
šļø Podcast Summary
In this episode of The HE Consultantās Toolkit, we explore one of the most uncomfortable - but essential - topics for independent consultants: pricing.
How do you set a fair and sustainable day rate? What do you say when clients push back? And how do you manage your mindset when the money conversation gets awkward?
Karen shares candid reflections from her own consultancy experiences, offering practical strategies for setting your fees, negotiating with confidence, and staying financially resilient during quiet periods.
Whether youāre new to consultancy or still finding your pricing rhythm, this episode will help you approach your value with clarity, professionalism, and purpose.
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Key Takeaways
Your day rate isnāt your old salary divided by 220. Price for value, not just time, and include your non-billable work, business costs, and downtime.
Use others to inform your rate - but donāt simply copy. Your offer and experience are unique.
Tiered or packaged services can give clients choice without undercutting your value.
Pushback is negotiation, not rejection. Be open to scope changes - but protect your baseline.
Use a three-point decision filter: pay, learning/enjoyment, and visibility. Two out of three? Consider saying yes.
Have a BATNA. Know what youāll do when a project doesnāt land - writing, CPD, business development, or creating content like this podcast.
š£ Calls to Action
š Subscribe and Share If you enjoyed this episode or found Series 1 helpful, please subscribe and share it with your network. It really helps the podcast reach others working in HE consultancy.
š¤ Connect on LinkedIn Iād love to hear your thoughts on todayās episode. Do you find pricing tricky? What strategies work for you? Feel free to connect and join the conversation on LinkedIn.
š Look Out for Series 2: Episode 3 Weāll be back soon with the next episode. Make sure youāre subscribed so you donāt miss it.
š Relevant Resources
š KHL Consulting Website: www.khlconsulting.co.uk
š¤ LinkedIn Profile for Karen Heard-LaurĆ©ote: www.linkedin.com/in/profkhl
š¤ Network for Educational Enhancement Consultants (NEEC): Join here