It's Time and Materials/staff aug contracting - meaning Deloitte isn't selling an end product, they are selling staff on a per hour basis. As with other types o

It's Time and Materials/staff aug contracting - meaning Deloitte isn't selling an end product, they are selling staff on a per hour basis. As with other types of contracting, the hourly rate has a huge markup on it to cover indirect costs as well as profit. They make a lot less profit than you think though. Most of it is indirect costs.