McKinsey & Company NewsWatch

This report provides Monadnock Research estimates for 2026 Strategy Consulting rates in the US from our firm's continuous cross-industry consulting rate analysis of current negotiated MSA rates between clients and strategic firms. Mean and median hourly, daily and weekly rates are provided for 15 categories of professional, with full detail on experience, education and customary titles for each level. The report also provides weekly team-based rates for the 10 most common strategy project team types. Legacy firm category break-outs include: Large Strategy Specialists; McKinsey, Bain and BCG; Small and Midmarket Strategy Specialists; Large Operations Specialists; Small and Midmarket Operations Specialists; Large Financial, Legal and Risk Advisory Specialists; Big Four; Large HR Specialists; and Large IT Consulting Specialists. The report also provides a section on frequently used strategy consulting terms and regional breakouts for 15 large US metro markets. (109 pages, 54 Exhibits)...More

This report provides Monadnock Research estimates for 2025 Strategy Consulting rates in the US from our firm's continuous cross-industry consulting rate analysis of current negotiated MSA rates between clients and strategic firms. Mean and median hourly, daily and weekly rates are provided for 15 categories of professional, with full detail on experience, education and customary titles for each level. The report also provides weekly team-based rates for the 10 most common strategy project team types. Legacy firm category break-outs include: Large Strategy Specialists; McKinsey, Bain and BCG; Small and Midmarket Strategy Specialists; Large Operations Specialists; Small and Midmarket Ops Specialists; Large Financial, Legal and Risk Advisory Specialists; Big Four; Large IT Consulting Specialists; and Large HR Specialists. The report also provides a section on frequently used strategy consulting terms and regional breakouts for 14 large US metro markets. (108 pages, 53 Exhibits)...More

This report provides Monadnock Research estimates for 2024 Strategy Consulting rates in the US from our firm's continuous cross-industry consulting rate analysis of current negotiated MSA rates between clients and strategic firms. Mean and median hourly, daily and weekly rates are provided for 15 categories of professional, with full detail on experience, education and customary titles for each level. The report also provides weekly team-based rates for the 10 most common strategy project team types. Legacy firm category break-outs include: Large Strategy Specialists; McKinsey, Bain and BCG; Small and Midmarket Strategy Specialists; Large Operations Specialists; Small and Midmarket Ops Specialists; Large Financial, Legal and Risk Advisory Specialists; Big Four; Small and Midmarket Advisory Specialists; Large IT Consulting Specialists; and Large HR Specialists. The report also provides a section on frequently used strategy consulting terms and regional breakouts for 14 large US metro ma...More

This report provides Monadnock Research estimates for 2023 Strategy Consulting rates in the US from our firm's continuous cross-industry consulting rate analysis of current negotiated MSA rates between clients and strategic firms. Mean and median hourly, daily and weekly rates are provided for 15 categories of professional, with full detail on experience, education and customary titles for each level. The report also provides weekly team-based rates for the 10 most common strategy project team types. Legacy firm category break-outs include: Large Strategy Specialists; McKinsey, Bain and BCG; Small and Midmarket Strategy Specialists; Large Operations Specialists; Small and Midmarket Ops Specialists; Large Financial, Legal and Risk Advisory Specialists; Big Four; Small and Midmarket Advisory Specialists; Large IT Consulting Specialists; and Large HR Specialists. The report also provides a section on frequently used strategy consulting terms and regional breakouts for 14 large US metro ma...More

This report provides Monadnock Research estimates for 2022 Financial Advisory rates in the US from our firm's continuous cross-industry consulting rate analysis of current negotiated master service agreements between clients and strategic firms. Services that fall within the scope of this report include: Financial management, Financial performance improvement, Finance strategy and policy, and Finance transformation. The report includes rate breakouts for the Big Four and other Advisory Specialists and other specialists with a legacy in Strategy. Mean and median hourly, daily and weekly rates are provided for the 15 most common categories of professional, with full detail on experience, education and customary titles for each professional level. We also include Financial Advisory rate differential break-outs for 14 large metropolitan markets across the US (83 Pages, 45 Exhibits)....More

