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3 comments

[–] [Deleted] 2 points (+2|-0)

Everyone wants to hire a consultant or outsource rather than add a dedicated headcount to maintain whatever the system is.

That's a big mistake. It's more cost effective to hire a full-time person who will learn the system and be there to make updates/changes. If they keep bringing in consultants, they have to pay for that person to learn the system and then put in whatever fixes are required.

Permanent employees have a stake in making sure that the system works correctly and was properly documented that consultants don't share. After all, they're moving on to a different contract and don't really care what they leave behind...

[–] Justintoxicated 1 points (+1|-0)

A couple years back I was at company that had some turn over (basically the whole team left) so 2 competing consulting companies were brought in (8 consultant replacing 3 people). They were paying about $200k a month in consultants. A new leadership head came in and let me take the work I wanted, within 2 months 5 consultants were gone.

I've seen it a few times where companies, instead of hiring, get leeched by high dollar consulting firms.

[–] Justintoxicated 1 points (+1|-0)

Raj thought that checking the "principal" checkbox and entering the number of a Citibank wash account would ensure that the principal payment would stay at Citibank. He was wrong. To prevent payment of the principal, Raj actually needed to set the "front" and "fund" fields to the wash account as well as "principal." Raj didn't do that

I would like to nominate "Good Finance Raj" to be treasurer of SDBH.