However, consulting firms tend to keep their senior consultants always (you can’t pull a good consultant out of thin air), and rely on the hiring or firing of their analysts, usually entry level, to do the extra grunt work that comes with increased activity… So your question about how many consultant-class type jobs it created would likely have an answer of 0 or close to 0. Entry level analysts, on the other hand, would cost 75K a year, giving us a total of 3 or maybe 4 if they’re super cheap.
It would be important not only to take into account the other companies that may be consulting firms, but what other objects of expenditure may have had to hire consulting services due to increases of activity… For example in the top paid companies within the 2024 expenditures we see the Democratic Party of Kentucky receiving $3.5M, some of that may have gone to consulting too.
It would also be wise to assume these full time jobs of analysts are only required for 1 year of the election cycle… which would quadruple our results, suggesting 16.
I found this record of their expenditures (filtered by word “consulting” in recipient’s name).
At least 1 million dollars’ worth in the 2024 election cycle, which is 4 years.
So that gives us 250k a year. This is only accounting for expenditures in companies with the word “consulting” in their names.
A political consultant wins on average, 100-190k a year. That would give us one to two full time consulting jobs.
However, consulting firms tend to keep their senior consultants always (you can’t pull a good consultant out of thin air), and rely on the hiring or firing of their analysts, usually entry level, to do the extra grunt work that comes with increased activity… So your question about how many consultant-class type jobs it created would likely have an answer of 0 or close to 0. Entry level analysts, on the other hand, would cost 75K a year, giving us a total of 3 or maybe 4 if they’re super cheap.
It would be important not only to take into account the other companies that may be consulting firms, but what other objects of expenditure may have had to hire consulting services due to increases of activity… For example in the top paid companies within the 2024 expenditures we see the Democratic Party of Kentucky receiving $3.5M, some of that may have gone to consulting too.
It would also be wise to assume these full time jobs of analysts are only required for 1 year of the election cycle… which would quadruple our results, suggesting 16.
So if I had to guess?
20 maybe.
This is an amazing answer and now I’m bookmarking open secrets. Thank you!