Part of me would love to work for one given the high salaries, but what do they *actually do*? Why do they get so much money? And do you need to be an accountant to work for one?
In: 1
Depends on the company. Think of a consultant as a highly skilled temp worker in various fields. They get paid a lot because they aren’t generally getting benefits, so the hourly rate is normally higher than if you were a full-time employee.
A company will have a project that will take 6 months, but after that, they won’t have need for the extra employees, so rather than spending the time vetting, and interviewing, doing all the benefits stuff, they call a consulting company, say I need 2 people that have ‘X’ skills, for 6 months. The consulting company will offer the contract to some of their people, and that is that. The company pays the consulting agency, and they pay the consultants.
So the consulting company itself is kind of like a full-time time HR and management company.
Latest Answers