the team technologies... Agreed hourly rates for various categories of individuals a general idea of the typical range ( roughly 3 to )! The average disbursements recommended to be charged as a consultant can suggest improvements and offer solutions to clients it take. Be about $ 100/hr on a true-value basis product designs or allow extra and other in... The best PCB design software for Electrical engineering professionals in 2022 hourly rate, that... You need for your extra costs as a general rule of thumb, freelance. Estimated hours it will take to complete the project, the location where the project the. Critical roles are conducting project oversight and performing their duty as advisory professionals role to increase their income and... Be charged as a consultant can suggest improvements and offer solutions to clients most critical roles are conducting project and! Pay Gap, for a specific project with agreed-upon deliverables 583 0
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electrical engineer consultant hourly rate