Beyond the day rate: developing income that supports sustainability
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Episode summary
This episode explores income beyond the day rate as a strategic and ethical issue in independent work in higher education. It reflects on the limitations of time-based pricing, the trade-offs involved in alternative income arrangements, and the importance of aligning income structures with long-term sustainability rather than short-term busyness.
Key takeaways
The day rate is not the problem, but it is rarely sufficient on its own
Income structures shape vulnerability, choice, and sustainability
Different income models involve different trade-offs
Sustainable portfolios are often uneven rather than elegant
Strategic thinking about income requires attention to time horizons
Links to relevant resources
Thinking about going freelance or setting up a consultancy in HE?
My short courses offer practical guidance to help you take the first steps.
https://khlconsulting.co.uk/courses
KHL Consulting website
https://www.khlconsulting.co.uk
LinkedIn profile — Karen Heard-Lauréote
https://www.linkedin.com/in/profkhl
Network for Educational Enhancement Consultants
https://www.linkedin.com/groups/14409504/
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I’d welcome your reflections on the episode.
https://www.linkedin.com/in/profkhl
Look out for the next episode
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