Rate Check

[Vito]

My company operates in Non-IT Project/Programme and Operational management...does anyone have a view as to whether or not these are reasonable in terms of current market rates:

Consultancy @ £650 per day to include the following:

· Operational Review
· Project Assurance
· Efficiency Study

Middle Management @ £725 per day to include the following:

· Operational Delivery Role
· Project Management (<£1m budget)
· Project Management Office

Senior Management @ £800 per day to include the following:

· Senior Operational Role
· Project Management (>£1m budget)
· Programme Management (<20m budget)

Executive @ £875 per day to include the following:

· Executive Operational Role
· Project Management (>£10m budget)
· Programme Management (>20m budget)

Director @ £950 per day to include the following:

· Channel Head
· Programme Director
· Programme Management (>50m budget)

Thank you

[Sockpuppet]

location?

[Vito]

London, M4 Corridor and South West...

Any advice would be most appreciated...I want to stick a stake in the ground for future work as so far my negotiating skills have proven to be totally inadequate!!!!

[ContractIn]

Difficult to answer in a short reply, as would depend on type of client/industry you are marketing at. These rates are generally for the big consultancies who have negotiated long term engagements with large corporate’s, or on their PSL's. If you are a small team or one man band, then I would say you are marketing yourself too high. IMHO.

However, if you can get those rates then best of luck.

[Sockpuppet]

Agreed.

Looking at the first one for £650/day I currently do that for £300/day.

Infact I've done most of the including £30 million programme management (which is really not that much of a big deal...a couple of £3million deals and you are sorted).

[malvolio]

If you can get those rates, I'll send you my CV...

[ContractIn]

To give you a better steer, I am working at a FTSE top 20 company, and for contractors the rates are generally as follows:

Analyst/Consultants - 400 to 450 per day
Project Manager - 450 to 500 per day
Senior/Prog Mgr - 600 to 700 (tops) per day.

Any more interim senior positions are generally filled by the likes of accenture and co.

[tino]

absolutely

if I could get upwards of 700 quid a day for setting up and managing a PMO I would even sign a disclaimer that I wouldn't piss away days on the interweb

[SallyAnne]

PM's tend to get paid less than consultants in my experience.

That might just be an IT thing though.

[Vito]

Thanks for all your comments guys...

It appears that perhaps I've negotiated better than I thought I had, as in my contracts so far I've been about £100 off these rates which from what you are saying is actually pretty good. Mind you, I have only worked for large corporates so far which might have a bearing.

I'm interested in the 'Consultancy paying better than PM' comment...I have always considered that my rate should reflect the amount of responsibility I am taking, that is how it worked in the Permie world.

On reflection, the one I think I have overcooked is the PMO...I now think that it should fall into the lowest bracket. However, I will review them all based on your feedback...as maybe I have just been fortunate so far and I want to keep it real.