A consulting day rate can look far higher than a salary while producing less security and a similar annual outcome. Compare the complete systems, not two headline numbers.
OUR METHODSources → assumptions → European context → verdict
Build the employed package
Add net salary, pension contributions, paid leave, insurance, bonuses and any allowances. These benefits have economic value even when they never appear in monthly pay.
Calculate consulting break-even
Required revenue equals desired pay plus taxes, business costs, unpaid time and a risk buffer. Divide it by realistic billable days—not the full working year.
- Estimate 180–210 billable days, then stress-test lower utilisation
- Include accounting, equipment, insurance and sales time
- Price holidays, illness and late payment into the rate
Choose for the right reason
Consulting can offer autonomy and income upside; employment can offer stability and development. The stronger choice fits your demand, savings runway and tolerance for uncertainty.
Educational illustration only—not personal financial, tax or investment advice. Tax, salary, broker and market figures change; verify current local information before acting.