Re:Ask HN: How to get stock as a contractor or consultant?
by tptacek on Monday November 02, 2015 @12:12PM
(#10493185)
Nice. If you're billing over $2k/day, I don't get to be patronizing to you.
A pretty common strategy is to dial your rate to a point where you're consistently between 70-80% utilized, and to raise your rates some % for all new clients annually.
At a consultancy with a team of people, a utilization rate over 85% might be considered overheated, risking burning people out.
(Though if you're running a body shop you don't care about overheating).
If it was just me and a partner consulting, I'd use rates to dial utilization back to 50%.
A pretty common strategy is to dial your rate to a point where you're consistently between 70-80% utilized, and to raise your rates some % for all new clients annually.
At a consultancy with a team of people, a utilization rate over 85% might be considered overheated, risking burning people out.
(Though if you're running a body shop you don't care about overheating).
If it was just me and a partner consulting, I'd use rates to dial utilization back to 50%.