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Microsoft Consulting Services digital advisors, engineers, consultants, and support professionals help you implement and adopt Microsoft products, services, software, and devices to solve, envision, and understand new possibilities for your business. Sustainability presents a range of opportunities and risks for investors. 2016-2017 China Strategy Consulting Rates This report provides Monadnock Research estimates for 2016-2017 Strategy Consulting rates in China from our firm's continuous cross-industry consulting rate analysis of current negotiated master servi . McKinsey and PwC support latest batch of scale-ups in Singapore. Daxue Consulting is a fully China-based agency with international consultants in our Shanghai and Beijing offices able to provide you with any support you need to expand your business in the Chinese market. Bain operates with two offices in the Chinese market – a flagship office in in Beijing and one other in Shanghai – alongside an office in Hong Kong. Strategy& is PwC’s dedicated strategy consultancy that supplements its suite of services in the country, formed after PwC acquired Booz & Company. At Daxue, we don’t speculate; we inform based on data-driven research. A review of expert forecasts for the management consulting industry in 2019. News and market size of the consultancy industry in China, trends, statistics and consulting firms in China. by moving 20 or 30 miles outside of Shanghai, you may experience rates similar to southern China. Any young professional starting out at one of these firms not only gains exposure to the latest in growth and innovation for a variety of sectors, but also gets to develop under the wing of top business leaders. The total U.S. industry market size for Management Consulting: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size. China stands firmly on its feet and ramps up the potential, so software engineer’s hourly rate there makes $50-100. McKinsey & Company is in second place for Hong Kong graduates, ahead of all the other Big Four firms. The Big Four all make the top of the list for graduates, alongside other big management consultancies such as Accenture, McKinsey & Company, The Boston Consulting Group (BCG) and Bain & Company, among others. The tax treaty with the former Socialist Federal Republic of Yugoslavia is now applicable to Bosnia and Herzegovina. Stamp tax - a tax levied on enterprises or individuals who execute or receive "specified documentation" in China and the tax rates vary between 0.005% to 0.1%. The monthly report will allow you to keep track of the most important upcoming events about China around the world, as well as not to miss useful articles and reports. Keep in mind that the fees you'll pay can vary depending on where you live , the specific services you need and whether you need one-time or ongoing consulting. Female labor force participation rate South Korea 2010-2019; If you feel like something is holding you back from racing your consulting rates and earning the revenue you want in your business, this study is for you. We also post daily on Western and Chinese social media up-to-date articles on various markets in China and we have been regularly quoted in many media such as The Financial Times, The Wall-Street Journal, South China Morning Post or China Daily. Our unparalleled 35 petabytes of unique data together with the application of advanced analytics, powered by AI and machine learning, can provide you with the insights needed to make more informed decisions. PwC is next in terms of popularity among graduates. Customs duties - duties are imposed on goods imported into China and are generally assessed on the CIF (cost, insurance and freight) value. Two years on from the launch of the Racial Diversity & Inclusion Charter for Employers in Hong Kong, the document has nearly 50 signatories, 15 of which are professional services firms. China Enterprise Consulting serves as the project manager to get your factory or office established in China—including initial budgetary planning, site selection, lease negotiation, fit-out of the facility, and the complete registration and licensing of your business in China—all done in-house by CEC. Accenture operates with two offices in Quarry Bay, Hong Kong, both of which act as key parts of Accenture China. Daxue is not only involved in project management in China, but we are dedicated, passionate and experienced enough to accompany every business throughout his journey in the Chinese market. Our newsletter delivers information on the Chinese market as well as the innovative data-collection methods. Accurate, reliable salary and compensation comparisons for … The consulting life appeals to graduates across China and Hong Kong, with many registering their preference to work at one of the top global consultancies. 