Good Advice That You Just Didn’t Take

Posted: April 22nd, 2009 | Author: | Filed under: Work | Tags: , , , | 1 Comment »

adviceSuggested pricing structure for consultants:

Advice that was followed: $10/hr

Advice that was ignored: $120/hr

An email that took three hours to write, and that was read carefully and responded to intelligently: $10/hr

An email that took three hours to write, and that was responded to, but never read: $120/hr

Planning for a project that happened, and that actually followed the project plan: $10/hr

Planning for a project that never happened: $120/hr

This model could increase satisfaction for both parties. The consultant doesn’t get paid as much, but ends up satisfied that their life is not a joke. The client is incentivized to  follow the advice being given, thus lending credibility to (or at least honestly testing the credibility of) the entire arrangement.

Thoughts? Items left out? Does this apply to salaried employees too?

image by laughlin