That's more than I would have thought.
What generates that? How much of it is consulting?
What generates that? How much of it is consulting?
Let's assume 2,000 working hours per year, 80% utilization at $150/hr, and 40,000 employees (worldwide) — that's $9.6B.
- Executives want to do cross-functional changes. (E.g., introduce new ERP software)
- External ruthless assessment of head count and subsequent slashing.
- Body leasing. (quasi-employees that are not on the books as employees)
Mostly in medium-sized and larger orgs where there’s too much cruft.