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How do I check my utilization?
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Rising Star
I’m currently finishing up my first year of employment post-MBA (~T10 program). Following b-school, I’ve been doing primarily ODD with some CDD work with a B4 consulting group. I have an interview coming up with A&M for a Senior Associate position in their Operations Group/Rapid Results practice (located in NYC).
Any idea what I could expect for base and total comp, coming in with 1 year post-MBA experience? My understanding is that base may be lower but that bonus is likely a lot higher than at my current firm. Management consulted lists $125k as base though, which seems low (even for someone straight out of b-school, though I’m not sure how that may be adjusted for something with a bit more experience)
1. Senior rate = $425/hour
2. Total hours in a year = 2000 (100% utilized)
Total collections = Total revenue = $425*2000 = 850k (100% collections)
3. Senior Associate take home % = 25-28% of total collections
4. Your potential total comp = 25%*850k = $212k.
5. Bonus = $212k - total annual base
Few assumptions that can change your comp:
- Collections %
- utilization %
- take home % based on your performance.
Hope this helps.
Have friends that work at A&M, my understanding is that they make up for lower pay by slotting ppl at manager if they have enougj experience. My friend was hired out of MBA at m which I think is closer to 140-150 base.
I was $225 last year as an SA on 103% utilization.
Rising Star
Glassdoor homie
Rising Star
Notoriously inaccurate for consulting salaries, as it usually doesn’t differentiate between practices at a firm
Low base but variable comp up to 40% for the very top performers. No SC level means pay bands seem disappointing compared to B4.
All a lie, depends on which MD you work with
MBA doesn’t really matter at A&M, it’s more about YOE and your level coming in.