This report provides Monadnock Research estimates for 2022 Transaction Advisory rates in the US from our firm's continuous cross-industry consulting rate analysis of current negotiated master service agreements between clients and strategic firms. Services that fall within the scope of this report include: Pre-deal assessment; Operational assessment; Lead advisor; Deal structure; Debt advisory; Strategic and commercial intelligence; Vendor due diligence and assistance; Transaction due diligence; Contracts; and Post-transaction execution. The report includes rate breakouts for the Big Four and other Advisory Specialists, and other specialists with a legacy in Strategy, Operations, HR and IT consulting. Mean and median hourly, daily and weekly rates are provided for the 15 most common categories of professional, with full detail on experience, education and customary titles for each professional level. We also include Transaction Advisory rate differential break-outs for 14 large metropo...More

This report provides Monadnock Research estimates for 2022 Strategy Consulting rates in the USA from our firm's continuous cross-industry consulting rate analysis of current negotiated master service agreements between clients and strategic firms. Mean and median hourly, daily and weekly rates are provided for 15 categories of professional, with full detail on experience, education and customary titles for each level. The report also provides weekly team-based rates for the 10 most common strategy project team types. Legacy firm category break-outs include: Large Strategy Specialists; McKinsey, Bain and BCG; Small and Midmarket Strategy Specialists; Large Operations Specialists; Small and Midmarket Ops Specialists; Large Financial, Legal and Risk Advisory Specialists; Big Four; Small and Midmarket Advisory Specialists; Large IT Consulting Specialists; and Large HR Specialists. The report also provides a section on frequently used strategy consulting terms and a regional breakouts for 1...More

Table of Contents: (1) 2021-2022 US HR Consulting Rates; (2) Aon Cancels $30 Billion Planned Merger with Willis Towers Watson; Aon to Pay $1B Termination Fee; (3) Massachusetts Governor Under Pressure to Fire McKinsey in HR Transformation Project; (4) Capgemini to Acquire Australian Cloud Computing Specialist, Empired Limited; (5) Accenture Acquires Workforce Insight, Ethica, Openmind and Trivadis; Reaches Agreement to Acquire HRC Retail Advisory; (6) Consulting Leadership: Aon and Accenture; (7) Thought Leadership: Crunchbase. (1,995 words)...More

This report provides Monadnock Research estimates for 2021 US Tax Advisory and Compliance rates in the US from our firm's continuous cross-industry consulting rate analysis of current negotiated master service agreements between clients and strategic firms. Tax Advisory includes the areas of International and Corporate Tax; Private Wealth Management; Merger, Acquisition and Divestiture Tax; Trade and Customs; Transfer Pricing; Property and Real Estate Tax; Indirect Tax; Tax Audits; Tax Investigations; Tax Management; Tax Risk Mitigation; and Tax Outsourcing. Tax Compliance includes the areas of Corporate Tax Return Preparation; Employee Income Tax Returns; Withholding Tax Returns; VAT Returns; Tax Compliance Process; Tax Compliance Control; Tax Compliance Technologies; Tax Authority Inquiry; Tax Authority Examination; and Tax Compliance Planning. The report includes rate breakouts for Large Advisory Specialists, the Big Four, and Small and Mid-Sized Advisory Specialists, for each of th...More

This report provides Monadnock Research estimates for 2021 Transaction Advisory rates in the US from our firm's continuous cross-industry consulting rate analysis of current negotiated master service agreements between clients and strategic firms. Services that fall within the scope of this report include: Pre-deal assessment; Operational assessment; Lead advisor; Deal structure; Debt advisory; Strategic and commercial intelligence; Vendor due diligence and assistance; Transaction due diligence; Contracts; and Post-transaction execution. The report includes rate breakouts for the Big Four and other Advisory Specialists, and other specialists with a legacy in Strategy, Operations, HR and IT consulting. Mean and median hourly, daily and weekly rates are provided for the 15 most common categories of professional, with full detail on experience, education and customary titles for each professional level. We also include Transaction Advisory rate differential break-outs for 14 large metropo...More

