Rates & salaries · · 4 min read

What an IT consultant hourly rate actually pays for

Where an IT consultant hourly rate goes: bench time, bid cost, management layers and risk cover, with directional € rates by supplier category in Europe.


A senior engineer billed by a consultancy and the same engineer billed by a staffing supplier sit 60% to 150% apart on the hourly rate, and most of that gap has nothing to do with the engineer. It pays for unbilled hours, a bid function, a management layer above the team, and whatever delivery risk the supplier has agreed to carry.

What sits inside a consultancy hourly rate

Rate cards are built backwards from a target utilisation, not forwards from a salary. If a firm assumes its engineers bill 70% of their working hours, every billed hour must cover roughly 1.4 hours of employment cost before it pays for anything else.

Line in the rateRough share
Pay and employment cost of the person doing the work35% to 50%
Unbilled time: bench, holiday, training, internal projects10% to 20%
Sales, pre-sales and bid work5% to 15%
Engagement and account management above the delivery team5% to 15%
Risk cover, guarantees and marginthe remainder

Buyers underestimate two of those lines. Bid cost is the first: a firm that runs eight-week competitive procurements with solution architects writing the response recovers that spend from the clients who sign. The second is the management layer, which is real work when a supplier owns an outcome and pure overhead when you already have a lead who runs the sprint.

Rates by supplier category

Directional hourly rates for a senior AI or data engineer delivered into a European client:

Supplier category€ per hourWhat the rate buys
Global systems integrator130 to 250Scale, contractual recourse, teams blended with juniors
Big-4-style consulting practice120 to 220Advisory plus build, staffing pyramid, partner oversight
Boutique specialist consultancy90 to 160Senior-heavy teams, small bench, thin cover for absence
Nearshore staff augmentation55 to 95Named engineers you direct yourself
Talent marketplace40 to 85Lowest rate, vetting and cover are yours

Current figures by role sit on our daily rates page, and the reasoning behind the AI-specific numbers is in our breakdown of what a senior AI engineer costs per day in Europe.

What moves the number

Compare cost per delivered engineer-day, not the rate

A consultancy quoting €140 per hour where two hours in ten go to internal coordination and status reporting costs €175 per productive hour. A rented senior engineer at €85 who joins your standup and pulls from your backlog costs closer to €90. The ratio is nearly two to one, not the 1.6 to one the rate card suggests.

That arithmetic only holds if someone on your side sets priorities. Take the direction away and the cheaper hour produces less, which is the whole trade in renting engineers rather than buying an outcome.

When the low hourly rate is the wrong buy

Ask any supplier two questions before you sign: what is the rate for each named person, and what percentage of billed hours goes to work other than building. The answers separate quotes faster than the headline number does.