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Which consulting firms pay the best?

Sam Corvin
Greenhorn

Joined: Aug 05, 2012
Posts: 2
Does anybody know which IT consulting firm pays its consultants the most? What percentage of bill rate do they pay?
Paul Clapham
Sheriff

Joined: Oct 14, 2005
Posts: 19728
    
  10

For those considering answering this question: please bear in mind that the Ranch rules forbid discussion of specific firms. So that makes the question as stated unanswerable here -- but it doesn't rule out more general answers.
arulk pillai
Author
Ranch Hand

Joined: May 31, 2007
Posts: 3359
It depends. Every consulting firm has consultants at different rates. When they want to win a job, they send their highly paid best consultant. In performing the tasks, they do have a mixture of senior, mid level, and junior consultant. So, your focus should be in what is the best way to fast track your career through the ranks with the relevant skills, experience, and knowledge by working on some quality projects.


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Sam Corvin
Greenhorn

Joined: Aug 05, 2012
Posts: 2
That's great input. Really appreciate it. However I'm looking for guidance to specific firms, didn't realize that was against the rules. I'll try some different forums.
Paul Clapham
Sheriff

Joined: Oct 14, 2005
Posts: 19728
    
  10

I can say that when I was a consultant (30 years ago) I was billed out at about four times my salary rate. My daughter is now a lawyer and apparently roughly the same number applies to her today. But I suspect that's only an order-of-magnitude number and that firms may bill out their staff at higher or lower ratios, depending on things like the competition and the length of the contract and so on.
 
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