Table of Contents: (1) 2020-2021 US Strategy Consulting Rates; (2) Three Big Four Firms Show Fiscal 2020 Growth, Led Mostly by Consulting; (3) Accenture Launches Cloudfirst; Agrees to Acquire N3; (4) Deloitte and Former Partners Sanctioned with Largest Penalties in UK FRC History; (5) Rapidly Growing German Robotics Consulting Start-up Receives $21 Million in Funding; (6) FTI Consulting Launches Real Estate Business Transformation Practice; (7) EY Offers Consultants No-Cost MBA Education Through Hult International Business School; (8) Consulting Leadership: FTI, EY, SAIC and Grant Thornton; (9) Thought Leadership: Korn Ferry and CEG. (2,950 words)...More

The current edition of the report provides Monadnock Research estimates for 2020-2021 Strategy Consulting rates in the USA from our firm's continuous cross-industry consulting rate analysis of current negotiated master service agreements between clients and strategic firms. Mean and median hourly, daily and weekly rates are provided for 15 categories of professional, with full detail on experience, education and customary titles for each level. The report also provides weekly team-based rates for the 10 most common strategy project team types. Legacy firm category break-outs include: Large Strategy Specialists; McKinsey, Bain and BCG; Small and Midmarket Strategy Specialists; Large Operations Specialists; Small and Midmarket Ops Specialists; Large Financial, Legal and Risk Advisory Specialists; Big Four; Small and Midmarket Advisory Specialists; Large IT Consulting Specialists; and Large HR Specialists. The report also provides regional breakouts for 14 large US metro markets. (101 pag...More

Table of Contents: (1) 2020 On-Site vs. Off-Site Consulting Rate Differentials; (2) Gender Diversity in Consulting; (3) McKinsey, Bain and BCG Offer Advice to Leaders in the Global Crisis; (4) A.T. Kearney Rebrands as Kearney-; (5) Accenture Acquires Kates Kesler, Callisto, Nike Group, Revolutionary Security and Yesler; (6) EY-Parthenon Acquires Strategy Consultancy, Port Jackson Partners; (7) Atos Acquires Miner & Kasch; (8) AON -- Willis Towers Watson Combination to Move Forward; Pandemic Pay Cuts Loom; (9) McKinsey Plays Prominent Role in US Strategic Planning for Post-Corona Economic Rebound; (10) xxx; (11) Consulting Leadership: Accenture and Atos; (12) Thought Leadership: Korn Ferry. (2,825 words)...More

Table of Contents: (1) 2020 UK Information Technology Consulting Rates; (2) 2020 UK Operations Consulting Rates; (3) Capgemini Agrees to Acquire Purpose; Regulators Allow $4B Altran Deal to Proceed; (4) Accenture Announces Reorganization; Completes Acquisitions of maihiro and Clarity; (5) Canadian Cybersecurity Firm, Cytelligence, Acquired by Aon; (6) McKinsey Makes Series A Investment in Cybersecurity firm, Praetorian; (7) SAIC to Acquire Unisys Federal in $1.2 Billion Transaction; (8) Segal Acquires Retirement Systems Consultancy, LRWL; (9) Quartz Publishes Series on Risk When Biggest Auditors Became Bigger Consultants; (10) Ankura Acquires Ann Arbor-based 284 Partners; (11) Consulting Leadership: Accenture, PA Consulting and SAIC; (12) Thought Leadership: Accenture. (2,825 words)...More

Table of Contents: (1) 2019-2020 UK Strategy Consulting Rates; (2) Big Four Fiscal 2019 Consulting Revenues Up 7.3 Percent; Audit Up 1 Percent; (3) Accenture Has Strong Q1 2020 Consulting Results; Acquires Apis and Clarity Insights; (4) Infosys Settles California Lawsuit; Investigates Whistleblower Complaint to SEC; (5) Former Bain Partner May Testify Against Firm in South African SARS Investigation; (6) French AMF Announces Closing Date for Capgemini's Tender Offer for Altran; (7) Monadnock Research Portal Subscription Fee Increase; and (9) Consulting Leadership: Accenture and BDO. (1,750 words)...More

