New horizon fee structure
New Horizons is a global IT services and consulting company that offers a range of services, including IT consulting, application development, and business process outsourcing. The company's fee structure can vary depending on the specific services and projects it undertakes. Here are some general insights into New Horizons' fee structure:
- Project-based pricing: New Horizons typically charges clients on a project-by-project basis. The company quotes a fixed price for a specific project, which includes all the services and deliverables agreed upon by both parties.
- Hourly rate: For smaller projects or ongoing maintenance work, New Horizons may charge clients an hourly rate. This rate can vary depending on the expertise and experience of the consultant or developer working on the project.
- Retainer-based pricing: For ongoing services, such as IT consulting or application maintenance, New Horizons may charge clients a retainer fee. This fee is typically paid on a monthly or quarterly basis and covers a certain number of hours or services.
- Value-based pricing: New Horizons may also charge clients based on the value they deliver. For example, the company may charge a percentage of the cost savings or revenue generated by a project or service.
- Tiered pricing: New Horizons may offer tiered pricing for its services, with different levels of service and pricing corresponding to different levels of complexity or scope.
Here are some approximate fee ranges for New Horizons' services:
- IT consulting: $100-$250 per hour
- Application development: $50-$150 per hour
- Business process outsourcing: 10%-20% of the cost savings or revenue generated
- IT project management: 10%-20% of the project budget
Please note that these are rough estimates and may not reflect the actual fees charged by New Horizons for specific projects or services. The company's fee structure can vary depending on a range of factors, including the client's industry, the scope of the project, and the level of expertise required.