Shame on you wipro

[yemdoing]

12 hours ago, bayarea said:

Loss aa? Vallu em invest chestunaru man loss ravataniki…free money ee kada. Take 100% from client and give 40%

For a staffing company 40% is a lot of profit . I think you are putting all Consulting and IT companies under the same bucket . 
 

Let’s take a typical consulting firm like Accenture as an example . They don’t do staffing at least directly . They enter as implementation partner , to qualify as implementation partner they need to have a team of sales , marketing , administrative, legal team , financial etc .. 

 

once they win the deal of multi million dollar they don’t just pick few developers and architects and manager and ask them to run the project . 
 

they have roles such as

account executive  

enagagement manager 

enagagement lead 

delivery lead 

client service provider 

all above roles are not billable and they are paid double of triple than a developer by Accenture . 
 

then you have trainings technical and soft skills  , perks , monthly and quarterly in person meetings with lavish food and venue . Partnership with big tech firms like Amazon , salesforce , data bricks is not easy and cheap . 
 

the biggest chunk of profit goes towards maintaining a healthy ratio of bench , some firms has atleast 15% of delivery workforce on bench . Otherwise new projects won’t come . But typically bench strength would be around 20 to 25% . 
 

I am neither supporting this model nor criticizing it , just stating the facts . 
 

a typical contractor does self marketing , self relationship management , self account management etc … 

In short I have seen documents when they don’t hire people if they believe margin from a individual billing is less than 50% . Example : let’s say on avg they pay an architect around $200k they see if they can charge to client like $200 per hour for such role . If they feel cannot then they won’t hire . 
 

i can talk a lot more on this , but opiklaledu. Yedo Saturday kada ani bathroom nunchi typed .