Billable hours in Consulting: What you should know - Saviom Software
How billable hours work?
While hiring a consultant and signing the contract, both client and the consulting firm agree upon considering what percentage of hours should be billable.
To state a billable hour example, suppose the contract of a ten-hour project states that 80% of total working hours will be considered billable. In this case, the client will pay the consultant for eight hours even if they have spent a total of ten chargeable hours.
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