Typical Contractor Electrical Engineering Rate
Typical Contractor Electrical Engineering Rate
(OP)
Working as a contractor on a short term project not expected to last longer than a couple weeks.
Involves some very basic analog design and some C coding. Admittedly a bit of a senior design project or hobbiest type work.
My first time working as a freelance contractor. My skills typically being in pca design. Any ideas on what I should charge as an hourly rate?
Involves some very basic analog design and some C coding. Admittedly a bit of a senior design project or hobbiest type work.
My first time working as a freelance contractor. My skills typically being in pca design. Any ideas on what I should charge as an hourly rate?





RE: Typical Contractor Electrical Engineering Rate
If you're working through a shop, they'll have a number in mind... but don't take their first offer.
Mike Halloran
Pembroke Pines, FL, USA
RE: Typical Contractor Electrical Engineering Rate
Fundamentally, you'll want to be charging more than as a direct employee to make up for things like health benefits, vacation & other time off, retirement, taxes, costs (if working from home), contingency fund to cover gaps in employment...
KENAT,
Have you reminded yourself of FAQ731-376: Eng-Tips.com Forum Policies recently, or taken a look at posting policies: http://eng-tips.com/market.cfm?
What is Engineering anyway: FAQ1088-1484: In layman terms, what is "engineering"?
RE: Typical Contractor Electrical Engineering Rate
As this assignment will be less than one week, I believe it is possible to avoid reporting all income to the government on this particular job. Can anyone confirm? I have worked in situations before (non engineering related), where I was hired temporarily by an employer for only a week at a time. He mentioned that being under contract for under week allows him to write a paycheck under the table without any taxes taken out and nothing reported... never asked for specifics as to why.
RE: Typical Contractor Electrical Engineering Rate
RE: Typical Contractor Electrical Engineering Rate
There is no _legal_ duration- related loophole.
You need to report the income and pay the tax on it.
Mike Halloran
Pembroke Pines, FL, USA
RE: Typical Contractor Electrical Engineering Rate
Also what guarantee do you have that the "employer" will not report his expenses?
RE: Typical Contractor Electrical Engineering Rate
As for your rate, $125 may be too little for some - too much for others. It all is relative to your experience and demand. You may want to use your past hourly rate x2 to get a good feel for what you can charge. Our companies' hourly rates are $95/hr and our people are 20+ year veterns of the controls industry. Go to NY or CA and the rates go up.
Russell
Russell White, P.E.
Automation Technologies, Inc.
www.AutomationNC.com
Automation Training
www.PLCMentor.com
RE: Typical Contractor Electrical Engineering Rate
RE: Typical Contractor Electrical Engineering Rate
RE: Typical Contractor Electrical Engineering Rate
Cheers
Greg Locock
SIG:Please see FAQ731-376: Eng-Tips.com Forum Policies for tips on how to make the best use of Eng-Tips.
RE: Typical Contractor Electrical Engineering Rate
RE: Typical Contractor Electrical Engineering Rate
Mike Halloran
Pembroke Pines, FL, USA
RE: Typical Contractor Electrical Engineering Rate
That being said however, telling the taxpayers on this board that you're trying to screw the unemployment system probably isn't a good idea and you are not going to get very much respect, especially not from me.
RE: Typical Contractor Electrical Engineering Rate