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A standard multiple for consulting shops is 3.15. As in, bill your contractors out at 3.15X what you pay them. Anything lower and you won't be able to keep up
by jasonkester 16y ago
A standard multiple for consulting shops is 3.15. As in, bill your contractors out at 3.15X what you pay them. Anything lower and you won't be able to keep up with overhead.
It sounds like they're doing that with this guy, so he probably won't be able to get much more out of them.
- exline 16y agoI haven't seen 3.15 before. That seems pretty high to me. 2x is closer to what I have experienced before, some times less if the overhead is low. If a company needs 3.15x, then they have some pretty serious overhead issues. Perhaps this is true for large consulting shops, I've only dealt with smaller ones.
- petervandijck 16y agoThat's not standard.