Table of Contents
What is beach time in consulting?
The reason: being on the beach (or the bench) means that a consultant is between engagements—a period where they’re likely still picking up a salary, but not bringing any tangible value into the company.
How long do most people stay in consulting?
The typical length of time a consultant works at a top firm for is 2-4 years, and some statistics even show that 2.7 years is the average point at which a consultant leaves a top firm like McKinsey, BCG and Bain.
How many hours do you work in consulting?
Typically, both single and married consultants average 56.6 hour work weeks, but about a quarter of single consultants routinely put in between 60 and 70 hours per week. About six percent of the responding consultants say they average between 70 and 80 hours a week.
What percentage of time do consultants travel?
For a large firm with a global model, typically, you are spending around 80\% of the time travelling, and the other 20\% of the time you are in your office, “on the beach” or “on the bench”, where you are doing knowledge development or helping with business development.
Do consultants get paid on the bench?
As a salaried employee of a consulting firm, you’re paid a salary while you’re on “the bench.” As a contract consultant, you’re generally paid an hourly rate that would be higher than what you’re paid on salary, but you’re not going to be paid for bench time. …
What is being on the bench in consulting?
If you’re a “bench” player, it means you’re supporting the team and spectating, but not actually playing. During my first four days at Accenture Consulting, I was far from sitting on the bench. And even today, I may not be the one scoring the goal, but I am on the field, still playing.
What is bench salary?
In the IT industry, the bench refers to the section of a company’s employees that isn’t working on any project for the time being but remains on the rolls and receives regular salary.