They are, therefore, entitled to charge whatever they feel they are worth and what the market bears. Filter by location to see Regulatory Consultant salaries in your area. Visit PayScale to research regulatory affairs consultant salaries by city, experience, skill, employer and more. * Market information from representative bodies in the consulting industry, reports from analyst firms, management and consulting books and desk research from Consulting.ca, based mainly on data publicly available from government contracts and interviews with (senior) consultants. Global Functional Specialists – such as Hay Group, Mercer and Willis Towers Watson (focus on HR) or FTI Consulting and Navigant (focus on financial advisory) – typically have a revenue per consultant between $300,000 (R4 million) and $400,000 (R5.5 million) per year. A software reseller can provide customized solutions to recommend the right products for a particular purpose. A previous job I had billed my time out at $200/hr. There is a brand perception for higher priced services. Calculate your monthly loan payment by either interest only or principal and interest payments. Regulatory Consultant; Agriculture And Consumer Svcs Regulatory Consultant Salaries. Former cabinet minister Peter MacKay has joined Deloitte Canada as a senior advisor in the government & public services industry practice. A reseller of sauna equipment can add consulting rates to create custom layouts based on room configuration.Â A furniture reseller can offer interior design services. Includes sample text, charts and tables. Use this process to set your consultant hourly rate. Attractive Hourly Rate CPL Life Sciences is currently collaborating with a leading gene therapy biotechnology organisation who seek an experienced Regulatory Affairs Consultant on a interim between December 2020 to March next year. When you evaluate on the basis of that opportunity cost, you're looking at a competitive hourly rate of $35/hr for junior level assistance to $175+/hr for the seasoned professionals. Setting Your Consultant Hourly Rate. EY Canada acquires digital identity specialist IDMSense. Providing Regulatory Expertise and Solutions to Pharmaceutical, Biopharmaceutical and Medical Device industries since 1995. Regulatory affairs consultants offer services, including advice and assistance, in relation to regulatory requirements. This estimate is based upon 45 employees salary information. For a typical 3 month / 12 week strategy consulting case, My broad guestimates would be: $1 - 1.5 Million Partner - 1 hour per day / 5 hours per week. You can probably bill higher consulting rates if there is a strong brand perception related to working with you. The average salary for a Regulatory Consultant is $64,000. Here’s how to calculate a ballpark hourly consulting rates: You can tweak the calculations based on your specific situation. The average hourly rate for Consultant, Compliance ranges from $31 to $42 with the average hourly pay of $36. I figure that somewhere between there would be a reasonable rate for me. What is known, though, is that rates can widely differ, from an hourly rate of £50 per hour for an interim consultant working on an operational level to £300 or more per hour for a consultant from a leading strategy consulting firm. By listing a consultant hourly rate as a product line item, you can generate a new source of revenue. Based on available data in the market* Consulting.ca presents a simplified and indicative view of fees in the consulting market: The figure uses the revenues pe consultant per annum as a proxy for average rates and the number of consultants as a proxy for firm size. Deloitte Canada has named Sarah Qadeer as chief legal officer (CLO), partner, and member of the executive team. If youâre really good at what you do, donât short change yourself by pricing yourself too low just to get business. She will be based in Toronto. Their annual fee income can range from anywhere below $50,000 (R700,000) a year (for operational support) to above $400,000 (R5.5 million for executive consultancy/interim). Visit PayScale to research regulatory consultant salaries by city, experience, skill, employer and more. National / Regional Functional Specialists position themselves, in terms of rates, similar to the Big Four and their larger global counterparts, although their exact fee structure will depend on their reputation and track record, functional focus and service portfolio among other factors. 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