This report provides Monadnock Research estimates for 2019-2020 Strategy Consulting rates in the United Kingdom from our firm's continuous cross-industry consulting rate analysis of current negotiated master service agreements between clients and strategic firms. Mean and median hourly, daily and weekly rates are provided for the 15 most common categories of professional, with full detail on experience, education and customary titles for each level. The report also provides weekly team-based rates for the 10 most common strategy project team types. Legacy firm category break-outs include: Large Strategy Specialists; McKinsey, Bain and BCG; Small and Mid-Market Strategy Specialists; Large Operations Specialists; Small and Mid-Market Ops Specialists; Big Four; Small and Mid-Market Financial, Legal and Risk Advisory Specialists; HR Specialists; Large IT Consulting Specialists; and Small and Mid-Market IT Consulting Specialists. The report also provides regional breakouts for 11 large UK m...More

This report provides Monadnock Research estimates for 2019-2020 Strategy Consulting rates in the US from our firm's continuous cross-industry consulting rate analysis of current negotiated master service agreements between clients and strategic firms. Mean and median hourly, daily and weekly rates are provided for the 15 most common categories of professional, with full detail on experience, education and customary titles for each level. Rate differential break-outs are included for 14 large metro markets in the US. The report also provides weekly team-based rates for the 10 most common strategy project team types. Legacy firm category break-outs include: Large Strategy Specialists; McKinsey, Bain and BCG; Small and Mid-Market Specialists; Large Operations Specialists; Small and Mid-Market Specialists; Big Four; Small and Mid-Market Financial, Legal and Risk Advisory Specialists; HR Specialists; Large IT Consulting Specialists; and Small and Mid-Market IT Consulting Specialists. (105 p...More

Table of Contents: (1) Big Four Fiscal 2018 Consulting Rankings and Audit Conflict Risk Metrics; (2) Jay Alix Loses Battle with McKinsey; But the AlixPartners/McKinsey Legal War Continues; (3) UK Regulator May Consider Alternatives to Proposed Split of Big Four Consulting and Audit Operations; (4) BDO USA Acquires Management Consultancy, AC Lordi; (5) Accenture Completes Acquisitions of Droga5 and ESP; (6) Consulting Leadership: Deloitte, EY, PwC, BearingPoint and Navigant; and (7) Thought Leadership: A.T. Kearney and PwC. (2,950 words)...More

Table of Contents: (1) Saudi Authorities Release Cofounders of McKinsey's Elixir Subsidiary; (2) IMF Chief Warns Some Nations Not to Hire Global Consulting Firms for Economic Development Work; (3) Port of Delaware Disputes $10.5 Million Seabury PFRA Success Fee; (4) SAIC Completes Acquisition of Engility; (5) Accenture Completes Knowledgent and Adaptly Transactions; To Acquire Orbium; (6) A.T. Kearney Acquires Analytics Consultancy, Cervello; (7) Segal Group Acquires Benz Communications; (8) Bain Capital Acquires Controlling Stake in Digital Services Firm, Brillio; (9) Consulting Leadership: Accenture; and (10) Thought Leadership: Accenture and McKinsey. (2,025 words)...More

Table of Contents: (1) Accenture Completes Kolle Rebbe, New Content and PrimeQ Transactions; To Acquire Adaptly and Part of Zafin; (2) SARS Corruption Investigators Issue Scathing Report on Actions of Bain and Gartner; (3) PA Consulting Acquires Digital Services Firm, Friday; (4) Weber Shandwick Launches Management Consulting Practice, United Minds; (5) Omnicom Launches Marketing Strategy Consultancy, the AI Impact Group; (6) Former Edelman Executives Launch I-sekai; (7) BearingPoint Acquires Belgian IT Consultancy, Inpuls; (8) Consulting Leadership: Accenture, Oliver Wyman, PA Consulting, Navigant and SAIC; (9) Thought Leadership: McKinsey and Accenture and (10) 2018 - 2019 Global Management and IT Consulting Rate Research Subscriptions and Availability. (2,858 words)...More

