Keep Moving Forward
IMCivil Design
How can sub-consulting save you money?
Oftentimes there is a misconceived notion that if we have too much work for our current employees that the most economical solution is to hire more employees. However, using a sub-consultant can reduce the overall costs tremendously for a quite a few reasons. The following table compares the annual cost of using a sub-consultant versus hiring a new employee.
Let's Illustrate the benefit
| Costs | New Employee | Sub-Consultant |
|---|---|---|
| Hourly Rate | $20 | $40 |
| Hiring Costs | $20,376 [*] | $0 |
| Overhead (software, hardware, office supplies, etc.) | $10,000 | $0 |
| Benefits(Insurance, 401K, Holidays, Vacation, Sick days, etc.) | $18,720 [†] | $0 |
| Total | $90,696 [‡] | $83,200 |
The annual savings for using a sub-consultant versus hiring a new employee is close to $10,000!
This simple table does not take into account the fact that the sub-consultant would be used to provide consulting support on an as-needed basis providing additional savings.
Contact us about our Civil Design services now to begin saving money!
[*] - Average based upon study done by JDA Professional Services, Inc using an assumed yearly salary of $41,600.
[†] - Annual total based upon study done by the Idaho Transportation Board
[‡] - Based upon a total of 2,080 hours worked for the year.