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Posted By Jim-F
I was recently asked what my annual retainer fee would be for consultancy work, what is it and how much should I charge
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Rank: Guest
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Posted By Charley Farley-Trelawney
Jim
When I consulted to larger companies and I was doing 20 hours a week for them I was paid a retainer of £1500 per annum; on average it amounted to between £2500 and £3500 per annum. It covered the odd day off and some holidays, I also included it as a bank holiday payment. No doubt others will either scoff or put up an alternative figure.
This is what I did prior to being employed by one of those companies as a Director. Hope this helps slightly.
CFT
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Rank: Guest
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Posted By Jim-F
charley,
Sorry but can you explain in lay man terms how it works how can £1,500 equate to £2,500? and £3,500 does this figure cover my down time in effect?
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