Table of Contents: (1) 2018-19 UK Marketing and Interactive Consulting Rates; (2) 2018-19 UK Financial, Accounting, Legal, Risk, Compliance and Transaction Advisory Rates; (3) 2018-2019 UK Tax Advisory and Compliance Rates; (4) PA Consulting Acquires Essential Design; (5) Accenture Closes Intrigo Transaction; To Acquire New Content and Kolle Rebbe; (6) Booz Allen, McKinsey and BCG Play Key Role in Power Consolidation of Saudi Arabia's Crown Prince; (7) WPP to Sell Consultancy Arm, Kantar; May Retain Interest; (8) Perficient Acquires Marketing Services Specialist, Elixiter; (9) Consulting Leadership: Bain, Accenture, Setl and IIRC; and (10) 2019 Monadnock Research Portal Subscription Rate Update. (2,050 words)...More

Table of Contents: (1) 2018-19 US Financial, Accounting, Legal, Risk, Compliance and Transaction Advisory Rates; (2) 2018-19 US Human Resources Consulting Rates; (3) 2018-19 US Marketing and Interactive Consulting Rates; (4) Big Four Fiscal 2017 Consulting Rankings and Audit Conflict Risk Metrics; (5) Deloitte to Launch Deloitte Asia Pacific, Consolidating In-Region Practices; (6) New McKinsey Managing Partner Withdraws from Engagement with US Immigration & Customs Enforcement; (7) Simon-Kucher Partners Opens New Offices in Shanghai, Cairo and Chicago; (8) Accenture Invests in Ripjar and Acquires Kogentix; (9) CNN International Launches Consultancy, CNN Reach; (10) Allen & Overy Launches Regulatory Strategy Consultancy; (11) Consulting Leadership: Accenture, Carat Global, BearingPoint and Navigant; and (12) Thought Leadership: Thought Leadership: Harvard, Deloitte and Accenture. (3,300 words)...More

This report provides Monadnock Research estimates for 2018-2019 Strategy Consulting rates in the United States of America from our firm's continuous cross-industry consulting rate analysis of current negotiated master service agreements between clients and strategic firms. Mean and median hourly, daily and weekly rates are provided for the 15 most common categories of professional, with full detail on experience, education and customary titles for each level. Rate differential break-outs are also included for 14 large metro markets in the US. The report also provides weekly team-based rates for the 10 most common strategy project team types. A firm category break-out contains: Large Strategy Specialists and Small and Mid-Market Specialists; Large Operations Specialists and Small and Mid-Market Specialists; the Big Four and Small and Mid-Market Financial, Legal and Risk Advisory Specialists; HR Specialists; and Large IT Consulting Specialists and Small and Mid-Market IT Consulting Speci...More

Table of Contents: (1) 2017-2018 Germany Information Technology Consulting Rates; (2) 2017-2018 Germany Operations Consulting Rates; (3) Navigant Acquires Quorum Consulting; (4) Sopra Steria Closes Galitt Transaction; (5) McKinsey Managing Partner Election Kicks Off Amid South Africa Reputation Crisis; (6) 2018 Monadnock Research Portal Subscription Rate Increase; (7) Consulting Leadership: BrightHouse, Alvarez & Marsal, KPMG, Accenture, Segal and Navigant; and (8) Thought Leadership: BCG. (2,050 words)...More

This report provides Monadnock Research estimates for 2016-2017 Strategy Consulting rates in the United States of America (US) from our firm's continuous cross-industry consulting rate analysis of current negotiated master service agreements between clients and strategic firms. Mean and Median Hourly, daily and weekly rates are provided for the 7 most common strategy categories of professional, as well as for the 15 Monadnock Research categories of professional, with full detail on experience, education and titles for each professional level. The report also includes weekly team-based strategy rates for the 10 most popular strategy project team types. A firm category break-out contains: Strategy Specialists and Large Strategy Specialists; Operations Specialists and Large Operations Specialists; Financial, Legal and Risk Advisory; the Big Four; HR Specialists; and IT Consulting Specialists and Large IT Consulting Specialists. The report also provides strategy rate detail for 15 US metro...More

