The Changing Balance of People and Technology

Fiona Czerniawska

Chapter 9 in Management Consultancy in the 21st Century, 1999, pp 91-101 from Palgrave Macmillan

Abstract: Abstract Some food for thought: A survey in the Financial Times in January 1998 showed that consultancies are the largest single recruiters of MBA students. But, within three years of being recruited, almost a third of these people had moved on. One estimate suggests that a total of 250000 new recruits will be required by the industry by 2000.1 Assuming an average salary of $80 000, recruitment agency fee of 25 per cent of salary, and $10000 for induction, the recruitment bill for a big consultancy is something in the region of $50m per annum. And this probably just covers attrition: firms that plan to expand will be spending far more. In 1998 Fortune reported that first-tier Consulting firms were, in fact, offering $92000 to new graduates.

Keywords: Intellectual Capital; Software Company; Consult Firm; Potential Client; Management Consultancy (search for similar items in EconPapers)
Date: 1999
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-14873-8_9

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349148738

DOI: 10.1007/978-1-349-14873-8_9

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().