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Additional Posts in Londoners in Consulting
Hi fishers! I have offer and signed contract with Deloitte UK and my start day is in the beginning of April. I need skilled worker visa, and we haven’t applied yet for that. Screening and onboarding is in progress. Immigration team doesn’t reply since reached me out 1st time. How much time does it usually needed to go through the whole process? How many days take for visa to be approved since application?Deloitte
What is the culture like, type of work and reputation of Capco in the Data & Analytics space?
I have some good ex colleagues who moved over there and also looked up on LinkedIn and see lots of seemingly smart and accomplished people in their D&A team in the UK.
I'll ask my ex colleagues too, but wanted to see if people here have any opinion or information on this too.
TIA
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Rising Star
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?
Pro
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.
Pro
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