Table of Contents: (1) McKinsey Director and State Farm Internal Consultant Indicted in $900,000 Fraudulent Procurement Scheme; (2) Reed Group Acquires Aon Hewitt's Absence Management Group; (3) Wipro to Acquire New Jersey-based BPaaS Consulting and Services Firm, Viteos for $130 Million; (4) Navigant Acquires Healthcare Management Consultancy, McKinnis, for $62 Million; (5) Accenture to Acquire Trading Systems Consultancy, Formicary; (6) Huron Closes $112 Million Sale of Huron Legal to Consilio; (7) Accenture Acquires Netherlands Salesforce Consultancy, CRMWaypoint; (8) Consulting Leadership: Wipro, Aon Hewitt, Patomak, Huron and Navigant. (2,015 words)...More

Table of Contents: (1) Computer Sciences Corp to Split Into Two Independently Traded Firms; (2) McKinsey & Co. Acquires Design Consultancy, LUNAR; (3) Accenture Agrees to Acquire Retail Strategy and Digital Services Firm, Javelin Group; (4) Digital Consultancy, Rightpoint, Lands $55 Million Investment from Stella Point; (5) KPMG Completes Acquisition of Beacon Partners; UK Practice Acquires Nunwood; (6) BDO Agrees to Acquire Midwestern US Audit and Consulting Operations of Stone Carlie & Company; (7) Consulting Leadership: BearingPoint, Hourly Nerd, EY and KPMG; and (8) Thought Leadership: A.T. Kearney, US Census Bureau, EY and the World Economic Forum. (2,100 words)...More

Table of Contents: (1) 2014 Monadnock Research Canada IT Consulting Rates Report Published; (2) Booz Allen Sues Deloitte Over Consulting Practice "Lift-Out" of Key Staff; (3) Accenture Beats Analyst Estimates; Consulting Growth Strong; (4) KPMG Acquires Investment Bank and M&A Advisor, St. Charles Capital; (5) KPMG Acquires IT Consultancy, Zanett Commercial Solutions; (6) Digital Consultancy, Optimal Experience, Acquired by PwC; (7) Satyam Fraud Case Verdict Imminent; (8) North Highland Launches Social Insights Lab; (9) Former McKinsey Partner Testifies at Latest Hedge Fund Insider Trading Trial; and (10) Mercer to Take 34 Percent Stake in South Africa's Alexander Forbes. (1,500 words)...More

Table of Contents: (1) Consulting Category Management: Stages of Excellence; (2) IBM & PwC Contest $22 Million Consulting Contract Award to Ernst & Young; (3) Infosys Stock Dips Dramatically on Resignation of Co-President, B.G. Srinivas; (4) KPMG Agrees to Acquire Hedge Fund Advisory, Rothstein Kass; (5) Brett Arends: Ten Things I Learned at McKinsey & Co.; (6) AMCF Publishes Study Findings on Consultancy Branding; (7) IASB and FASB Publish New Audit Standards for Revenue Recognition; (8) US GSA Inspector General Releases Semi-Annual Report on Audits & Investigations; (9) Consulting Leadership: BDO, Huron and KPMG; (10) Thought Leadership: A.T. Kearney, IASB/FASB, EY, PwC and Accenture. (2,675 words)...More

The Chinese government has taken what appears to be a retaliatory action against the US by issuing an order banning government-affiliated organizations from engaging the services of US-headquartered consulting firms. McKinsey, BCG, Bain and PwC's Strategy& were specifically noted as firms with significant operations in China in a Financial Times report. Chinese government sources are claiming that the rationalization for the US consultancy ban is that consultants for these firms are supposedly spying on behalf of the US government. Research Note includes details on recent additional Chinese sanctions and MR analysis. Includes a copy of US DOJ complaint. (750 words)...More