Simple question, binary answer: should day rate and consulting be indexed on inflation rates?

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If your client is willing to sign it why not?

likeupliftingfunny

That’s the main issue.
We saw we covid that cash treasury was most of the time a issue. But if there’s cash…

It would be nice, but that's not how any of this works

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Well, maybe not most of the time, yet I found surprising that the rates were above inflation rates in France in 2015. Rates were also economic growth partially for that reason.

Long story made short, I studied market research data purposely to start my own consulting firm.
I guess that it was possible due to a higher negotiation power on consulting houses sides at the time and also due to partners inclination to do it.
I might be wrong but I’m testing the hypothesis.
I am also a “never lower your price” partisan.
That said, I have seen that Bain’s Engine 2 plan is to compete at a lower price point on resource crowdsourcing offer.
The issue with the stance is the scissor effect, unless it’s risk or outcome based.

M1, can u elaborate?

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Yes it should be that way.

helpful

Typically no . Since For the last 40 years inflation wasn’t material issue for 1-2 years long engagements . With 10% inflation it might change

smart

No. You should be able to value sell yourself above inflation.

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