With the market for candidates getting ever tighter, what this survey tells me is that consulting firms are increasingly anxious to keep their existing staff happy and to maximise the chances of readers like you staying with your existing firm rather than moving on. You see the survey is all about gauging how Management Consultants like you perceive their work/life balance, career development... and all those other soft factors that make you decide to either stay with a firm or quit.
The results of this one are going to be examined in quite some detail by the vast majority of the top consulting brands. So if you'd like to make your thoughts known and would like to see a copy of the end report then click here to take part in the survey now.
This sudden angst to keep consulting staff happy ties in to a recent meeting I had with HR Managers & HR Directors from the world's leading consultancies. All spoke of their desire to grow their consultant headcounts by double-digit figures in the next year; yet none were prepared to stretch their hiring criteria to accept a wider pool of candidates...
... well no prizes for guessing that if you all want to employ 10% more staff but the pool of potential hires hasn't grown at all - well that's a lot of firms that are going to be left shy of their recruitment targets in a year's time. Or more likely, many will have had to compromise on their entry criteria - just as they did in the dot-com boom.
This explains the heightened concern about retaining staff and the industry desire to have this survey undertaken. If you're worried about hitting the recruitment targets necessary to grow 10%, the last thing you want is a chunk of the workforce moving on that must then also be replaced (and where will these replacements come from if entry criteria aren't relaxed?). Ergo, firms are acutely aware of the need to keep employees happy - and want these survey findings to tell them what they need to change to achieve this.
It's not every day you get to tell your bosses what's wrong with your job (not unless you're giving them a resignation letter at the same time anyway). So if you'd like to take the opportunity and take part in the survey then here's where you need to go.
We are in a candidate-driven market make no mistake about it. Long may it continue!