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Worked at both EY (not EYP) and BCG. Would highly recommend BCG over EY. On the monetary side, free benefits (really good health/vision/dental insurance) and 5% retirement contribution (no contribution required by you) are huge. Non-monetary- I like the people here on the whole as well a lot more than EY. Variety of work and standard of care leadership brings for their people are also head and shoulders above anything I had at EY
Didn't know about those benefits structure. That alone is really good VS the vesting structure the big 4 and A&M.
A&M - it’ll be 175K base 10-25% bonus range as C - you’ll be a new C I don’t think they’ll give tenure so it’ll be 2 years before PL but you’ll be glad you had two years to adjust but in 2 years at PL it’ll hit around 250-260K with max of 290K at PL1 and 310K max at PL 2
I think I may have said old PL comp but all good close enough lol
I would still say take BCG - exit ops, firm benefits and all are much better and much more variety of work here than EYP
Rising Star
think bcg raised base to $175k and max bonus should be more than that, thought it was like 40% not 40k
That’s not even up for debate ... pick BCG . Benefits, Calibre of people , Brand name, Exit Opps, Quality of work everything 10x better . Personal experience from my time at BCG
@OP the horror stories haven't changed. MBB in the time of COVID = leaner teams, more work, longer hours. However, all consulting firms have experienced some version of this. It just seems more heightened at MBB (from my and my friends experiences) and it's why I finally left.
If you're purely chasing after salary and growth, I'd still say BCG, if that's what you're optimizing for.
I left earlier this year.
It's not that they're not hiring aggressively. More so that their pipeline is full, and from my experience (YMMV here), I felt BCG tended to staff very lean relative to other competitors /firms I had worked with.
Every firm is saying they're trying to do sustainability efforts and whatnot, but if we're truly being honest with ourselves--that's impossible if you're in top tier consulting.
Anxious overachievers + C-Suite expectations + high bill rates + sky high expectations =/= sustainable consulting practices.
I thought AM offered higher total comp to be honest. Base may be a different story from what I have heard though
A&M comp structure is interesting. Base for manager is 140 but you earn a % of billable hours (10-18% depending on your performance relative to your peers). You only earn bonus after you earn back your base under that pay structure though so you can see some folks trying to work as many hours as possible lol they say on avg it's 40K but I've rarely seen that happen. Depends on your team and their pipeline.