Hourly and daily rate calculator for interim professionals, consultants and contractors

The benchmark shows roughly what the market is doing. This tool shows which rate may be logical and financially sustainable based on your salary reference or minimum cost structure. That combination gives you a much stronger rate rationale.

Planet Interim connects interim managers, independent consultants, freelance specialists, employers and intermediaries in a targeted way. Professionals are automatically matched with relevant interim assignments. Organisations can post assignments and reach suitable professionals, without margin, success fee or brokerage role from Planet Interim. The focus is on relevance, direct access and quality over volume.

A good hourly rate depends on seniority, niche, market demand and assignment duration. Many interim professionals use a combination of a salary reference, their minimum cost structure and market benchmark data to determine a realistic rate.

An hourly rate can be calculated by dividing your target annual income or minimum required costs by the number of billable hours per year. You should take into account holidays, non-billable time, administration, business development and possible downtime.

An interim professional covers their own insurance, pension build up, business development and periods without assignments. That is why an hourly rate is usually higher than a directly converted employee salary.

A personal calculation shows what is financially logical, but the market ultimately determines what clients are willing to pay. Benchmark data helps you test whether a rate is realistic within a specific sector or functional area.