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Senior consultants that solve million dollars problems don't charge that much per hour
On top of everything else that is literally false at least in the US. If you're engaging one of these senior consultants on a 40 hour/week contract they won't be charging $500/hour sure, more in the $200/hour range. If you want them for a one-off hour-long contract or just a couple hours a week? $1000/hour minimum.
I think the 500+ is what the firm charges while the actual consultant's cut is about 200, that sounds right
10 years ago acturial consultants were regularly billing $750+/hr and I can't imagine that's gone down
that assertion in the OP is peak tech bro.
I'd imagine actuarial consultants are special though right? Actuaries actually have to pass tons of difficult math exams while normal business consultants just bullshit out their ass and tell people to layoff
sure but I was just using it as an example of "senior consultants that solve million dollar problems"