{ "media_type": "text", "post_content": "According to me, making $115k base in a tier 2 US city is a “good” compensation for a single person with no debt. What could be considered a “good” base compensation in a city like Toronto in Can$?", "post_id": "5afdd8dfdc642d001310e48a", "reply_count": 17, "vote_count": 3, "bowl_id": "58f0df008ad7250010f8c590", "bowl_name": "Compensation", "feed_type": "bowl" }

According to me, making $115k base in a tier 2 US city is a “good” compensation for a single person with no debt. What could be considered a “good” base compensation in a city like Toronto in Can$?

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@SA1 : not really liking your tone here. Non target school mbas are meaningless? You need some love buddy. Here’s a hug 🤗

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OP

1. 115k is a great base.
2. Yes non target MBAs are meaningless
3. A "good" salary by your definition would be 100k in Toronto.

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That's because they probably went to a non target school @sc1 in which case their mbas are meaningless. Target schools this year was 140-150k out of MBA as a senior

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... considering the single person is 28 years old and first year out of bschool working his/her first consulting job :)

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OP, we are happy that you are happy! Congrats!

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SA1 is what's wrong with half of consulting professional. Unqualified inexperienced people with a sense of entitlement and a need to belittle others for additional inflation of themselves.
OP... You have reasonable expectations and goals. 6 figures out of school is still considered good by real people.

likeuplifting

I know folks making 90k at Big4 consulting out of MBA. And 100k for Capco.

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OP you're delusional

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4 replies, yet nobody answered the question!

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@DD1: I wish it was only that much of a delta - my US colleagues pull almost 50% more than I do (and the US dollar is almost 30% stronger (aaaaand the cost of living (and taxes!) are lower down south)) Assuming OP is at our equivalent Senior Consultant level, they could expect somewhere around 80K in Toronto. Though there are certainly some exceptions, expect that you need to achieve manager to unlock that 6th digit.

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100k all in is good for Toronto consulting. Sub-100 base comp.

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When I worked for a boutique in a tier 2 city we paid new MBA grads $105k-$125k base plus a signing bonus plus up to 40% annual bonus. These rates are 2-3 years old.

Whateva works for ya..

In Canada they get paid about 20k or so less than the US btw

SA1 are richard ivy and uToronto non-target schools? Bro do some research. MBB in Toronto pay way higher than other firms. I quoted actual numbers of folks in specific firms. ‘Non-target’ haha douche

Yeah for Canada those numbers make sense

Accenture 1 - right on! I’m in full agreement

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