If I am paying a marked up bill rate, isn’t it cheaper just to hire a full-time employee?
Sometimes, but often times it makes sense to use consultants for a variety of reasons: First, you are saving on the administrative costs of hiring new employees, such as newspaper ads, job fairs, testing, reference checking, background checking, and payroll processing. Also, since Rando Consulting payrolls the employee, you do not have the costs associated with matching taxes and insurances such as health, life, dental, and disability.
