Excel: calculate the cost of consultant bench time
A ready-to-fill Excel template: the cost of a consultant on the bench, the revenue lost at the daily rate, the branch view over the year, and the comparison with hiring through a recruitment agency.
Four tabs, your numbers, no default values.
The file is empty: it calculates from your salaries, your daily rates and your bench days.
Cost per consultant
Loaded salary, bench days, target daily rate: the direct cost and the lost revenue, line by line.
Branch view
The total for the month and for the year, and the consultants who weigh the most.
Comparison with an agency
What hiring through a recruitment agency costs at your rate, compared with faster direct hiring.
How to use it
What to enter, where to find each number and how to present the result to your leadership.
You know bench time is expensive. Not how expensive.
- Recruitment manager or business manager at an IT consulting firm or a consulting firm
- Branch manager who has to defend a hiring budget
- Team that loses assignments because no consultant is available in time
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