Related Posts
Bain & Company What is the likelihood of making SAC in September 2022 if I join as an AC on April 18th at Bain & Company? I am a senior consultant at EY with 3.5 years of experience in Data Analytics. Or is March 2023 more realistic? They told me 6 months for promotion but it seems like the two promotion cycles with my different start dates give me 4 or 9 months of experience, nothing in between. I’ll be joining in the private equity group which will be new for me.
Make $120k Accenture now doing tech implementations, just got offer 200k TC EY business consulting. I love my job, have a great WLB (working 20 hours per week, no travel, clear path to M in about 1.5 years) - am I an idiot for even contemplating staying? What I would be doing is more PPT/functional vs Onestream/technical which I do now.
More Posts
Where in the city would be good?
Sloan or CBS?
Additional Posts in Partner One
Can anyone recommend a career coach?
Any IBM partners out there?
New to Fishbowl?
unlock all discussions on Fishbowl.
I don’t know the official number at my B4 firm, but I would guess the % of first year senior managers (what we call them) who ultimately get promoted is less than 20%, halfway split between equity partner and managing director. The other 80% dwindles over the years, with many voluntarily leaving and a smaller percentage getting counseled out several years in if they are not seen as partner material. The last 10-20% are “in the pipeline” and working hard to make their case.
I think better question is how many religiously follow that goal and get it eventually. Many “wish” to be one and quite a few “wait and watch”
<10%
There are a lot of “career SMs” who are never going to make PPMD and they’re ok with it. Most are in their late 40s early 50s making upwards of 250k and have no exit opportunities. It’s the end of the road for a lot of them.
Less than 2% when you account for turnover.
Coach
Somewhere between 10 and 15 percent of SMs make it to Partner ranks . Rest either leave themselves or get counseled out
Coach
Yes - true . Some make peace with it
At D, 20% sounds way too high. I’d say 5-10%