When I look at my day rate being charged to client and what am paid I wonder where rest of money goes. While I can understand billing rates to be higher than your pay rate but 4-5 times higher?? I can’t get that. I feel many of consulting firms especially MBB and big 4 have over inflated rates as compared to services they provide. This needs correction sooner or later.

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

Rates are higher than pay rates because we have other expenses needing covered (for example - functions that aren’t revenue generating - IT, HR Etc). We need to generate enough revenue to not only pay for the direct sales teams (consultants) but all other overheads.

Also remember that consulting firms will charge whatever they can get away with, benchmarked to the rest of the market. If clients are willing to pay, then why decrease that cost?

If anything, firms are undercharging compared to what they used to. No firms that I’m aware of have increased day rates to match inflation. All the information above from other people is correct too, though I’d add in bench time.

This

In order of calc
Other parts of your comp
Indirect costs
Level of utilisation
Management costs / firm costs
Profit

And then on top, whatever you can get ‘away’ with

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Everyone complains about high healthcare costs in the US. I understand that it’s a complex problem including drug prices, insurances etc. But no one talks about the high physician salaries. Why do surgeons make near a million in the US while they make $250K in Canada?

The artificial supply limitation should end.

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Let’s talk pay!

Our industry is small and it can be difficult to find data. Please share the following:

- Title
- Salary
- Stock options and type
- Years of experience
- Location
- Remote, hybrid, on site

Here is mine:
- Senior UX Researcher
- $146,000
- 6.5 YOE
- San Francisco
- Remote (hybrid optional)

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How hard is a career pivot from digital advertising to a product manager or even developer? I’m learning python 🐍 and at the point where I’m working on a pretty advanced project. I think having technical skills in combination with digital marketing can increase my net worth in the long run .

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I'm 6 months old at D! Planning early promotion next year.. counselor and pm both are backing me.. I need to go to India for at least 4 weeks in Dec ... most probably would be rolling off from current project by then .. would this vacation hurt my promotion chances coz of utilization etc?

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Need suggestion urgently.
Currently working in TCS Bangalore in BFSI domain.
Yoe - 8.5
CCTC - 12.5
Grade - C3B
HR Ready to give - 17.5 and also got mail confirmation from HR.

Canada Onsite is already approved by country RMG and Immigration HR. Approved by canadian embassy also as got the official mail from tcs Canada with salary offered in Canada is 72K CAD.


Got job offer from HCL Bangalore
CTC offered - 23 LPA
Grade - E3.1

Please advice as not able to decide. TIA

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My area has a shortage of vet techs, yet all three clinics I’ve interviewed with are only offering minimum wage. I’d rather not commute to the next city if I don’t need to. Should I try to sell the ROI of hiring me at a liveable wage?

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Hi fishes,

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I’m in my 3rd year out of college. My salary is 85k with a bonus of 30k (35%), which brings my total comp just slightly below market. How can I ask for more base and less bonus?

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Looking for a salary range for an Investment Professional at JP Morgan?

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I am in Audit, started w/ one of the Big 4. Started at 68k finally be making above 100k with this new job. The new job is in NYC paying 120k. Never thought this would happen just grateful atm...3YOE

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Is it worth moving to Capco for 27 LPA ? As senior consultant ?

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I say get rid of the Probowl game and replace with all skill competitions, Madden comp, and dumb stuff like dodge ball and 3pt shooting contest.

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Hi Buddies ,

Any opening for Scrum Master/Agile Project manager roles

Please refer mine

Hardly looking for Job Change

Having PSM- 1,PSK - 1 certification and 8.6 YOE

Working Credit Risk Management Role across Portfolio 

Current Company : TCS

Regards
Rajesh

Need 11 likes to activate my DM, could you please help?

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Hi, can anyone refer me in IBM for Python developer position.

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Accenture 🐟

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