View Full Version : Hourly Bill Rate - Open-ended survey
05-22-2002, 04:48 PM
05-22-2002, 05:25 PM
I worked with one firm, but wasn't on the "insider's" list. That said, I understand hourly rates varied between 125 and 200, depending on the level of the consultant.
05-22-2002, 09:04 PM
In my past experience, the rates varied from 100 for a summer intern to 500 for the office manager. A senior student (pre FSA) ranged from 200 to 250. A full consultant (FSA) was around 250 to 350. Partners in the firm ranged from 305 and up. Many partners were in the 400+ range. Keep in mind that a senior partner bills very few hours and is mostly in a sales role.
05-22-2002, 10:14 PM
How about you set this up as some kind of survey? I would say the rates quoted are on the low side, but don't want to post any specifics since many know who I am here.
05-23-2002, 07:06 AM
05-23-2002, 09:09 AM
I do believe that location is a significant factor.
Pen consulting (big company):
1. Entry level $100 - $150
2. Experienced Analyst $150 - $215
3. Designated Actuary $250 - $350
4. Senior Level Actuary - Subject Matter Expert up to $600
Hope this helps.
05-23-2002, 10:25 AM
05-24-2002, 03:00 PM
At some firms it really depends on whether you want the published hourly rate or the one they actually charge. Some firms (that I won't name) have official hourly rates that would make a lawyer cringe....of course they always start negotiations with a 50% reduction. Stupid practice but at this particular firm they want the official rates to be sky-high so that they get a bigger portion of audit fees on audit support engagements.
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