This is a must for anybody interested in the current state of the Management Consultancy market.

We recently undertook a survey of consultants and consultancies to discover exactly what is happening within the MC sector. Quiet? – definitely, improvement imminent? – possibly with hope now pinned on a September start.

One interesting fact to come out of the survey is that consultancies are still finding it difficult to attract all the hires needed to service assignments in certain sectors and functions – although they are unwilling to drop the bar and recruit less well qualified/skilled consultants, or hike up pay levels.

From a remuneration perspective, firms see no need to pay improved salaries, and apart from those consultants who are out of work and not cushioned by redundancy packages, consultants are turning down offers from consultancies because salaries are barely above current earnings.

Read the Management Consultancy – Market Review at July 2009 and listen to Don talking about the survey results on our YouTube channel: