Day rate charged by IT Consultancies to end clients

[Bee]

At Excel and PowerPoint. And you don't pay 1200 quid a day to get someone who's gaining experience.

More drivel, should I explain why? I hope not.

[MrMarkyMark]

At Excel and PowerPoint. And you don't pay 1200 quid a day to get someone who's gaining experience.

Exactly and that's a standard rate for a body.
I've lost count of the number I have had to lead/train especially in the more technical aspects.
Even their more expensive Principals were usually not much better.
Usually well qualified academically, but don't expect much else.

[northernladuk]

Exactly and that's a standard rate for a body.
I've lost count of the number I have had to lead/train especially in the more technical aspects.
Even their more expensive Principals were usually not much better.
Usually well qualified academically, but don't expect much else.

That feeling when you've spent a couple of days talking one of them through something and the next week it appears verbatim on a fancy power point and the management love it

[northernladyuk]

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.

Depends on the size. 35% to 150% markup I guess. I worked for a very decent small consultancy a few years back and the owner told me exactly how much I was being charged at.

[BR14]

More drivel, should I explain why? I hope not.

i guess you're one of arthur's androids then??

[jmo21]

More drivel, should I explain why? I hope not.

go on then Bee, tell us why!

[SueEllen]

go on then Bee, tell us why!

It is drivel.

There are loads of IT consultancies around from the big bods - who you guys are moaning about to - to medium size and smaller consultancies.

The big bods are full of tulip unless you are lucky enough never to have to go on a consultancy site, while the SME ones are only interested in getting people in who can do the work. One problem with some of the SME ones is if they intend to become like the bigger bods they start employing people do tulip.

[northernladuk]

It is drivel.

There are loads of IT consultancies around from the big bods - who you guys are moaning about to - to medium size and smaller consultancies.

The big bods are full of tulip unless you are lucky enough never to have to go on a consultancy site, while the SME ones are only interested in getting people in who can do the work. One problem with some of the SME ones is if they intend to become like the bigger bods they start employing people do tulip.

You are right... But wrong. The chain starts with me making a point about Accenture sending young people in which Bee called Drivel and you are qualifying a completely different point now so it's getting confused.

[pauldee]

My first dev job was for a company at the end of a chain of contractors (I was a permie). By the time the company at the top of the chain had taken their cut it was 1000% of the rate I was being paid. I was doing really basic stuff. The end client was public sector.

[Bluenose]

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.

The smaller consultancies will generally top out at contractor rates so if you are direct with them and not via agency then take your rate and add 45%. That is probably your charge out rate.

If via agency then add 2,500%.

Just kidding, add 10% more so £500pd + 55%.

Realistically your charge out rate is approx £800pd.

Rate cards for the big boys start at 800 and go all the way up to 3,000-4,000pd for a partner. £1,400-£1,600 per day is the average I see for a mid-level consultant.

It is far rarer than you think to see a mid-level consultant on a £1,600 day rate billing for 5 days per week at the same client for very long periods.

re: £500pd. Be wary of that number. The amount of jokers that call me up offering £500 per day, I think large parts of the industry just default to that rate no matter what you do. You will be surprised over a 5 year period how many will pay you far more as they can't get anyone at that exact time to work for that figure, you just need to be willing to take a chance. I think in part its a hang-over from the recession.