How do the big consulting firms get paid for benefits saved/the value of the solution for their clients

Hello,

Can anyone tell me how these big consulting firms get paid for the BENEFITS saved for their clients or the VALUE of the solution they provide? What I mean by that is I understand that consultants can get paid by the hour, the day or for a fixed duration for a number of different things including paid consulting, advisory, project managing changes, programme management, implementing a new technological solution, training staff etc etc etc but how to consulting firms get paid when they save a client say $5-10 million dollars and ask for 10-20% in return? HOW DO THEY MEASURE IT? I mean do they conduct some kind of (reverse) due diligence, do they send in auditors to look at the financials of the client, do they measure the value of new customers because of the work they have done? Do they cut costs and ask for the purchase invoices and work out 10%? I mean I work as an accountant an if you were to save a client $10m because of something you did, surely it would be open to interpretation. Both sides could discuss the interpret details for hours. Would they just send in the lawyers first to define what 'benefits saved' means to avoid questions later, how does it work?

1 Comments
 

Dolorem velit totam accusamus nemo expedita est. Ut quae aut natus nihil ullam harum qui tempora.

Dolores enim et repudiandae. Accusantium qui dolore suscipit accusantium ut molestias. Ipsam ipsa maxime a sint. Totam ea vitae consectetur.

Itaque magni perferendis perferendis nesciunt impedit. Qui commodi ipsa et amet. Voluptatem porro quasi dignissimos odio maxime. Molestiae ut quae repudiandae voluptatem pariatur quod. Culpa nemo sed eius quis officiis.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

July 2026 Consulting

  • Boston Consulting Group 99.5%
  • Bain & Company 99.0%
  • McKinsey and Co 98.4%
  • Oliver Wyman 97.9%
  • LEK Consulting 97.4%

Overall Employee Satisfaction

July 2026 Consulting

  • Cornerstone Research 99.5%
  • Bain & Company 99.0%
  • Boston Consulting Group 98.4%
  • McKinsey and Co 97.9%
  • Oliver Wyman 97.4%

Professional Growth Opportunities

July 2026 Consulting

  • Bain & Company 99.5%
  • Boston Consulting Group 99.0%
  • McKinsey and Co 98.4%
  • Oliver Wyman 97.9%
  • LEK Consulting 97.4%

Total Avg Compensation

July 2026 Consulting

  • Partner (4) $361
  • Principal (30) $294
  • Director/MD (58) $274
  • Vice President (53) $247
  • Engagement Manager (113) $232
  • Manager (171) $173
  • 2nd Year Associate (185) $142
  • 3rd+ Year Associate (116) $135
  • Senior Consultant (354) $132
  • Consultant (642) $122
  • 1st Year Associate (577) $121
  • 3rd+ Year Analyst (165) $121
  • NA (16) $114
  • Engineer (6) $114
  • 2nd Year Analyst (391) $104
  • Associate Consultant (176) $101
  • 1st Year Analyst (1163) $90
  • Intern/Summer Associate (208) $83
  • Intern/Summer Analyst (634) $68
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”