Ask HN: What is a fair hourly rate split btw consultant and consulting company?

https://news.ycombinator.com/item?id=523231

by goodgoblin • 17 years ago

2 3 17 years ago

news.ycombinator.com

Hi Folks, Looking at a consulting gig and right now I am being presented with a 70/30 split. I've heard of much higher splits from others, but the consulting company is crying no mas. Am I getting a fair shake here? Its only my 2nd time consulting, and I definately got jobbed the last go-round. Was hoping people on here were in the know and could share what they believe constitutes an accurate and fair rate split.

Thx.

icey• 17 years ago

Which way is the split going? You're a little unclear here.

A 60/40 split, with the consultant taking 40% is standard fare in many markets, but I have heard it's often less favorable in NYC, Boston, DC and the Silicon Valley. I have never consulted for a firm in any of these locations, so I can't provide an answer.

If you're talking about a 70/30 split with you taking 30%, I would say it mostly depends on whether or not the 30% is adequate for you personally.

If you're talking about a 70/30 split with you taking 70%, you would be very hard-pressed to find a more favorable split.

goodgoblin2• 17 years ago

Thanks for the info - I am taking 70% of the split, thought before I take the gig I was thinking of trying to extend it to 85%. I am also a little surprised that consulting companies get 60% of the hourly rate a consultant is billed at - that is mind boggling to me.

goodgoblin2• 17 years ago

Here is a link on the subject: http://www.javalobby.org/java/forums/t19707.html

Ask HN: What is a fair hourly rate split btw consultant and consulting company?

Related Stories