IEEE-USA has conducted surveys of the compensation of IEEE’s U.S. members since 1972. Separate surveys focusing on the compensation of consultants were implemented in 2002, and with the exception of 2003, have been conducted annually ever since. All findings in this report represent only those participants who were identified as self-employed consultants–defined as the 632 individuals who indicated that 50% or more of their consulting hours came from working independently, with partners, or incorporated. This report provides the profile of typical, self-employed and independent technical consultants, including their education, experience, business practices, median earnings and hourly fee. The fee data this report provides will help you set an hourly rate that is competitive with your peers.