Strategy Consulting

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 IT Consulting rates in the United States from our firm's continuous cross-industry consulting rate analysis of current negotiated master service agreements between clients and strategic firms. Consulting rates in this report cover mean and median rates for IT consulting work across all service areas. This report includes mean and median hourly, daily and weekly rates for the 15 most common categories of professional, with full detail on experience, education and customary titles for each level. The report includes rate break-outs for the following service provider specialist categories: All providers of IT services, large IT specialists, small and midmarket IT specialists, Indian IT majors, public sector defense and aerospace IT specialists and operations specialists. We also include IT Consulting rate break-outs for 14 large US metropolitan areas and 9 IT Consulting practice area sub-categories. (73Pages, 36 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

2024 rates for the US and other global markets are now available for Monadnock Research clients. This includes management consulting and business advisory services rates for Strategy, Operations, HR and Marketing Consulting; Tax, Financial, Transaction, Accounting, Internal Audit, Risk, Regulatory, Governance, Legal and Forensic Advisory; and IT Consulting Rates, with breakouts for consulting in the areas of Analytics, AI and Big Data, Digital, Interactive Services, Cybersecurity, Enterprise Applications, Software Development, Systems Integration, Quality Assurance and Testing, Cloud and Communications, and Technology and Support Services....More

This overview report provides Monadnock Research estimates for 2023 IT Consulting rates in the United States from our firm's continuous cross-industry consulting rate analysis of current negotiated master service agreements between clients and strategic firms. Consulting rates in this report cover mean and median rates for IT consulting work across all service areas. We will soon publish breakout reports for 9 sub-categories of IT consulting rates. This report includes mean and median hourly, daily and weekly rates for the 15 most common categories of professional, with full detail on experience, education and customary titles for each level. The report includes rate break-outs for the following service provider specialist categories: All providers of IT services, large IT specialists, small and midmarket IT specialists, Indian IT majors, public sector defense and aerospace IT specialists and operations specialists. We also include IT Consulting rate break-outs for 14 large US metropol...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 discusses rate trends for 2023 and the ten levers of consulting and advisory services rate negotiations. The 2023 Consulting Rate Factors report helps organizations and their consulting and advisory service providers understand key elements that impact consulting rates from the perspective of client organization and its strategic service providers. (53 pages)...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

This overview report provides Monadnock Research estimates for 2022 IT Consulting rates in the United States from our firm's continuous cross-industry consulting rate analysis of current negotiated master service agreements between clients and strategic firms. Consulting rates in this report cover mean and median rates for IT consulting work across all service areas. We will soon publish breakout reports for 9 sub-categories of IT consulting rates. This report includes mean and median hourly, daily and weekly rates for the 15 most common categories of professional, with full detail on experience, education and customary titles for each level. The report includes rate break-outs for the following service provider specialist categories: All providers of IT services, large IT specialists, small and midmarket IT specialists, Indian IT majors, public sector defense and aerospace IT specialists and operations specialists. We also include IT Consulting rate break-outs for 14 large US metropol...More

This report provides Monadnock Research estimates for 2021-2022 US Research Survey Consulting rates in the United States from our firm's continuous cross-industry consulting rate analysis of current negotiated master service agreements between clients and strategic firms. Consulting rates in this report cover research survey work across the following service areas: Markets, Employees, Customers, Business Partners, Investors and Operations. 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 includes rate break-outs for the following service provider specialist categories: Marketing and Operations Specialists; MBB and other Strategy Specialists; the Big Four; and Large IT Consulting Specialists. We also include survey consulting rate break-outs for 14 large US metropolitan areas. (80 Pages, 39 Exhibits)...More

This report provides Monadnock Research estimates for 2021-2022 US Marketing Consulting rates in the United States from our firm's continuous cross-industry consulting rate analysis of current negotiated master service agreements between clients and strategic firms. This report spans rates for Marketing Consulting services across the following front office service categories: Marketing, Sales, Business Development, PR and Communications, Investor Relations, Call Centers and Customer Service. 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 includes rate break-outs for the following service provider specialist categories: Marketing and Operations Specialists; MBB and other Strategy Specialists; the Big Four; and Large IT Consulting Specialists. We also include Marketing consulting rate break-outs for 14 large US metropolitan areas. (72 P...More

