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. Keep in mind that Maven is a marketplace and customers will be able to compare prices between you and other Mavens. 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.

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

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    Gary Matthews

    I am trying to get this going.

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    Kenneth Brown

    Setting my own rate does not appear to be useful. When I am offered a consulting assignment, you (Maven) decide what you (Maven) is willing to pay, so my rate is a wasted effort at defining my worth. For example, I just accepted a phone consult, and directed Maven to the rate that I have listed on my profile; that rate is $1,000/hour; but you (Maven) only will pay at $347 per hour because that was the rate you attached to this assignment.