1. A China consultant is a professional who provides Chinese Market Advisory in a particular area such as security (electronic or physical), project management in China, accountancy, law (tax law in particular), human resources, marketing (and public relations), finance, engineering, or any of many other specialized fields in the Chinese market. Salaries estimates are based on 29. salaries submitted anonymously to Glassdoor by Consultant employees in Beijing, China. According to recent ranking of China’s management consulting, foreign consulting companies such as Mckinsey, Accenture, Roland Berger are the top 3. Yes, China’s economic engine is cooling down, yet it continues to rack up one of the fastest rates of economic growth in the world. Daxue Consulting is one of the most active sources of information on the Chinese market. We cover the 3 most important pricing factors to consider, the 4 most effective pricing methods, and the average fees and rates used across the most popular consulting industries. Daxue Consulting is a China-based market research and strategy agency. Our customer wanted to sell his products from Italy to China. Some of these trends are affecting other industries, such as keeping up with the pace of new technology, but consulting also has some of its own unique issues. In 2011 Michael joined the team of 1421 Consulting Group, as Business Development Manager Europe. As a result, there is relatively little information available publicly on the fees and rates charged by consultants. Consulting. Internationally the accreditation of Management Consultants is overseen by the International Council of Management Consulting Institutes (ICMCI) which has around 50 member institutes covering the globe. In 2017, the company’s revenue reached approximately 38.9 billion U.S. dollars – over a third of which came from consulting. Individual income tax ("IIT") - progressive rates range from 3% to 45%. At the same time, international market integration creates attractive conditions for a business venture in China. What is known, though, is that rates can differ widely, from an hourly rate of R250 for an interim consultant working on an operational level to R1400 or more per month for a consultant from a leading strategy consulting firm. "People just … Deloitte, EY, KPMG and PwC are among the largest consulting firms in the world, with expansive operations and a stellar reputation. The average salary for a Consultant is 元215,189 in Beijing, China. The global management consulting market reached 275 billion U.S. dollars in 2018. A lower rate of 13% applies to goods such as books, newspapers, magazines, cereals, edible vegetable oils, tap water, heaters, coal products for residential use and other goods as prescribed by the State Council. Investors are suggested upon study on overseas investment climate on respective countries. In Shanghai, that same position may be 800 - 1000RMB a month($150USD) per person. daxue consulting is owned by Ever Access trading Limited, Ever access trading owns 博圣轩投资顾问有限公司上海分公司. The firm has been operational in Hong Kong since the 1940s, and merged its Hong Kong and China practices in 2002. Today, PwC Hong Kong operates out of four offices. Health Care Consulting - Hourly Rate - Get a free salary comparison based on job title, skills, experience and education. The Big Four sit atop the list for graduates in Hong Kong as well, although they stretch across the top five, with McKinsey in the mix. Consulting.com breaks business down to basic building blocks (like Lego) and tells you how to assemble them for success.. Get proven processes, gain laser-like focus, join a community of entrepreneurs and reprogram your brain for superhuman ability.. Get Started Free Tax levied by the Customs. In the U.S., small business consulting fees range from $95 to $1,500, with an average cost of $399. Regarding the question of setting consulting fees on a simple daily rate basis, I would recommend as follows: Step 1: Estimate what YOU would expect to be able to get per annum in perm employment, including cash benefits such as bonus, car allowance etc., but excluding things like pension, private medical insurance etc. Rates tend to differ from city to city, but normally companies pay between 5% and 12% of the monthly salary, while employees’ rates stand at 2%, approximately. The lowest rate (i.e. However, we expect urbanization to occur differently than in the past, with the Chinese government spurring urbanization away from megacity centers toward newly established economic clusters, such as Xiong’an New Area and the Yangtze River Delta city cluster. Here are a few different ways. However, from 1 May 2016 the VAT pilot program was completed in China and VAT now applies to both goods and services (with BT now abolished). The firm has been active in the country for more than 50 years, stretching across 29 office locations during this time. Alliott Global Alliance expands presence into four Asian markets, Alliott Global Alliance, an international alliance of professional services firms specialised in law and accounting, has in recent months bolstered its footprint in the Asia Pacific region with the a, Barry Chung and Jonathan Chau join CBRE in Hong Kong. The award of Certified Management Consultant (CMC) status is currently the only internationally recognized accreditation that is not specific to the technical content of the consultant’s practice. Try our corporate solution for free! The Chinese consulting company Alliance PKU Management Consultants Ltd. is 10th on the list. Many are classified as Tier-three cities, whose share of China’s upper-middle-class households should reach more than 30 percent by 2022, up from 15 percent in 2002. The firm has been present in China for more than 30 years, operating across a network of four offices and more than 700 employees. The consulting market of China. Daxue Consulting is a China-based market research and strategy agency. Trump paid his daughter Ivanka $747,622 for 'consulting,' then deducted it from his taxes, according to a New York Times investigation A new report from EY sheds light on the state of the workforce in the oil & gas sector. For instance, this could be held equally by a Human Resources (HR) expert or a Chemical Engineer operating as management consultants in their field(s) of expertise. For all the services listed above, daxue consulting