What would the typical daily rate be for a contractor who has 6+ years Big 4 consulting experience?

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

I just moved back into consulting from a few years contracting. 2 major variables are:

- the role / project scope
- Inside or Outside of IR35

Don’t underestimate the amount of admin you need to complete each month to run your own business. Also, whilst the daily rate may look appealing at face value, make sure from a comparison perspective that you include all of your B4 income (pension, bonus, car allowance etc)

likehelpful

I would just reach out to contracting recruiters with your CV and ask them what you can command in the market

like

I’m a hybrid BA/Analytics Consultant Contractor. Day rate is £650 on my first gig, inside IR35, take home is £4.4K a month but I’m only doing 3 days a week to focus on some other stuff. 4.5 YOE for reference

like

Trying to figure out what a good daily rate should be if I move into contracting. I see roles that offer £700 a day but I don’t know if I should be looking for more

What do you actually do? Most non tech contracting is BA/PM work, when it isn't there isn't a huge volume of it.

The £700 day rate sounds reasonable. More could be possible. I reckon £600-£800 is feasible for you.

My recommendation is reach out to recruitment consultants and ask them how much they reckon they can place you for. Good luck!

Rate differs depending on several factors, examples:
- Which tier consulting firm you worked for (MBB, Boutique Strategy Houses, then Big Four)
- Experience and position
- Client: PE vs Corporate vs Start-Up
- Project Length
- Industry

F

Related Posts

Should I leave my first permanent job as a team leader of 4 DPs in a FMCG business (only been there for 4 months) to join a huge Tech business for a 12months contract?

They offer me 60% more money than my permanent role. Circa 2000 dollars every month in my pocket

However, I am worried if I accept the tech role and I do not become permanent I will be looking again for a job in 12-24 months and my CV won't be showing a managerial position. Won't be showing any progress.

like

What is the pay range for Senior Manager at West Monroe Partners? Should I expect a base of 175k? What is bonus range?

like

Start up experience help! How much do you charge for taking on the entire UX of a startup companies’ app design?
Would you take a set amount of money or equity? Any experience here would help!

like

Is senior manager level in an investment bank(RBC ) lower than manager level in big 4? If yes , which title will be same to manager level in a big 4?

like

Hi, I got selected for LTI .
I can join in 20 days, Can I ask for joining bonus?
Is LTI gives joining bonus?

Also what grade I can expect for 6.7 years?
Kindly suggest

What is avg Data analyst salary having 4+ years of experience?

I have a ctc of 18 for 7 yoe at EY GDS and expecting a 10% hike on sept 30.

Got an offer for Mindtree, asked for 24 fixed, he said will get back to you, but hasn't yet

Is it too much a package??

like

Hi Fishes,

Please help me with In hand salary

TIA

Post Photo
like

Does IBM change Band 7a to 7b if we show counter offer ? Because the counter offer CTC comes in IBM 7b band range and IBM already offered max CTC on 7a band.

like

I am joining on 22 july. Please let me know whether july salary will come on month end or it will come in next month end with aug salary.

like

Hi fishes ,
I work with pwc ac banglore.
Will I need to pay back the joining bonus amount if i leave exactly after one year including 2 months of notice period.
Doj: 5 oct 21
Expect last working day: 5 oct 22
Expected Date of resignation: 4 aug 22

like

What is hike and bonus percentage year on year and for avg rated person (assuming 3 as avg)

like
like

DC - AFS, Senior Analyst making 88K salary with a 2K sign on bonus I had to negotiate is this a good deal?

like

What’s the minimum percent salary increase you’d leave your current job for?

like

How much % raise they usually offer for the one getting promoted from 601 —> 602?

Also, how much % raise one can ask for?

like

Hey everyone,
I just moved to the Indianapolis area and was hoping you could help identify what the salary market was here. I have my BS in mechanical engineering, MS in engineering management, and an MBA. I have been working in the auto industry for 7 years. Ideally I would love to find a project manager or similar position at a larger size company. Thanks for the help.

like

Hi all,
I need your favour here.
Do anyone has job referral for Business Analyst profile?

About me: 3.4yrs of workex-
Worked as a Sales Manager and across sales-Ops. 75% Team management+ 25% Data analysis and interpretation
Want to shift towards more data driven role.
I know advance Excel and SQL fundamentals.
Last drawn Ctc: 14lpa fixed

Any leads/suggestions would be helpful.

Thankyou :-)

like

Bhagwan ka dia hua kafi kuch hai, 5.5 saal ka experience hai, 18 LPA ka package hai, 3 saal ka Selenium, TestNG, BDD, Java mei experience hai. Bass kami hai toh ek lambe 35-40-50 LPA ke package ki.

Hence I need help, I will be looking for a switch in the next 2-3 months, but this time I want to make it big. I am ready to work hard, just need guidance from you, as to how to improve myself and gain a good package along with great work culture. Madad kro yar, gareeb ki dua milegi😁 TIA 🙂✌️

likesmart

Good Afternoon. I have been with my current company for ten months. They quickly realized that I was overqualified for the position I was given. I have been increasingly given more responsibility and even more side projects. I have also been proactive and searching for internal positions that fit my skill set. Can I get suggestions on when would be the opportune time to ask for a raise? Should I wait until my one year anniversary? How should I go about this?

like

More Posts

I am a Technical consultant with 7yoe. I want switch to Management Consulting. Looking for tried and trusted roadmaps.

like

Hello Fishs,

I have given 3 rounds of interview for the position of Lead SE. Now Hoping to go for Salary discussion round if 3rd round feedback comes positive.

