Consulting Discussions
Benefits

401k question - I know I can only pay $20,500 each year tax free but can I pay more in and get taxed or something? When I set it up it recommends 12% of salary which is going to hit the limit pretty quickly so what’s the deal here? (Not from US originally and this 401k stuff is confusing af)

For those looking for unconventional exit opportunities:

My friend is in the air force, has a desk job, works anywhere from 9-4 to 8-6 at the worst, gets 30+ days off per year, and makes over $100K after 6 years. Other perks include Amex fee waivers, retirement, and healthcare.

Do Capco benefits cover egg-freezing?

Average total comp including all the benefits they have there for senior consultants in Brussels?

Is amex plat mostly a sock drawer card if you travel 2-4 times a year? The benefits are good and more than pay back the annual fee (uber, streaming, equinox digital also, etc)

Would like to get max earnings on the occasional hotel/flight expense. 5x earnings is attractive. But the Venture X & CSP offer better earnings, though other benefits differ.

Undergrad friend wants to get into healthcare consulting and has 2 internship offers for her junior year summer: Account Manager at McKesson and a Consulting role at BerryDunn. What role is better in terms of image/skills to recruit for healthcare strategy practices full-time? Would also appreciate any info abt either company

Does someone have information about Kearney Dubai. Would be highly interested in getting some insights about team events, benefits besides salary as well as hotels or flight classes.

In between of choosing my benefits and not sure if I should just opt for an HSA instead? Thankfully I am relatively healthy and just go to the docs + dentist for yearly check ups. I don’t want to waste $$ from my paycheck more than I need to; thoughts?

Anyone else have an HSA and how do you use your $$?

I am new to the US and was told by everyone how a Roth IRA is a must so I opened a Roth IRA with the institution with which I have my 401k. I only just found out that there are income limits in order to be able to contribute to a Roth IRA and I exceed the limit. I have already opened and maxed out my Roth IRA for 2022 while exceeding the income threshold. Can someone advise me on what to do?

On a side note, why is everything a million times more complicated in the US? From taxes to savings…

Aetna vs Premera BlueCross as a provider for Amazon health insurance? Which has a better network, especially in NY/NJ? We’re trying for our first kid. TIA!

Has anyone had their 401k distribution reach their account? What date should I expect to log in and verify it in December? or does it usually post in January (MBB)

Rejected from MBB last year, so went with a boutique LS firm, but M said I could go straight to 2nd round if I applied again. Keen to take it up as I want a broader scope of projects in healthcare - but just wondering when is best to do this (beyond 12M period)? What is the optimal period of time at a firm before leaving? @mckinsey

Getting an offer this week. What are some things I can negotiate? Top of mind: signing bonus, base salary, guaranteed bonus, length of guaranteed bonus, PTO days, how about benefits?

Public sector consulting for 5 years, switching firms and hungry for a promotion (after maternity leave) and learning about manager duties etc. What are the most important skills of managers? Am at a boutique now that lacks structure and mobility.
Having the opportunity to have a coffee chat with a senior partner before I start and wonder if they could shed some light to the promotion track and help. Of course I've not done anything to deserve sponsorship yet. Also don't wanna kiss up to some1!

What happens if I give my resignation on the last day before Christmas break with two week notice, will I be cut off right away or I would still get benefits in January?

We are currently pregnant and at 20 weeks. My husbands was about to tell his manager about the pregnancy and paternity leave plans but then started to hear some layoff rumors which now seems inevitable. His project also did’t get extended (totally unexpected) and his team is getting released at the current client. Now he is unsure of if and when he should let his manager know. He does not want it to backfire on him. Suggestions?

Is the grass greener on the Booz Allen/Deloitte/McKinsey/consulting side or the Lockheed/Boeing/Raytheon/prime contractor side? Pros and cons? Salary, WLB, benefits, career growth, etc.

Currently an SC with 8YOE and $90k salary - not engineering 🙂 Weighing an offer within the latter group for roughly $10k more, and not sure if it’s worth the move… Looking for advice from anyone with operational knowledge!

Anyone here currently working at Gartner? What’s the WLB like in Data Research? Benefits? Reasons to stay away?@

Hi All, I am currently working in IT services based out of Canada as a director with a base salary of $190K. I got an offer from IBM Consulting Canada to join their Hybrid Cloud Computing Group as an Associate Partner - Multicloud in the Financial Services Sector. IBM Consulting offers a base salary of 240K CAD plus bonuses and benefits. Is this a good offer? Any feedback on the work culture at IBM Consulting Canada, particularly in their cloud unit?

Have any of you seen significant benefits from a standing desk (weight loss specifically)?

Those at KPMG - what do you think of the updated benefits?

Does anyone use forward, the new preventative healthcare company?

Any fish here move to another country for a few years then back to US? I’m looking for insight on bringing my money back that would be in my employers pension scheme and I am wondering if I could put it directly into US 401k or Roth? Any insight would be great, thanks.

Anyone interviewing with Simon Kucher for healthcare? Let’s chat!

How do you know when the next move is right? I don’t like my current position at all, I have an offer from a smaller healthcare focused consulting firm doing ERP implementation. I have no idea what I want my next job to be, it sounds interesting enough but I’m unsure if I’m just hopping from one bad positon to another I won’t like.

Mid manager moves to Big 4 from non-Big 4 consulting.
Reason: More expensive in niche IT segment
Goal: Increase compensation/benefits
Fear: long hours

Do mid-managers move to Big 4s ? Any personal experiences you can share
Yes, I do have a family already.

Hi everyone, at this stage in my career, I'm looking to do something new. I have about 18 years in client management leadership (senior manager/director) level roles. My experience has all been in the PBM or Healthcare, Digital Health sector, leading client engagement, strategy or operations. Is consulting even an option for someone with my background? Any recommendations on firms that I should look at? Thanks for reading my post, any guidance would be greatly appreciated.

Is the salary on maternity leave paid by company or insurance? Wondering how can I keep up the 401k contributions next year when on maternity leave.

Anyone at MBB willing to chat with me about how they handle externships? Considering an offer and saw this as one of their benefits, would really be interested to know how these work--are you still an employee? How long are they for? Is it like you are being temped out to the client?

Is ACN strategy in Healthcare hiring or on hiring freeze?

Anyone hiring for healthcare management consultant or senior consultant positions? Please let me know.

Thoughts on Kaufman hall for boutique healthcare consulting? @kaufman hall

Has anyone ever heard of Kaufman Hall healthcare consulting? My girlfriend is thinking of moving from academic medicine to KH

If you will inherit 4M and 3 investment properties would you put money into your 401k?

Hello! Anyone work at GE Healthcare?