Can someone shed light on what’s comp structure like for a principal partner and MD at a firm such as Deloitte or another tier 2? I am trying to understand if that’s something I’d like to aim for.

like
Posting as :
works at
You are currently posting as works at

Generally speaking, for Big 4 (which D is in):

MD: 300-450k
Principal/Partner: 500k for first few years, around 700k average, ~ 1M+ for service line/network leaders

helpfulsmartlike

How much is the base out of 300-450k?

In Big 4, the only difference between the Principal and Partner title is that a Partner has a CPA. Usually they are used interchangeably in conversation.

The MD position is usually used as A) a 1-2 year holding position prior to Partner/Principal promotion or B) a position for older folks that are too advanced in age for the equity buy-in obligation asked of Partners to financially make sense.

likehelpful

I am! But regardless of this, I view it as top of big4 and I am unclear of value prop of other tier 2s (ATK?) in digital biz transformation space and consumer centric work (which is my career focus). I am mid career stage and trying to evaluate what to aim for in my career.

Thank you! And the difference is Partner focuses most on selling vs. delivering and have to put equity into the firm? Is that right? And is it harder to get on principal track vs. MD generally speaking?

Related Posts

Hello fishes. I'm an MBA graduate currently working as a digital marketing professional in a mid size consulting firm with 3 years of experience.
I am terribly underpaid in my current org at 5.5 LPA after a recent promotion and annual appraisal. Another mid size consulting firm offered me 7.5 LPA but I am asking them around 9 LPA.
Am I asking too much or shall I take the offer of 7.5 LPA?

Thank you

like

I am currently a Junior Engineer with 5 years experience, I have been with the same company for 3 years now. I have my yearly review coming up and was asked to present a raise I desire. I feel my company underpays their employees but was wondering what the average salary is for someone in my position. My company has also mentioned wanting me to shift into the environmental engineering world which is where my strengths are

like

What kind of work EY GDS have in Power BI if there is only excel and PPT related only work being performed? Any one in EY who is working in Power BI tool? I am yet to join EY GDS but m worried by seeing lot more post related to copy paste work here.
My service line will be F & A. Can anyone please tell me lil bit on this service line and wlb. If any one working in F & A service line in Power BI, Please put your thought as it will be much helpful in decision of joining EY GDS.

like

What is the average Manager salary in Netherlands? (4 big or MBB or boutiques)

like

Do you all see a compelling future in your tax career? I’ll go first, I don’t see a compelling future working for a large PA firm in the long run because you have to work more as you move up. However, I do see a compelling future by using my knowledge and skills to open my own firm/business and work less hours as long as I make enough money which is $75k, or if I do work long hours, it’s because I want to.

like
like

I would like to know how much persistent pay for 7.x senior architect.

How much is coforge offering for yoe 6 java developer?

like

Hi! Looking for avg Pelvic Health PT salary in SC , just starting out in this speciality. TIA

like

How is celsior technologies aka pyramid consulting Inc i got offer today 20 lpa. Can anyone please provide details if you know about this company Tata Consultancy Infosys Mindtree Wipro Pyramid consulting Cognizant HCL Technologies

like

Anyone in Corp Dev M&A? Received verbal offer today and it was a total boner killer that sounds non negotiable. Offer came thru random guy in HR vs hiring mgr/director and seriously considering going around hr cause the guy sounded lazy asf.@

Would like to understand market comp for in office CD roles, 4+yrs m&a experience and 25-40 advisories under belt. It’s an F500. Basically a pay cut of like 60-75% lol, idk if they’re testing me or serious. Edit: Happy to give any additional details.

likefunny

Is it worth joining the BA Continuum in Mumbai ? Is it MNC ?

I tried to get an agency to tell me the salary they have in mind (any tips on how to get them to throw out a number first?)

They replied: "the salaries will be in line with market rate ranges in New York City for the respective full-time roles."

What are the market rate ranges for:

Senior Copywriter
Assoc. Creative Director of Copy
Director of Copy

Thanks!

like

Forwarded from a friend, is this true?Barclays

Post Photo
like

Hi Fishes,

How much time L&T Technologies Services takes to roll out offer after HR Discussions ?

like

What are the Designation level at HSBC GSC for Hyderabad location. What is the band for Assistant Manager

Any @capgemini fishes here to confirm current salary band for C and SC? Ideally HR Transformation and EE experience but just good to get some numbers and what leeway is there in negotiation?

Thank you

like

Hello Everyone,

Has anyone attended the BNY MELLON interview recently for Full stack developer as Java and Angular..
Could anyone please share the experience as its urgent. My interview is scheduled for this. Need help.

Thanks

like

Hi fishes, I got new offer from cognizant. How much average (min:max)appraisal sr associate gets? I would like to know the growth in CTS.

like

Hi folks need information on salary range for principle consultant in Infosys with 22 yrs exp

like

More Posts

layoff news about Amazon is true or just a rumour ?Amazon

like

Hey Fishes Looking out for a job change and came across vacancies at Deloitte India as per my profile and experience. Can someone kindly help me with the referral. That'll be great help. Have been trying from a long time to switch but nothing fruitful yet. Your referral might make the job hunt a bit easier so kindly help. Yoe: 3.3 Profile: SAP SD associate consultant Immediate joiner
Deloitte India
Thanks in advance for your help.

like

Anyone hiring? I’m a PharmD looking to jump from consulting to the industry.

like
like

Anyone know average salaries for 3rd year associates at small firms in San Francisco that represent government agencies and non-profit affordable housing developers? The firm has 6 associates, 7 partners and 9 of Counsel.

