My wife just got asked to act as a consultant for a biotech start up. She will work for them for at least 6 months, expected between 5-10 hours per week. My wife has a PhD in chemistry, and almost 20 years work experience, both in academia and industry.
Both her and me are at a loss what a reasonable hourly rate would be. Even considering the differences between various fields, would some IT-consultants have an idea what would be feasible?
From what I see in IT - Indian recruiters offer around 600-750 CHF daily rate, so I guess something like 900-1000 CHF should be feasible if there are no intermediaries ;). However, I’ve heard that in the good old times there were rates like 1400 CHF and probably even on this forum I saw someone mentioning +2kCHF for some really rare skills.
For the public domain and for some NPO’s, I know that a rate of 170-175.-/hr is the standard and considered a maximum.
In some consulting firms, especially for very specific work (e.g. creating a report to analyze why a strategic project did not succeed), I have seen amounts between 200.- and 250.-/h.
I can say that, on the side of my former employer, we brought a great importance to the reputation of the company we worked with. In no case did we work with the Big4 because they never responded to our calls for tender.
The last experience I had was a rate of 200/hr for a senior consultant with 25 years of experience. What I can also say is that this consultant was retired and probably charged below his pre-retirement hourly rate.