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Consultancy Rates for JEE

Kalyan Anand
Ranch Hand

Joined: Feb 07, 2007
Posts: 194
A friend of mine is into consulting and he claims that he earns around $180 K per anum and he hardly has 7 years exp. Is it realistic ?

Can someone explain how the consulting role works out in US and what are the charges for JEE ?
Sandeep Awasthi
Ranch Hand

Joined: Oct 23, 2003
Posts: 597
Does consulting mean freelancing? or contract employee


Sandeep
Campbell Ritchie
Sheriff

Joined: Oct 13, 2005
Posts: 38865
    
  23
Probably is realistic, but precarious; earnings can fluctuate wildly. That applies both to freelance and contract work.
Also he may have lots of expenses if he has his own office, secretary, etc.
arulk pillai
Author
Ranch Hand

Joined: May 31, 2007
Posts: 3220
It is realistic and contractors could earn a good rate in a good market. But contractors are the ones to get laid off first in a tough market. My company has already started laying off the contractors.


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Jeanne Boyarsky
internet detective
Marshal

Joined: May 26, 2003
Posts: 30537
    
150

Does he earn that or bill that? There's a difference after the consulting company takes their cut. Or the expenses Campbell mentioned. Also consultants have to pay for their own health insurance which is expensive. Similarly, the actual pay depends on the number of hours he works each year.

Pay varies by city. If he lives in a city that is expensive to live in (New York, San Francisco, etc), rates are going to be higher than they are in more rural areas.


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