Enter the total consultant fee (\$) and the total hours worked by the consultant into the Consultant Rate Calculator. The calculator will evaluate the Consultant Rate.

## Consultant Rate Formula

The following two example problems outline the steps and information needed to calculate the Consultant Rate.

CNR = CF / T

• Where CNR is the Consultant Rate (\$/hr)
• CF is the total consultant fee (\$)
• T is the total hours worked by the consultant

## How to Calculate Consultant Rate?

The following example problems outline how to calculate Consultant Rate.

Example Problem #1:

1. First, determine the total consultant fee (\$).
• The total consultant fee (\$) is given as: 10,000.
2. Next, determine the total hours worked by the consultant.
• The total hours worked by the consultant is provided as: 50.
3. Finally, calculate the Consultant Rate using the equation above:

CNR = CF / T

The values provided above are inserted into the equation below and computed.

CNR = 10,000 / 50 = 200 (\$/hr)

Example Problem #2:

For this problem, the variables required are provided below:

total consultant fee (\$) = 6,000

total hours worked by the consultant = 100