Common questions

How much do product management consultants charge?

How much do product management consultants charge?

Consultants are lucky to get 1500 billable hours in a year. To hit the minimum range of what they’d get at a big tech company, they have to charge at the very least $300/hr. So depending on the specific project and your experience/background, charge in the $300–$700/hr range.

How much do product development consultants charge?

The average hourly wage for a Product Development Consultant in the United States is $25 as of October 29, 2021, but the salary range typically falls between $19 and $33.

How much should a product manager be paid?

How much does a product manager typically make? According to salary sites like Glassdoor and Payscale, typical salaries among product managers can range anywhere from $63,000 to over $200,000.

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What is the hourly rate for a project manager consultant?

According to Salary.com, the average hourly rate for project manager consultants is between $59 to $74 per hour, with the median hourly wage being $66.00. On the freelancer site Upwork, the project manager hourly rate charged by consultants varies widely and is between $30 – $155 per hour.

How much do product consultants make per hour?

The average hourly pay for a product consultant is $47.1. The average entry-level product consultant salary is $72,000.

How much do product consultants make?

The national average salary for a Product Consultant is $67,893 in United States. Filter by location to see Product Consultant salaries in your area.

How do you price a consultant?

To calculate your hourly consulting rate:

  1. Determine what salary you’d like to make.
  2. Take that number and divide it by 52 (number of working weeks), then again by 40 (number of hours each week).
  3. Take that number and mark it up by 25\% to 50\%.
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Do product management consultants get paid hourly?

If you are thinking about product management consulting as something that is tied to an hourly rate then you are thinking about this the wrong way. You should be focusing on the value that you are bringing to the companies that are hiring you. You’re not cranking out burgers and shouldn’t be getting paid hourly.

What is the average salary for product managers in Australia?

The average salary for product managers in Australia is A$112,000. The average salary for product managers in major Australian cities remains fairly close to the national average. The average cost of living in Australia tends to be higher than the rest of the world.

Where do product managers make the most money?

In the U.S., the median salary for product managers is $109,000. However, salaries are highest in major metros on the East and West Coasts. But when cost of living is factored in, most of the metro areas that offer the highest effective pay (meaning the salaries are higher and the cost of living is lower) are in the middle part of the country.

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What is the average salary for product managers in Europe?

Countries with the highest general salaries in Europe are Denmark, Luxembourg, Sweden, Finland, and Ireland. The average salary for product managers in some major European cities varies widely. European countries with the highest cost of living are Switzerland, Norway, and Iceland. The average salary for product managers in Australia is A$112,000.