Compensation in Consulting

What economic class would you say you're in? Middle, Upper Middle, Upper, etc.?

Hi all, I am a graduate student preparing for a thesis next semester. I was hoping to pick the minds of some experts on potential topics related to shifts in behavior from wanting more money/compensat… more

Is there any guides/resources online to learn how to negotiate a salary more effectively that anyone would recommend for work in Canada? I found a free class on Harvard’s website that did alright for … more

What would you consider as an acceptable 401k/HSA match? One company in IT consulting has provided a 2% match vs another firm offering 5-10% even. Compensation is about the same so wouldn’t account fo… more

Can anyone provide some data points on a cloud advisory consultant role from someone that is working in the US but the offer is in Europe or just a consulting role in general changing between the US a… more

What has been the weirdest offer that you have received in your consulting career? Looking to see what people have been offered as apart of a business project to understand compensation offers from va… more

When does your firm pay out your yearly bonus? The last week of the year or the first or second week of January? It's January for us.

How much do MDs at Accenture Strategy make all-in during their first 1-3 years?

Looking ahead to 2026, what are your financial goals? Since we have the AI bubble and a recession to look forward to, I'm sure no one has high expectations for next year.

Just had a friend tell me that they are being asked to take a 20k pay cut from 120k salary to stay entirely remote vs go into the office 4 days a week. Is that reasonable? My friend is gonna take it. … more

What factors play the largest role in a salary discussion? I am debating on whether getting a finance focused MBA from a T20 will be worth its investment given the current market and want to get into … more

Does anyone have a good budgeting tool that they would recommend or be willing to share? I was tempted to set up an excel sheet as I can’t get myself to pay for something to track my money but wanted … more

Is it selfish to ask for a raise after my firm did layoffs just a few months ago? I've had to pick up a lot of slack and feel like my compensation should increase to match my new workload.

Anyone have good methods for dealing with friends that ask you to spot them since they know you make more than them? I try to be nice but it’s getting to the point where I am getting severely inconven… more

Does anyone have any tips on how I can bring up the prenup conversation with my girlfriend? She's a teacher, so I clearly have a lot to lose if our marriage doesn't work out. But I don't w… more

Do you think that miles and status from traveling for work plus reimbursement of costs is enough to justify the effort of delayed/canceled flights? Just got delayed from going home for 4 hours and I f… more

Is anyone else's family WAY too interested in what you're earning? I'm dreading Thanksgiving next week, because somehow the topic of what I do and how much money I'm earning comes up. … more

What steps should I be taking to safeguard my finances ahead of the AI bubble popping? At what point do I pull my money out of the AI market?

Did you grow up thinking $100,000 was the goal? My dad earned a little over $100k and he seemed like he had so much money. I thought, when I grow up and hit that $100k mark, I'll be set. How naive… more

Have an interview with Alvarez and Marsal PEPI team coming up. As a senior associate, does anyone have insights as to what the range is for the NY office? Looking for more data points. The ranges that… more

Would you prefer a higher salary with expectation of overtime or time and a half for extra hours? I am trying to settle a bet at what would be a better move. I would say time and a half unless you hav… more

Do you find that higher compensation results in a more cutthroat culture at firms or is there a way to find balance without having to worry in your experience? The past two firms I have been with have… more

How much should one earn before justifying the expense of hiring a Financial Advisor? I feel once you're earning $250k, it would be crazy not to get some professional help.

How do you fight against the growing urge to spend more money with a higher salary? I have a friend who is going out to eat 4x a week now that his salary is 100k. He is racking up credit card debt now… more

When is an employer’s match taxed for a Roth 401k? My contribution was already taxed so when is my employers match taxed?

What age were you when you first reached a $100,000 salary? I was 34, so you might call me a late bloomer.

Is anyone else watching structural leadership waste and hypocrisy while being overworked, under-valued, and gaslit

Do you worry that as AI becomes more advanced and accepted in consulting, that our salaries will decrease, because "we'll be doing less?"

What are your thoughts on being a contractor vs salaried consultant? I just received an offer to leave my current firm for a 20% raise to be on a short contract with likelihood of extension/conversion… more

What’s the salary difference for you that makes it worth it to jump to a similar role?

What is the best way to go about asking your manager about different compensation schedules that besides being hired a month apart are considerably different? I am currently making 109k TC while my co… more

How willing would you be to relocate? I have an offer to move from Florida to NY for a 40k moving bonus and cost of living adjustment for the area. I don’t know if I like the cold weather though. Is t… more

Comp check. PE portco offer $450k cash + equity of $1.8M target exit in 4-5yrs. SVP of value creation in fin serv with current revenue of ~700M. Is this ballpark reasonable or short given the level/respons… more

Do you ever feel that making more money is not worth the extra effort? Not that anyone wouldn’t want more of their work, but just going through the effort for a few extra thousand dollars at the end o… more

What are your retirement goals? I was aiming for $2.5 mil in total assets but I'm starting to worry this won't be enough if I want to retire by 62.

What are your biggest considerations in accepting a new offer from a firm? For me it has to be guaranteed PTO and having weekends free from potential work. I know that isn’t the same for everyone but … more