State of the Market

[SussexSeagull]

Partial success. Have a part time contract starting next Wednesday. Minimum of two days a week and not great money (although WFH) but might need to more work and eventually full time.

Done through someone I have through before. Seems to be the only game in town at the moment.

[edison]

Subscribe to read | Financial Times

Day rates for consultants advising on government projects can reach thousands of pounds per day. Executives at Boston Consulting Group, one of the three largest US advisory firms, were charged out to the government at rates of around £7,000 a day to work on developing the UK’s test-and-trace system.

Yeah but the people doing the work don't get paid that. Charge out rates don't necessarily correlate with pay rates

It’s difficult to gauge rates at an ‘MBB’ firm (McKinsey/BCG/Bain.) They historically priced up assignments (AKA cases) on an individual basis rather than use a rate card. According to a US equivalent of FOI, for government work, McKinsey has a top day rate of $16,000 which is about £12k.

A £7k a day rate is probably someone at junior partner level overseeing an assignment. Don’t feel too sorry for them, they still likely earn up to $1m a year.

A mate of mine worked at a large UK bank and said he used to have several McKinsey guys sitting near him all charging £7k a day but he was never quite sure what they did...

[founder]

Partial success. Have a part time contract starting next Wednesday. Minimum of two days a week and not great money (although WFH) but might need to more work and eventually full time.

Done through someone I have through before. Seems to be the only game in town at the moment.

well done chum

[founder]

morning all, up at 520am to crank out a startup social network

[edison]

morning all, up at 520am to crank out a startup social network

Good luck with that one - presumably you're not trying to compete with any of the established social networks like Facebook, LinkedIn etc?

[founder]

Good luck with that one - presumably you're not trying to compete with any of the established social networks like Facebook, LinkedIn etc?

i think im niche enough to be reinventing the wheel too much

[Paralytic]

£800/day Java

Market can't be that bad. I had an email today containing this £800/day Java developer role

Hunter Bond | Finance & Technology Recruitment Specialists

Want to go perm? No problem, earn up to £200K

Hunter Bond | Finance & Technology Recruitment Specialists

[CheeseSlice]

Market can't be that bad. I had an email today containing this £800/day Java developer role

Hunter Bond | Finance & Technology Recruitment Specialists

Want to go perm? No problem, earn up to £200K

Hunter Bond | Finance & Technology Recruitment Specialists

I'm guessing its an inside role or a honeypot advert..

"Oh I'm sorry, that role has gone already but I have this new one paying £500 p/day just come in."

[nomadd]

"Oh I'm sorry, that role has gone already but I have this new one paying £500 p/day just come in."

"..And now you've wasted three months on interviews and stupid tests, the client has just informed me they can only stretch to £300/day. Are you still interested?"

[NowPermOutsideUK]

Market can't be that bad. I had an email today containing this £800/day Java developer role

Hunter Bond | Finance & Technology Recruitment Specialists

Want to go perm? No problem, earn up to £200K

Hunter Bond | Finance & Technology Recruitment Specialists

It’s even better then that. 200k plus bonus plus benefits!!! So a 300k package. This is clearly a spoof