ITguy1957
-
Total Posts
:
1
-
Reward points
:
100
- Joined: 8/5/2012
-
Status: offline
|
Which consulting firms pay the best?
Sunday, August 05, 2012 5:36 PM
( permalink)
Does anybody know which IT consulting firm pays its consultants the most? What percentage of bill rate do they pay??
|
|
|
|
gjones
-
Total Posts
:
2296
-
Reward points
:
99830
- Joined: 6/5/2001
- Location: Ottawa, Ontario, Canada
-
Status: offline
|
Re:Which consulting firms pay the best?
Tuesday, August 07, 2012 7:53 AM
( permalink)
There is no right answer to this.. Each firm and each agent and each client and each contract will have different rates. As a new consultant to a firm they tend to have a higher margin but once you are established with a firm the margins drop to ~15-20% for short term, 10-15% for long term. Here are my tips. - Determine what your rate is and tell the Headhunters that what you want.
- Make sure that it is no too low.
- Make sure that you include within your rate all costs for example: Training, PC, internet, exams, holidays.
- Tell each headhunter that you want to know the margin that they are charging.
- Avoid any company or headhunter that will not tell you their margin. They will be nothing but trouble.
- Get certified! This help increase your rate.
- Determine if you want longer projects or short term projects. Short term means higher rates but potentially more downtime. Long term me, much lower rates.
|
|
|
|
pschwan
-
Total Posts
:
42
-
Reward points
:
16470
- Joined: 9/18/2008
-
Status: offline
|
Re:Which consulting firms pay the best?
Tuesday, August 07, 2012 9:15 AM
( permalink)
Keep in mind as well that pay often varies based on geographic location, especially if you would be primarily isolated to a particular region. So it's apples and oranges to compare a consulting position based out of Cleveland to a position based out of New York City.
|
|
|
|