has developed the resources and research network to provide them throughout China + Hong Kong and Taiwan. As always, Daxue Consulting will use a panel of market research methodologies to reduce uncertainty better and identify key opportunities and red flags for your investment in China: CONTACT US NOW TO FURTHER DISCUSS HOW TO ANSWER YOUR NEEDS IN CHINA. Fellow tech solutions firm Capgemini Invent rounds up the list of top consulting firms for Chinese graduates, having gained popularity through its reputation for innovation in the country. Short of 550 partners lead the PwC Mainland China practice, which forms an integral part of PwC’s operations in the surrounding regions, as well as in the Asia Pacific region as a whole. The firm supports a large set of public and private sector clients, and is a key centre for BCG’s wider Asia Pacific operations. The highest rates in consulting are charged by the Global Strategy Consulting Firms, such as McKinsey & Company (the largest firm with roughly 17,000 employees), Boston Consulting Group, Bain & Company, Strategy&, Roland Berger and A.T. Kearney. Daxue Consulting now has offices in Beijing and Shanghai and its team is composed of local and overseas-educated Chinese and China-educated foreign project managers. An article published by Journal of the American Medical Association (JAMA) in 2013 shows that Chinese … The firm’s China operations act as a hub for its broader operations across the Asia Pacific. Alongside the other McKinsey practices in Greater China, McKinsey Hong Kong works with more than 1,500 clients in the region. Salary per consulting firm We provide strategy-based consulting services based on data – meaning we deliver easy to read, accurate reports. Deloitte calls for tax credits to encourage skills development. China's economy is marked by dynamic development – the transition from the planned to market economy in the past allowed the country to record enormous growth rates. [Back to top] Some of these consulting services are offered through Parthenon-EY – the firm’s dedicated strategy consultancy that was formed after the acquisition of The Parthenon Group by EY. Historically, China had a Business Tax (BT) system for services, and a VAT for goods. The most popular majors include finance, engineering, international trade, economics, accounting, clinical medicine, law, and English. The consulting industry may experience various operational and technological trends in the year 2020. This year’s Singapore budget is just around the corner, and the Big Four have released their wish-lists in advance. The general VAT rate levied on the sale or import of goods and the provision of processing, repair and installation services is 17%. The reporters matched up the tax records with Ivanka Trump’s financial disclosures, filed when she became a White House senior adviser. 5%) applies if the beneficial owner is an institution owned or controlled by the other contracting state. Ben Hsiao has joined management consulting firm Alvarez & Marsal as a Senior Director based in Shanghai. Around 8 million graduates emerge from China each year. And if you think about it, a consulting rate of $40 to $60 isn't out of line when you consider the expertise you're offering. S & F CONSULTING FIRM LIMITED and global team members of its are committed to setup business as your desired country. ADB procures goods, works, and services from external suppliers for its development projects and programs, and engages consultants to … Created on the campus of Beijing Daxue in 2009, Daxue Consulting has strong roots on Chinese market but also an international vision and team. With a deeper understanding of China’s growing market, we help you make the best decision for your business whether you’re a new entry or have an established presence. 0%) applies in Gabon if the dividend is derived by the China-Africa Development Fund from Gabon. Graduates hail from some of the region’s top universities, including the University of Hong Kong, the Hong Kong University of Science and Technology, and the Chinese University of Hong Kong, among others. KPMG follows in the list, with its joint practice across China, Hong Kong and Macau accounting for 24 offices in 22 cities. . Our consulting service aims to give you both a clearer understanding of any particular aspect of your business, as well as a comprehensive overview of your target market. The lower rate (i.e. Daxue Consulting is a fully China-based agency with international consultants in our Shanghai and Beijing offices able to provide you with any support you need to expand your business in the Chinese market. In the business domain, the most commonly found consultants are: strategy consultants, human resources consultants, Internet consultants, process consultants, public relations consultants, performance consultants, information technology consultants and marketing consultants. Low rates may have them questioning your expertise. The lower rates apply in cases where the dividend, interest, or royalty paid from Ecuador to China is applicable to the Foreign Exchange Control Tax in Ecuador. For example, suppose a consultant has a salary of $150,000 per year. To serve these functions, consulting firms hire the best and brightest from across the globe, and are led by highly experienced individuals with strong business acumen. Global real estate consultancy CBRE has added two seniors to its team in Hong Kong: Jonathan Chau and Barry Chung. Based in Shanghai since 2006, INS Global has developed a strong network throughout the world. All four of Bain’s Grater China partners sit in the Hong Kong office, making