What salary should i expected for Lead SE role in Gartner. Before the interview i quoted them between 31-34L and told them will be flexible on negotiation.

like

Trap, trap money Jamie
JP got me in my feelings
Gotta close deals wit it

like

Hello! I am hiring for a few different Engineering roles. Ranging from 3-5 years of experience with writing code or proficiency in a programming language. Please DM me if interested/fully remote! Growing startup and would love to add the talent.

like

H1B visa on passport says it expires in Aug-18 but firm immigration says my max-out date is in Dec-18. What is the process to get the actual visa expiry date extended?

Looking for some other options in performance reporting from fellow RIAs, who DON'T have integrated solutions with their custodian. Currently using IAS. They cost me about 6k-7k a year. Fed up.

like

Hi, need more likes and reacts for better reach and also looking jobs in Pune, MH, India for Software Testing.

like

Hi All,
I have 6 years of experience in WPF with MVVM and SQL Server.
Can anyone please refer me if any opening for WPF developer.
thank you 😊

like

LTI-Larsen and Toubro Infotech is Hiring!!
DM Your EmailID along with JobID to Apply!!

Post Photo
like

Need 11likes to enable DM.
Please hit like.

like
like

Is severance taxed higher? I got 1 month of pay but seemed to be taxed much higher

like

Any Hr people out there..my wife is going through a harassment case against her boss. He is retaliating against her and other staff. On going for years. Most recently she had to take a leave of absence. There is a formal investigation into him. What is the timeline this should take ? And should he be allowed to have 1on1 talks with other staff members?. He is in damage control now trying to buy everyone lunch and doing his own PR tour. Month into investig doesn't seem like much has happend yet.

like

What skills to have to make it to PO/PM in Faang?

like

What is the salary of newly joined Tax Associate in PwC IAC ?

Discover- want to get out there a few days early to visit a family member who lives in the area. Can I book my flight for a few days earlier or what’s the best way to go about this?

like

Traveling rajasthan alone in Dec, any recommendations? First time in India

like

1st time going to Spain in May. Thoughts on the itinerary? Barcelona 4 days -> Seville 3 days -> Cordoba 1 days -> Grenada 2 days -> Madrid 3 days

like

Who should get my loyalty? United or American?

like

Iceland to Ireland 🤔

Post Photo
like

Additional Posts in Londoners in Consulting

Hello everybody, I have an interview with Deloitte M&A analytics team.. it’s a case round. Any idea about the format or what kind of case they might ask ??Deloitte

like

What is the culture at KPMG London, especially for strategy roles and sustainability?

likefunny

Anyone from PA Consulting know the ranges for Consultant Analyst and what a typical offer package would look like?

like

Moving to London in September - looking for a place to live! Any recommendations on neighborhoods?

like

I have been interviewing with OW for about 5 months. Started interviews in late December, finished in March and now waiting on an offer. They said they were going to extend but it’s been weeks where they are “finishing up there offer”. Any insights into what’s going on? I’ve let them know I have a competing offer and they all but ghosted me.

like

Any ideas of the expected comp range for a strategy manager role in industry?

like

Is it true that EY pays no bonus to most practitioners?

like

Why are ACN UK members so inactive here despite a sizable population? First the slowest recruiter ever, then this. Not getting good vibes at all ever since I started interviewing with them. Currently at offer stage😐

likefunny

What’s the work-life balance at Strategy& and EY-Parthenon in the London offices? At the moment I’m averaging around 50-55 hours at my boutique - higher or lower?

like

Does anyone have experience travelling in or out of Heathrow over the last month? Got a trip booked and wondering what the border restrictions are like/ what documentation is needed for showing reason for travel (if any)

like

Anyone have any idea what a senior strategy consultant at HSBC pays? I’ve had a browse through glassdoor but would be good if there’s someone that has received an offer etc to give a more accurate idea. TIA

like

Does Capgemini Invent offer sign on bonuses? What salary could I expect for a cyber security consultant with nearly 1 YOE?

like

As an MBB consultant looking to move into industry, should I expect to take a pay cut? The roles I’ve come across so far seem to for less pay than I make now

like

Any perspectives on Strategy& Deals Strategy team in the UK? How do they compare with the likes of other T2 shops (EY-Parthenon / LEK / Oliver Wyman) in terms of comp, sectors and clients?

like

What are peoples thoughts on lockdown? Seems weird that it is likely to continue beyond April given all vulnerable will have had at least their first vaccine by then

like

Hey fishes, aside from the obvs candidates (fjord, Ideo, snook, deloitte digital, ey Parthenon, pwc consumer bit), who else is doing good work in the UX research/service design space? UK/Europe based.

like

Hello Fishes, I am joining Capgemini UK plc soon in business transformation unit as Sr Con. How is the WLB and yearly hikes? Any cautionary measures I need to ne aware of? Appreciate your inputs.

like

Any insights into Accenture Retail Strategy ? i.e., the acquired and recently rebranded Javelin Group in London

Accenture

like

Any EY-Parthenon folk willing to discuss an opening I came across? Senior Consultant in EYP strategy London

like

[New to London ask]
I have a super long tube travel to work like many I hope. What do you do in the tube? Any suggestions?

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