Skillfair Consultancy Fee Rate Survey 2011

If you’ve ever wondered what your fee should be as a consultant or what you should pay for such services, you will probably be interested in the latest Skillfair survey of consultancy fee rates:

2010 was very tough year for many businesses, and consultants and advisors weren’t exempt from the downturn in economic confidence. Our 2011 fee rate survey gives us an instant look back on 2010 and an objective view of the impact on the market.

Projects Hard to Find but Rates Generally Stable

We know from talking to our members that consultants have had to work for every assignment, but we also know that quite a few have effectively left the market. The net result seems to have been that although there’s been pressure on fee rates it hasn’t been as bad as we might have expected.

The headline ‘average rate’ for this year’s survey is £504, down 4% from last year’s £523 – that’s averaged out across all sectors – when we break the figures down by sector a different picture emerges.

As you might expect, public and voluntary sector rates have dropped more than hose in the private sector, which have held up remarkably well.

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