Can someone explain to me why companies who hire consultants agree to pay for the consultants to fly first class / stay in five star hotels / etc? Not meant in a hateful way but I’m genuinely curious who wants to hire consultants who make $200k entry level (400k billed to the company) plus $50,000 in travel expenses.

like
Posting as :
works at
You are currently posting as works at

I can tell you that’s definitely NOT the case as a current consultant who has been on domestic and international projects. The budgets are PENNIES. We’re even lucky if we can expense a $30-50 dinner.

So those days of spending the clients money and living it up on FAT SALARIES or EXPENSES are LONG GONE.

like

Yeah, I agree with C1, there’s barely any budgets for anything; majority of our clients are okay with us delivering virtually.

like

Because in many cases they're not?

Expense policies / billing clients for stuff like hotel stays / meals often varies by consulting firm, or even clients / types of projects within the same firm.

like

If you’re paying $100-200k per week/month, you’re not gonna sweat whether someone stayed $450 a night at the Ritz or $300 at the Hilton for a few days anyways

like

Blackstone (and other companies) don’t give af what hotel we stay at or our first class flight policy - they just care that we deliver what they want. The price they pay is effectively locked in (generally) when they sign SOW

like

So all the tiktokkers posting about the Ritz are just trolling? Damn, haha

with the hours they expect us to work the least I can do is stay at a ritz or an edition. the 5 star hotel is $400-500 an night while a 4 star one is $300-400, not a huge diff

Granted, I’m fairly new but:
Working on the plane is easier in business class? More time to work = create more value.
Five star hotel is ultimately the same principle, save more time and therefore work more.
The “perk” of the above things also helps draw in competitive talent. If you want to hire the best consultants then you have to attract the best consultants and the best people will want to work in the best possible conditions.

Yeah because the WiFi at a Four Seasons is so much faster than a Marriott

likefunny

it’s a high margin business

Related Posts

Hi Fishes,

What is the market salary range for a Temenos UXP developer with 5 years experience and if willing to switch how much can he/she can ask for?

Over 12YOE working in industry on security. First client facing gig...got an offer for 200k base and 40k signing bonus. Should I negotiate higher or am I pushing it.

like

UBS If I had to move within the company to a different location , how does it work? For example if I move from low cost of living area to high cost of living area does the company re-evaluate the base salary within USA? Or do they come back and mention its your family requirement since your partner is located and you are moving ?Suggestions or experiences any !

like

PWC INDIA VS EY GDS.
EY GDS is offering 18 lpa and senior consultant 1 roles + 1 lpa join in bonus+VP 10%
PWC india is offering 15.5 lpa + 2 lpa Join in bonus + VP(not mentioned) and senior consultant 2.
Currently in one of the BIG 4 in IT Risk advisory.
YOE : 2 + MBA from tier 2
Location: same for both
Please help me decide based on the growth opportunities, earning potential and long term impact of choosing india vs global practice.

like

Hi Fishes, Help me to choose between SAP LABS and Walmart. Both are paying same in fixed. Yoe - 5 SAP Walmart

like

How much do CCOs make? Mid to large size agency in a major city?

like

When do newly promoted seniors at EY get their bonuses?

like
like

As an outsider, I’m curious if anyone here could list some of the top architecture firms are and what the title / comp progression might look like?

like

How much was your bonus this year?

like

Currently working as product owner with a tier 2 Product organisation with a CTC of 33 lpa and company is quite stable and old. Just got an offer of 48 from a series B funded startup in AI, is worth taking risk ? My yoe is 10 years in Product management.

like

What is the salary range for Senior Consultants working with the Big 4
(Deloitte, PWC, KPMG, EY)?

like

Can anyone help to let me know the pay structure in taiwan for 9 year experienced with masters.

Thanks

What salary can I expect for PWC Consulting (Advisory) in Dubai? Base + Housing Allowance?

like

Is there a definitive guide to cost of living? The obvious cost of living centers (SF, NYC, LA etc.) get covered a lot, but I’m wondering where my city falls. It’s a modest Midwest city with ~100k residents but is a relatively touristy spot. It often feels like a MCOL area but I’m not sure how to adequately judge that, and it would be helpful to know when comparing salaries and the like.

