Average IT consulting rates may be part of doing your due diligence. If you’re looking for average IT consulting rates, you have to first identify your goals in seeking it.
Rates if you’re an IT consultant
Identifying average IT consulting rates if you’re a consultant can help you find out what others in your field charge. But it’s not particularly useful for setting your own consulting fees. Really, all you’re finding out is the average. And averages don’t tell much. You need to figure out what’s behind the fees – competitive enviroment, market situations, price elasticity, marketing efforts, experience and so on. If you just look at the average, you’re not getting a clear idea of what rates go with what consultants either. Be sure to take a broader and deeper view, so that you know whether you’re talking about computer consulting fees for recent grads doing work on eLance or senior IT consultants doing work for Fortune 500 firms.
Rates if you want to hire an IT consultant
Knowing average IT consulting rates only tells you the average. It doesn’t tell you what you’re getting for your money. In fact, looking at an hourly rate tells you nothing about the final bill or the quality of the work done. It doesn’t tell you what’s included in the services or even whether the consultant shows up when you call. So, if you’re looking to hire an IT consultant, be sure to get proposals from at least three or four consultants — and interview more than that.
Want more detailed information? Check out Consulting Fees: A Guide for Independent Consultants.
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