{"id":396,"date":"2008-07-07T12:25:05","date_gmt":"2008-07-07T12:25:05","guid":{"rendered":"http:\/\/www.fabricegrinda.com\/?p=396"},"modified":"2023-07-11T09:49:35","modified_gmt":"2023-07-11T09:49:35","slug":"random-thought-of-the-day-management-consulting-firms-will-always-be-lagging-indicators-of-the-business-cycle","status":"publish","type":"post","link":"https:\/\/grinda.org\/th\/random-thought-of-the-day-management-consulting-firms-will-always-be-lagging-indicators-of-the-business-cycle\/","title":{"rendered":"Random thought of the day: management consulting firms will always be lagging indicators of the business cycle"},"content":{"rendered":"<p>I am not quite sure what the starting salaries are at management consulting firms these days but for argument\u2019s sake let\u2019s say it\u2019s $50,000 for analysts and $100,000 for associates. Given that management consulting firms \u201crent\u201d their services for at least 5 times the employment costs, the downside of being understaffed is much greater than the downside of being overstaffed. As a result, they will always be over-staffed at the beginning of a recession.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I am not quite sure what the starting salaries are at management consulting firms these days but for argument\u2019s sake let\u2019s say it\u2019s $50,000 for analysts and $100,000 for associates. &hellip; <a href=\"\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":20068,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-396","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-musings"],"acf":[],"contentUpdated":"Random thought of the day: management consulting firms will always be lagging indicators of the business cycle. Categories - Business Musings. Date-Posted - 2008-07-07T12:25:05 . I am not quite sure what the starting salaries are at management consulting firms these days but for argument\u2019s sake let\u2019s say it\u2019s $50,000 for analysts and $100,000 for associates. Given that management consulting firms \u201crent\u201d their services for at least 5 times the employment costs, the downside of being understaffed is much greater than the downside of being overstaffed. As a result, they will always be over-staffed at the beginning of a recession.\n ","Category":["Business Musings"],"_links":{"self":[{"href":"https:\/\/grinda.org\/th\/wp-json\/wp\/v2\/posts\/396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/grinda.org\/th\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/grinda.org\/th\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/grinda.org\/th\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/grinda.org\/th\/wp-json\/wp\/v2\/comments?post=396"}],"version-history":[{"count":2,"href":"https:\/\/grinda.org\/th\/wp-json\/wp\/v2\/posts\/396\/revisions"}],"predecessor-version":[{"id":20044,"href":"https:\/\/grinda.org\/th\/wp-json\/wp\/v2\/posts\/396\/revisions\/20044"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/grinda.org\/th\/wp-json\/wp\/v2\/media\/20068"}],"wp:attachment":[{"href":"https:\/\/grinda.org\/th\/wp-json\/wp\/v2\/media?parent=396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/grinda.org\/th\/wp-json\/wp\/v2\/categories?post=396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/grinda.org\/th\/wp-json\/wp\/v2\/tags?post=396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}