Did they remove the post showing year over year salary from earlier today?

like

Anyone working as an LVN in Wyoming ? Trying to see what the usual hourly wage is supposed to be out here. I’m currently in Sheridan, Wyoming

like

Is it worth joining Accenture Strategy as a Consultant (L9) with 6 YoE? How is the quality of projects ? What is work life balance like? How about base salary, bonus, perks?

like

9 years in Data engineering. How much can one expect from Axtria ?

TA Digital - 22 lpa fixed
Mindtree - 22.5 lpa (including 12% bonus)
YOE - 5+
Better option?

like

More Posts

Hi,
What salary is offered in SAP LAB for SAP ABAP with BTP skill with 8+ yrs exp?

like

Thank you Gerry!

Post Photo
likefunnyupliftingsmarthelpful

I recently was let go (in lieu of accepting my two weeks) and I should have received my March expense check by the end of April per the employment agreement (submitted the report April 1, let go before mid April). I have emailed HR but haven't heard anything. I've got a feeling someone at the top is putting a hold on it.

How do I get my money from them? It's a few hundred dollars

Sorry if this isn't the right bowl for this question - I've checked a few.

like

Hi fishes,

I think I am slipping into depression. My life seems to have no meaning and all I do is work. I don't get time for myself or my family, friends and loved ones. But I can't leave my job and take a break as I need the financial support.

I also feel I am earning way less than my peers which makes me feel like a loser. 4.5 years of work-ex and 16LPA.

What should I do? I need good wlb but also need money badly.

likefunnysmarthelpfuluplifting

Hi all, I have a friend who has a PhD in reproduction physiology (beef cattle) and is looking to transition to consulting. What firms have good animal science consulting arms? Is that a thing?

like

BCG fishes: If you make a temporary transfer to another office for 12-24 months, will your salary (& taxes) come from the home office or the office that you transferred to?

likehelpful

Anyone have a Southern Hemisphere Island that you’d let someone come to purchase items at your stores and do some fishing?

like

I have left CG 18th of last month, how many days they typically take for full and final settlement?

like

The dickiest of dick moves is to schedule a 9am meeting and then move it at 8:45 the morning of.

like

Angel investors invest at the most risky time & take exit at the most lucrative time

That’s why they’re called angels, but why is it VC with the GOD complex.

like

Can some from Optum help me to fill self evaluation for common review. Iam new to Optum and not getting what to fill. If anyone shares what they filled , would do a copy paste.😂 Thanks Optum Tata Consultancy Deloitte

funnylike

Would a second year FDD associate salary be about 90k?

like

Hi folks, Can someone tell if below salary is sufficient for one person (6 YOE) to live in Melbourne, Australia


C&B fixed (gross): AUD 6500/ month Monthly overseas allowance: AUD 5800/month

like

Anybody knows how much earns an average line cook in Orlando, Florida? And how many hours have to work to get a decent wage

like
like

Currently working as a process engineer in switzerland (south east). Salarys and Rent are Medium High. Current salary around 80k. Trying to switch to sales (same company). Had a talk with the teamleader. He talked about the job and told me that they were actually looking for a junior sales (and some product management responsibilities ). That they are looking for a junior isn't to bad, because i have no experience in sales (customer contact yes, but no sales) What salary can i expect?

like

Any good books for someone trying to understand the business side of marketing? Just got my review an they're asking I bring more of that MBA mindset to projects I'm on.

like

Anyone in Chicago have recommendations for places to watch shop? Looking in the few hundred $ range. In the city today and disappointed by the selection at Nordstrom and I’m pretty sure Macy’s closed.

like

Friends - I have created this bowl to discuss US immigration issues, policies and strategies. Post your specific question related to US immigration and get it answered on this bowl. Request you to keep the discussion civil and professional. We are consultants and are here to help each other out.

#Immigration

like

BAL and Fragomen associates, has their been any effort to push associate salaries up? If not, what is their excuse?

It seem like the two biggest immigration firms are severely lagging behind in compensation while other larger firms with immigration practices are pushing up comp.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal