So whatever you're planning to do, you have to completely rewrite it. These types of urgent situations don't happen in consulting. That's why consultants say they have a work-life balance. Realistically, a work-life balance on a daily or weekly basis may not be achievable in consulting, because the work is based on deadlines.
However, aiming for a broader balance can be beneficial. Male consultants who hold positions of responsibility work the longest, with an average of 9.9 and 12.4 hours, and this last number is comparable to the average overtime of partners in the consulting sector. Considering the benefits of long consulting days for consulting firms when it comes to providing services to demanding clients, there may be no incentive to get to the root of these problems. At other consulting firms, sometimes you'll join as an analyst, then you'll be a senior analyst and then you'll be an associate consultant.
In the United Kingdom, an important step is to challenge the normalization of long consulting hours with people at all levels of the organization. In the typical representation of consulting or the “big four” firms, consultants work on a project for three to six months or so. In strategy consultancies, 100% of consultants say they work overtime, with an average of 20 hours overtime per week. Improving work-life balance In the past decade, consultants are increasingly implementing policies that give consultants the space to take time off work to relax and recharge.
The data also reveals that, since consultants with longer tenure in a company work on average less overtime, which highlights the hours that investment consultants usually take, or need, to familiarize themselves with a new environment. Consultants at boutique firms fare a little better, with only 67 percent working beyond their contractual consulting hours. In consulting firms, multiple organizational backgrounds predispose staff to work longer consulting hours, to increasing conflicts between work and personal life, and to increasing the risk of exhaustion. As a result, most management consultants have to work 50 to 80 hours a week to get the job done, which gives consulting its name because of its difficult work-life balance.
In intensive strategic consulting firms, the health and well-being of employees are usually monitored weekly, while this is less common in other consulting firms. These are also large consulting firms that focus more on management consulting, specifically strategy consulting, while the “big four” are accounting firms that also offer consulting.