Chocolates vastunaya andariki?

like

Suggestions on where one may locate reasonably priced board games in Dubai? Somewhat random but I assume consultants play board games too

likefunny

Anyone from Deloitte/KPMG/EY/PWC working in Servicenow projects?

Advice on pivoting from staff augmentation as Voip SME/architect to DevOps and software? Wanting to transition from in person to remote/async work

like

What if there was a reverse Wordle? You take other peoples word charts, start with the daily word and try to figure out what words they used to get there.

likeuplifting

Monday Wordle 331 5/6

⬛⬛⬛⬛🟩
⬛⬛⬛⬛🟩
⬛🟨⬛⬛🟩
⬛⬛🟩⬛🟩
🟩🟩🟩🟩🟩

like

EYP and Strategy& fishes, what sort of work do you do in the Life Sciences space (specifically Big Pharma)? And what sort of exits into industry have you seen your former colleagues make?

like

Hello,
Does Cognizant provide reimbursement for WFH setup?

I am about to transition from being a junior partner at a large law firm (my practice has focused on private equity M&A) to Deputy General Counsel at a large-ish Pubco. I am already giving myself a crash course in public securities and corporate governance from my firm’s training materials and my cap markets partners, but I also wanted to poll the audience for other suggestions on how to become as prepared as possible for my new role please. Thanks in advance!

like

Possible to break into buy side finance after 1 year MBA at INSEAD, LBS, Columbia Business School, or Kellogg? I have 4 years MC exp and a Masters

like

Anyone have any thoughts on Primary vs Secondaries PE as a career after coming from Tech M&A? Wondering if Secondaries is a good move?

like

Accenture strategy folks.. can someone confirm if work from home is about to end?

Can anyone guide regarding beginner level HR jobs in google?

Additional Posts in Compensation in Consulting

My Associate stint is ending next year, and I need to start thinking about my next move. What’s the right comp I should be targeting with 4 YoE (2 in VC, 2 in consulting), in unicorns vs PE vs CVC?

Current TC is roughly 175-300k (carry is complicated and variable) in MCOL.

like

What should I be looking for as a non tech consultant with 2 yoe going to a pre ipo startup valued at 10b. Nyc of sf based. Recruiter said 120-130 salary is the range

like

Expecting an offer today from Deloitte consulting (commercial). Would love to hear tips and advice on how to react to the call and negotiate/what to negotiate more for. I was laid off back in the fall and will 100 percent take the offer - super excited!! But don’t want to show my emotions. TIA

like

What’s the compensation of an Oracle account executive? I’m assuming a base salary plus sales?

like

Anyone ever temporarily lower 401K contribution to increase bonus cash payout?

like

I have a place in NYC and FL and planning to stay in my place in FL for a good 8-9 months. Is it fair to keep my job information the same and just declare to the IRS where I spend my tax year? Or do I have to actually relocate back and forth?! Using TurboTax, it looks like it just asks you where you lived & work and how many months.

like

How much does Slalom PAD or CSP make in Midwest region? Also what’s a YOY % increase? Does it come close to MD salary band

like

Just received a formal offer from Deloitte Consulting as a SC in Strategy & Analytics. Base is $125K, no sign-on bonus. This isn’t much of an increase from what I’m making now. Haven’t reached out to negotiate yet and the recruiter has been pretty quick on the phone so far. I’m coming from a smaller firm, 8 YOE, mainly data analytics and cloud. Any insight or tips how to navigate for increased base?

like

Was lowballed and don’t want to play catch up for the rest of my life. What is the best timing & ways to ask for a raise? Or should I exit to correct my mistake. Happy to dm with my specific info

like

ConsultingHumor’s Instagram page (364k followers) did a massive compensation survey for top consulting firms in the US and internationally. Several thousand respondents with base and bonus salary for all the top (and some smaller) firms. Can be used when negotiating your next raise or to see if you want to jump ship to another firm. You can download the full spreadsheet of data at consultinghumor (dot) org

Post Photo
likehelpful

Any Accenture and slalom fish know what I can expect coming into either with 4 yrs of experience into the salesforce practice?

like

Fishes, is 110K for Senior 3 consultant an average offer?

likefunny

Qualified Dividends: I’m expecting $650-$750 qualified dividend in 2021. Salary and base about $250 total. Questions: what tax rate will the qualified dividend be taxed at? The 15% or 20%? Also, since it’s technically a long term gain, do I have to pay an state and local on the income? Been reading for a bit and I can’t seem to find a clear answer. Thanks fishies!

like

DC - AFS, Senior Analyst making 88K salary with a 2K sign on bonus I had to negotiate is this a good deal?

like

160k TC, 125k salary in Seattle. How much should I spend on food/rent - can you give a conservative range?

I would like to maximize savings but not live with roommates/in a <400 sqft apartment

like

What is a good bonus number/percentage?

like

Anyone know about compensation at Smartsheet in the professional services group? Typical equity offers?

like

Hello! Looking at an opportunity with established startup in UK that's just been acquired by a large co. I'm US based and my salary is around $250k (NYC) -I've been asked my expectation without the startup giving me a range to work from (though I've asked). I'm not sure how to reply to them because I have a feeling that my requirement may be out of their range and while I don't want to undercut my value, I also don't want to be cut out of the process because it's an interesting co. Any advice?

like

What’s the salary by year for senior managers at bcg and mck?

like

Going through first full cycle with EY as Advisory PI Manager in Tier 2 city.

What in your experience is average raise for high performer vs meets expectations?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal