What should my hourly consulting rate be?

That depends on a number of factors, including your background, experience, industry, skills, and demand for your knowledge. In general you want to set your rate high enough that you will be motivated to prioritize your time to consult with our customers; this typically works out to 2-to-4 times your current hourly salary. In the end it’s up to you – you are free to set your rate at any level and change it as frequently as you like.

Keep in mind that Maven is a marketplace and customers will be able to compare prices between you and other Mavens. In addition, some engagements have fixed offers or hourly rates based upon market dynamics. In this case, you still have the option to participate if you are willing to accept an amount lower than your regular hourly consulting rate.

If you’re just getting started with Maven, our Rate Calculator can help you select an appropriate starting rate.