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Design and Engineering consulting firms create project and business budgets based upon a Labor Multiplier Factor. Taking into account that information: What would expect your
- Design and Engineering consulting firms create project and business budgets based upon a Labor Multiplier Factor. Taking into account that information:
- What would expect your annual salary to be upon graduation? Convert that salary into an hourly rate (base on 2080 work hours annually)
- Now, what do you believe is a reasonable hourly rate at which your company will charge for your services, i.e. what rate (dollars) will the company bill out your services at?
- What factors did you consider/take into account when you determined your billing rate?
- What is a reasonable utilization rate for a staff engineer after graduating from college? Does it change one month, to 6 months, to 1 year after graduation?
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