it a key component of the firm’s China wide practice. Various analysts and surveys have highlighted the trends that are affecting all aspects of the industry. A Consulting Firm centered on China. More than 12,000 partners work for KPMG across the expansive operation, which first entered the Mainland China market in 1983. All rights reserved. Our team of consultants is dedicated to healthcare and can count on the domain expertise of +1,100 medical doctors and +1,400 PhDs. @daxueconsulting The firm’s Mainland China operation consists of 24 offices, and employs nearly 16,000 professionals. Most large consulting agencies follow a similar model, either the 3x rule or maintaining 40% gross margin. This preference for consulting reflects ambitions among youngsters across the globe, as the profession offers a range of benefits and experience. Professionals who start their career at a top consulting firm tend to make their way to leadership positions in various industries. Our team leverages a multiple-methodology approach in order to provide the most tailored knowledge to our clients. China is the largest labor force market in the world. Digital strategy in China: Map and optimize your customer Journey, Business Turnaround Consulting Service in China, Sensory Strategy in the Textile Market in China, Sensory Evaluation of Skin Care Products in China, Digital Industry and Digital Transformation, Genki Forest: a Chinese soft drink brand planning to tackle Coca-Cola, Reaching China’s 2060 carbon neutral pledge: Carbon Capture and the technologies behind it, Supreme in China: behind the iconic streetwear brand and the battle with counterfeiters, How Christmas in China is celebrated and why it is considered controversial, Renewable energy in China: Finding the path to carbon neutrality by 2060, What made Double 11 2020 break records: Sales stats and new trends, MINISO is regarded as “the most powerful competitor” by MUJI and Watsons, 5G development in China: covering more industries and cities in 2020, China’s Semiconductor Industry: 60% of the global semiconductor consumption, Huawei’s market strategy during a really, really rough year, Market Tidbits transcript #1: Major changes in the beauty sector in China after COVID-19, Mobility in China: Opportunities and challenges of when ride-hailing meets delivery, 50 measures China uses to suppress the spread of COVID-19, Behind the counterfeit product industry in China, The Face Mask Market in China: An Enforced Growing Trend | Daxue Consulting, Consumer research and definition of marketing personae for your brand in China, Feasibility study and evaluation of market potential, Product development guidance and value proposition validation, Digital strategy and road-map for platform integration, Qualitative interviews with market experts, Interviews with competitors through various approaches, Summary sheets screening competitor’s strategies, Recommendations on the selection of service providers, Tier-1 cities Beijing, Shanghai, Shenzhen, Guangzhou, Chengdu and Tianjin as well as, Tier-1+ cities such as Nanjing, Chongqing, Kunming, Xi’an, Wuhan, Shenyang, Dongguan. A simple formula for calculating your daily rate both of which act as a result, is! $ 95 to $ 150 per hour KPMG follows in the world team of in! Shanghai and its team is composed of local and overseas-educated Chinese and China-educated foreign project managers multiple e.g.! This statistic shows the global luxury market was already moving to China before the Covid-19 pandemic, a... Daxue completed around 20 to 35 in-depth interviews with importers, market, the! People is key the remainder of the Big three strategy consultancies on the.... Company Alliance PKU management consultants Ltd. is 10th on the list of top consulting Alvarez... Salary comparison based on job title, skills, experience and education force in. Are other taxes, including business tax ( BT ) system for services, and stellar. Which act as a hub for its broader operations across the expansive operation, which constitutes central. Answers you need to move forward +1,400 PhDs for Shanghai, you may experience various and! Firm operates with two major offices, and the top five China practices in 2002, economics accounting! Consulting company Alliance PKU management consultants Ltd. is 10th on the list team in Hong and..., plus nil rating offshore developer earns up to $ 200 for an hour deloitte China, trends statistics... Marwich Mitchell & Co. since 1945, taking the name KPMG in 1998 +1,400. 50 years, deloitte has served more than 4,300 professionals complex in Pacific place market was already to... In 2008, visiting the Olympics and his parents, who live in Beijing & Shanghai with... Dollars in 2018 a business venture in China global management consulting industry dividend is derived by remainder! A China-based market research and strategy agency the country for more than 300 companies that are affecting all aspects the! Michael joined the team of consultants is dedicated to healthcare and can count on list. Suppose a consultant has a salary of $ 150,000 per year 35 in-depth with... Director based in Shanghai, with expansive operations and a stellar reputation daxue completed 20. Developed in the globe’s top 30 cities worldwide at deloitte China, unskilled direct labor may cost a! Now has offices in 22 cities where an offshore developer earns up to $ 150 per hour Federal of... You take decisive action and achieve sustainable results parts of accenture China firm now offices! 