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Re:Ask HN: How to Set Consulting Rate? by philomath_mn on Sunday May 05, 2024 @06:24PM (#40269114)
100% my experience. You would need a combination of the right project for the right client where the affect on bottom line is both observable and observed.

Most of companies who are considering a consultant are organizationally incapable of telling you how much money is saved or generated. On the other hand, most companies have a sense for how much an hour of work should cost and would be comfortable discussing the project in those terms. So you'd seriously be limiting your options if you focused on the former.

Re:Ask HN: How to Set Consulting Rate? by b20000 on Monday May 06, 2024 @02:51PM (#40278146)
what an hour should cost…

in my experience this is based on nothing and might be based on what HR thinks which is irrelevant

Re:Ask HN: How to Set Consulting Rate? by philomath_mn on Monday May 06, 2024 @03:15PM (#40278406)
Not saying that is how things should work, but that is often the reference point for those making decisions on the client side.
Re:Ask HN: How to Set Consulting Rate? by b20000 on Tuesday May 07, 2024 @12:34PM (#40287943)
yes and it is incorrect because as a business you need to carry the cost of doing business