11/19/2009 12:23:13 PM EST
This is a very broad question so I'm going to give you a broad answer. If you want to discuss this in more detail I'd be happy to talk - you can connect with me on Linkedin. The first thing I do is scope the work - is it a one-time short-term project (handling an employee relations investigation or negotiating a benefits plan) or an ongoing assignment (providing HR services once a week for a small company, or managing the succession plan and leadership development for the coming year.) Once I have the big scope, I break it down into time with the client, work/research, travel, etc. I then put together a quote for services and outline what that covers. I have a standard consulting agreement I provide, but if the company has one they prefer I will usually sign their's as long as it has legal protections for me and is reasonable in terms of pay. For a one-time I can usually have a quote for them within 1-2 hours, for an ongoing long-term assignment it might take me several hours to make sure I've covered everything. I have a set rate but I may adjust it based on any number of factors - guaranteed hours, their budget, etc. However, I worked my rate with my CPA so I understand how adjusting it up or down impacts my income. I've done a variety of assignments from companies that need someone for a week to companies that have retained me for 6 months. Feel free to contact me if you want to brainstorm this with me. Joy Moore


