any ideas what new manager salary looks like this year for new promotes?

£65k

Not great in some ways considering it was £68k six years ago...

[quote]£65k[/quote]+car I assume to take it to 70ish?

Yeah, plus £5k ish car allowance. You might be able to negotiate more depending on where you sit and how desperate Accenture is to keep you.

Salaries in consulting have slipped massively in real terms since 2007. Quick back of fag packet calc suggests that Consultant grade should now be paying 55-57k if salaries had increased by 3% pa over that time, but no - it's still in the 40s and firms are now paying new MANAGERS scarcely more than this.Things are not what they were...

DCF is completely right.Even quite recently, I worked with absolute morons who were earning £55K + car at the "senior consultant" (read: 25 years old) grade. That would be the equivalent of about £80K now.Then consider our daily rates. My firm's been stuck on £1000/day for donkeys years. Actually I was charging that amount even as far back as the early 90's. With inflation, we should be on about £2000/day by now. But clients just won't pay it.How can we break this cycle?

The starting salary grad salary at my firm in 2000 was ~30,000. Now, 14 years later it's ~32,000

Heard a rumour within ACN that the graduate starting salary is about to drop significantly. Not sure how true this is though.

bye bye sign on bonus / round-the-world trip cash

[quote]Heard a rumour within ACN that the graduate starting salary is about to drop significantly. Not sure how true this is though.[/quote]I heard this as well.

[quote]... Then consider our daily rates. My firm's been stuck on £1000/day for donkeys years. Actually I was charging that amount even as far back as the early 90's. With inflation, we should be on about £2000/day by now. But clients just won't pay it.How can we break this cycle?[/quote]I've seen some of the bigger firms index their daily rates year-on-year. Of course, how much of that is lost in additional discounts is another matter.The golden years of consulting are over, where clients happily forked over large sums - now it's a game of procurement based on daily rates per level... not surprising if the majority of our clients is under pressure to reduce costs, making external spend squeezing an obvious first choice.

[quote][quote]... Then consider our daily rates. My firm's been stuck on £1000/day for donkeys years. Actually I was charging that amount even as far back as the early 90's. With inflation, we should be on about £2000/day by now. But clients just won't pay it.How can we break this cycle?[/quote]I've seen some of the bigger firms index their daily rates year-on-year. Of course, how much of that is lost in additional discounts is another matter.The golden years of consulting are over, where clients happily forked over large sums - now it's a game of procurement based on daily rates per level... not surprising if the majority of our clients is under pressure to reduce costs, making external spend squeezing an obvious first choice.[/quote]Any appetite from your client(s) to move from traditional T&M type billing to a fixed price or value based deal? More risk, especially in the value based structure, but potentially more reward.

Problem is, they want both. They want us to fix our price AND show them our assumptions about person days and day rates so they can haggle it down. It's a nightmare.

[quote]Problem is, they want both. They want us to fix our price AND show them our assumptions about person days and day rates so they can haggle it down. It's a nightmare.[/quote]Indeed!And even when you go quite far into risk/reward, you start from a much lower equivalent of a base daily rate that even if you exceed in delivering the benefits, you still don't rake in massive rates. Imagine figures such as putting 20% of your fees at risk and can get up to 20% bonus if things go well - that still means your premium is limited to 20% or merely compensating for missing inflation and offsetting some of the procurement pressures for the past few years.