Being a consultant in Canberra is not as lucrative as you might think

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Being a consultant in Canberra is not as lucrative as you might think
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The public service has begun recruiting for its in-house consulting arm, but the salaries on offer are far below pay in firms like PwC, EY, KPMG and Deloitte.

A new consulting team inside the public service will struggle to attract the calibre and seniority of talent it needs because pay packets on offer are well below the big four, the Albanese government has been warned.

“But the salaries on offer look well below what you would earn in consulting or industry and may make it challenging to hire the calibre, seniority and number of people to make the function as effective as possible.“If it’s a new business unit, you need senior people to do it. It needs to be high level, high impact to drive this kind of internal consulting function.”

The usual salary for an SES2 is between $275,000 and $320,000, according to the latest APS remuneration report for 2021. An equivalent partner level role at one of the big four consulting firms would expect at least $500,000 and could command as much as $3 million a year as well as profit share.junior partner in the big four can expect between $350,000 and $500,000.Team leads fair little better.

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