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What should I be earning?

2 replies

Zigzagga · 03/07/2023 19:17

I know this is a weird ask, but I wanted some objective opinions on how much I should be paid for my current job.

I work in consulting, a niche area of business consulting which is growing enormously at the moment. I work for a small company. I run the consultancy team and have a small team of permanent staff working below me plus a range of freelance consultants.

Our team brings in approx £700k a year, we have very good margins. This accounts for about 35% of our company income - the other comes from another business line. Since I joined in 2020 I have increased revenue by about 250%.

I am good at my job, my team really like me, I am well respected by clients and I deliver consistently.

The problem is I find it very difficult to benchmark my salary - most similar jobs do not advertise the salary and I have no energy to pretend to be interested in the role to find out 🤣

I am soooo curious to know what people think I should be on and if this reflects my actual salary.

Any thoughts?

OP posts:
borzoibaby · 03/07/2023 21:10

I'd say... £100k then some performance-based bonus (20-50%?) depending on the business you help bring in.

Doggymummar · 03/07/2023 21:13

It doesn't say how many of you there are, what you consult in so it's impossible to say. I'm a consultant and charge £30 an hour, my oh was consulting for £650 a day (now retained by one client for slightly more)

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