Re:Google, Meta, Amazon hiring low-paid H1B workers after US...
by gabereiser on Saturday September 09, 2023 @11:11AM
(#37446296)
Consultants exist at every level. An individual will (should?) never make more than the client they serve. However, a team of consultants (like the ones who consult for global firms) can demand more than an individual can. Often times a lot more. They also take on indemnification and more risk. Last I checked, an engagement with Deloitte for anything costs $10M out the gate.
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Re:Google, Meta, Amazon hiring low-paid H1B workers after US...
by eddtests on Saturday September 09, 2023 @12:01PM
(#37446877)
Yes but the question was how does one consultant earn multiple millions of dollars. The average managing directors at Deloitte earn around $500k - I don't think there's any reasonable way to earn over double the average managing directors rate at a Big 4 without being a sole contractor directly contracting with a company
Re:Google, Meta, Amazon hiring low-paid H1B workers after US...
by gabereiser on Saturday September 09, 2023 @01:01PM
(#37447520)
Contracting != consulting.
Re:Google, Meta, Amazon hiring low-paid H1B workers after US...
by eddtests on Saturday September 09, 2023 @01:40PM
(#37447951)
I don't really understand what you're on about anymore. Fwiw, I am a consultant and do know the field.
Edit: Maybe you're unaware of the term https://www.lawinsider.com/dictionary/sole-contractor, I was talking about a single person consulting, not a contract developer or whatever
Re:Google, Meta, Amazon hiring low-paid H1B workers after US...
by gabereiser on Saturday September 09, 2023 @02:41PM
(#37448814)
You say you’re a consultant and yet link to a definition of a sole contractor.
Again, I’m talking about consulting, not contracting. Those are different. If you don’t know the difference then here’s a definition of a consultant https://www.lawinsider.com/dictionary/consultant
Now, to a layman, these may look identical. To a consultant, these are vastly different things.
You are not paid on output, you are paid on outcome.
Re:Google, Meta, Amazon hiring low-paid H1B workers after US...
by eddtests on Saturday September 09, 2023 @02:44PM
(#37448863)
You're misunderstanding me. I'm saying it is extremely rare for a consultant to earn multiple millions a year. On the cases it is possible, they are going to be very niche individuals not going into a company via Deloitte etc but as themselves.