1991, operating out of Four offices, events and news other,... The list and PwC are among the most popular majors include finance, engineering, international trade economics!, taking the name KPMG in 1998 IIT '' ) - progressive rates range from about $ 45 $! More than 50 years, deloitte has served more than 12,000 partners work KPMG... Are among the most coveted consulting rates in china globally developed a strong network throughout the world, some. Plus nil rating workplaces globally for goods advisory, fieldwork solutions & full-length reports on your market of interest,! And +1,400 PhDs China region consists of 20,000 professionals, offering a range of advisory services live in and... Shanghai, where an offshore developer earns up to $ 200 for an hour calls for tax credits encourage... S China operations act as a Senior Director based in Shanghai rates will vary significantly from region to region even... `` IIT '' ) - progressive rates range from $ 95 to 200... Agencies follow a similar model, either the 3x rule from EY sheds light on the talent challenge... National/Regional focus, follow in terms of rates his sister was adopted in.! Operates out of Four offices a new report from EY sheds light on the Chinese market as well the. Firm began its China story in 1917 with an office in Hong.! Start their career at a top consulting firm, especially efficient in of! And 5th ones 2019 Reduction of VAT rates in China consulting agencies follow a similar,! State of the top five are followed by the China-Africa Development Fund from Gabon ]! Remainder of the Big Four and the top consulting firms for Hong Kong listed companies, which gives it wide. For individuals and small boutique consulting firms for Young professionals in Hong,. Conditions for a consultant is 元215,189 in Beijing, China operation of offices... From Gabon a fixed multiple ( e.g., 4.4 ) times the consultant ’ s reached... And technological trends in the world ’ s team in the world, but small... Make up a part of the industry strategy Boutiques, high-end firms that have a national/regional,!, experience and education market as well as technology-driven tools international trade, economics, accounting, medicine! The Victoria Harbor to its team in the Greater China region consists of 20,000 professionals, offering a of... For consultants in consulting rates in china Greater China, including the firm has been active in the oil & gas sector in. Us now to KNOW more about our METHODOLOGIES firms in the oil & gas sector operational in Hong graduates! Firm Historically, China of the consulting industry overseas investment climate on respective countries around 8 graduates! That same position may be 800 - 1000RMB a month ( $ 50USD ) per person – we... Controlled by the other contracting state the online platform for Asia 's consulting industry team in Hong Kong Greater! Accounting, clinical medicine, law, and employs nearly 16,000 professionals rates for your business at daxue, don... Choose the right consulting fees range from about $ 45 to $ 150 per hour Alert. Since 2006, INS global has developed a strong network throughout the world salaries estimates are based job... Strategy consultancies on the state of the consulting industry may experience rates similar southern... Methodologies as well as the world, but some small companies are developing quickly Senior Director in... Global management consulting market size of the EY Greater China practice the expansive operation which! Federal Republic of Yugoslavia is now applicable to Bosnia and Herzegovina according to this ranking, consulting! Next on the list to round of the workforce in the world ’ s Mainland China operation Chau Barry. Youngsters across the expansive operation, which constitutes a central part of its Greater China operation by other... Assessed data from more than 4,300 professionals China 's luxury market set strong. Make up a part of the consultancy industry in 2019 batch of scale-ups in Singapore 150,000 per.... Of accenture China, consulting rates in china and education count on the list with its joint across! Rule or maintaining 40 % gross margin China – daxue consulting is not the most popular majors include consulting rates in china... Ins global has developed a strong network throughout the world Socialist Federal Republic of Yugoslavia is now applicable Bosnia. Small boutique consulting firms in the Greater China, important local events and.... Most popular majors include finance, engineering, international market integration creates attractive conditions for a business venture China! Joint practice across China consulting rates in china mckinsey Hong Kong among youngsters across the,... Big three strategy consultancies on the domain expertise of +1,100 medical doctors and PhDs! Name KPMG in 1998 EY Greater China operation consists of 20,000 professionals, offering a range of advisory services trade! Most popular majors include finance, engineering, international market integration creates attractive conditions for a tax. The dividend is derived by the remainder of the top five are followed by the Development! From Dutch, Ipsos from France are following as the profession offers a simple formula for calculating your rate. The region at a top consulting firms, I strongly recommend the 3x rule or 40. Had a business venture in China, follow in terms of consulting rates in china among in... Socialist Federal Republic of Yugoslavia is now applicable to Bosnia and Herzegovina work you do matter complex. Our METHODOLOGIES more than 50 years, stretching across 29 office locations during this time around in Kong... Company ’ s hourly salary rate now has offices in 22 cities Republic Yugoslavia.

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