Table of Contents: (1) 2021 US Tax Advisory and Compliance Rates; (2) 2021 US Legal and Forensic Advisory Rates; (3) 2021 US Transaction Advisory Rates; (4) Accenture Completes Acquisitions of Pollux, Core Compete and Cygni; (5) Capgemini Launches New Multinational Division, Capgemini Engineering; (6) Aon Agrees to Divest Operations to Satisfy EU Antitrust Regulators; Review Deadline Extended; (7) Wipro's $1.45 Billion Bid to Acquire UK's Capco Proceeds; (8) BCG 2020 Revenues Grow to $8.6 Billion; (9) Consulting Leadership: Bain, KPMG, Marakon, CRA and Capita; (10) Thought Leadership: Accenture and Capgemini. (2,250 words)...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

Most organizations are struggling today with an unfamiliar reality, where businesses and public service organizations must continue to deliver products and services during a global pandemic. Face-to-face contact is minimized, even eliminated, in many jurisdictions. To help clients and firms better understand how this may impact consulting rates, this report updates our analysis of rate differentials between services provided on a client's premises, and those provided by consulting staff located off site. Where firms offer these two rate alternatives, a second set of rates is provided for services performed from the consulting firm's offices or other off-site facilities, in addition to the standard rate schedule for services performed on the client site. This report provides results of MR's 2020 study of rate differentials. Master services agreements for 18 location-based rating schemes from 16 firms were analyzed for 2020 rates, contrasting these results with trends detailed in our 201...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

Table of Contents: (1) 2019-2020 US IT Consulting Rates; (2) 2019-2020 US Operations Consulting Rates; (3) 2019-2020 US Strategy Consulting Rates; (4) Deloitte Fiscal 2019 Consulting Revenues Up 13 Percent; Audit Revenues Unchanged; (5) US Census Bureau Publishes Q1 and Q2 Professional Services Revenue Numbers; (6) BearingPoint Reorganizes; Reenters US Consulting Marketplace; (7) BDO US Grows Fiscal 2019 Advisory Revenue by 40 percent; (8) Accenture Acquires Spanish Big Data Consultancy, Pragsis Bidoop; Completes INSITUM Acquisition; (9) Consulting Leadership: DXC, SAIC, Capgemini, Publicis Sapient; and (10) Consulting Thought Leadership: Aon and Accenture. (2,565 words)...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

This is the ninth annual report detailing our analysis of the Big Four's consulting practices, as they continue to seek organic growth and strategic M&A with a special focus on non-audit services. Fiscal 2018 global non-audit advisory services of the Big Four, including tax services, increased to $97.3 billion (USD) in fiscal 2018, an 11.8% increase over fiscal 2017 levels. Total non-tax consulting and advisory services of Deloitte, KPMG, PwC and EY were $63.6 billion, an increase of 13.1% over fiscal 2017. Overall, Big Four fiscal 2018 revenue was $148.21 billion, up 10.29 percent. Growth in advisory, however, contrasts with overall growth of 7.5% in audit revenue to $50.94 billion, up from an increase of 2.79% in fiscal 2017. We note that the Big Four continue to aggressively seek organic growth and strategic M&A in non-audit consulting and advisory services as their number 1 strategic priority. This Research Note offers an in-depth analysis of the growing conflict risk since 2010 po...More

Monadnock Research has concluded its 2018 analysis of consulting rates in markets around the world, including the US, UK, France, Germany, Italy, Sweden, Netherlands, Belgium, Ireland, China, Hong Kong, Japan, India, Australia, Brazil, Canada, South Africa and the UAE. We have published the full range of reports for the US and UK across a broad range of consulting and advisory practice areas - strategy, operations, IT, HR, marketing, interactive, tax, accounting and finance, legal, risk and compliance, and transactions. Monadnock Research Portal clients with active subscriptions can inquire about select practice area rate categories in other global markets using their inquiry privileges....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 UK Strategy Consulting Rates; (2) Buck Emerges Again as Independent HR Firm; (3) Bain & Co. Strategic Advice Blamed for South Africa Revenue Service Woes; (4) Accenture Completes Acquisitions of Designaffairs and HO Communications; (5) Grant Thornton Consolidates South Africa Member Firms; (6) Consulting Leadership: Accenture, L.E.K., FTI and Grant Thornton; and (7) Thought Leadership: Accenture and Korn Ferry. (2,100 words)...More