Curious as I've just started working with a small-sized London based consultancy. I'm being paid circa £500 a day, curious as to what they (and those like them) charge end clients. Anyone with insider experience/knowledge on this? Does it vary widely based on sector/seniority? This is development work mainly, not management type work.
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Day rate charged by IT Consultancies to end clients
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Originally posted by theroyale View PostCurious as I've just started working with a small-sized London based consultancy. I'm being paid circa £500 a day, curious as to what they (and those like them) charge end clients. Anyone with insider experience/knowledge on this? Does it vary widely based on sector/seniority? This is development work mainly, not management type work.
Do you work on site? Surely someone will drop a bollock at some point and let slip the rate when they are complaining how much they are being charged? One of my clients had Accenture in and the their team must have had an average age of about 26. Client was forever moaning about how much they were paying for kids.
Shouldn't be too hard to find a document with the prices on somewhere if you keep your eye out as well.
One thing though. Don't get hacked off when you find out. It's completely different to agents who just cream a bit for doing next to nothing. The rate consultancies cover also pays for a lot of non revenue generating associated with the delivery. Service or account managers for example.'CUK forum personality of 2011 - Winner - Yes really!!!! -
likely somewhere between £800 and £1200.
Buying at 500 and sell for 800 is something they don't like so they're either over-paying you, undercharging the client, or you're being charged out at around £1000.
And thus it has ever been.See You Next TuesdayComment
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Originally posted by northernladuk View PostOne of my clients had Accenture in and the their team must have had an average age of about 26. Client was forever moaning about how much they were paying for spreadsheet jockeysComment
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Is there an agent as well as the consultancy? If there is you can kiss good by to at least £50 - £150 a day. The consultancy will be on at least 900 a day for you that said the heady days of the 90's where 2k per day was common seems to have vanished for all but a few...Comment
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Originally posted by bobspud View PostIs there an agent as well as the consultancy? If there is you can kiss good by to at least £50 - £150 a day. The consultancy will be on at least 900 a day for you that said the heady days of the 90's where 2k per day was common seems to have vanished for all but a few...'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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In my case $310 an hour.
I don’t see that but there is a 1 year budget for a previous end client with only my name on it so I don’t caremerely at clientco for the entertainmentComment
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Originally posted by northernladuk View PostCan you elaborate a little?
The consultancy charges the client X for you. Out of that the agent takes y. You then get paid Z.
Normally the rate the client charges you is a minimum of 3 times your day rate.
However some consultancies use a mixture of UK and overseas bods. Using overseas bods makes them appear cheaper to the client."You’re just a bad memory who doesn’t know when to go away" JRComment
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Most of the smaller consultancies use contractors they've worked in the past or recommendations from their consultants and bring in associates direct. No agents involved.
That's what mine does, anyway."I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
- Voltaire/Benjamin Franklin/Anne Frank...Comment
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Consultancy markup is normally x2 your daily rate very broadly speaking, I read somewhere.______________________
Don't get mad...get even...Comment
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