3 ms·
1000$ ~= 640 pound ~= 800 euro - that's what a 'regular' consulting firm (i.e. not big four who will charge double that, but medium sized regional players) char
by roel_v 12y ago
1000$ ~= 640 pound ~= 800 euro - that's what a 'regular' consulting firm (i.e. not big four who will charge double that, but medium sized regional players) charged for a fresh out of school grad, in the UK. It's only slightly more than what a secretary in a law firm costs (although to be fair, they don't get billed out by the day). It's roughly what the most simple engineering studies are billed at ('calculate required dimensions for this steel beam with uniform load' - i.e. the sort of work they let (supervised) interns do, structural engineering 101).
Really, everybody reading this (yes also those in the UK!), if you are an experienced or senior software engineer and you're billing yourself out at these rates ($1000 a day), you're leaving money on the table. If the mentioned work is what I consider 'data science' (i.e., advanced applied statistics requiring fair amounts of high-end, performant software engineering), then $1000/day is really low if it's for anything more than what somebody can do as a weekend gig next to their day job.
- dreamfactory2 12y agoAgree although I would say that big 4 consulting firms charge much lower _average_ day rates than many small-mid agencies. It's a particularly effective ploy for winning gov and big infrastructure contracts. They make money by scaling to 100's of bodies on projects, mostly offshore (and even then their overall margins are wafer thin due to huge operational inefficiencies and shoddy program management).