Compensation is long overdue a correction. The last one was 4 years ago. Is there anything in the grapevine? What are the odds on 2027 increase?

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Sorry, I don't think the starting salaries are below market for MBB. Until we are having a hard time filling slots, I don't see any changes.

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McK2, how many MBAs get a good tech job nowadays? Answer is "not many".
IB is a cautionary tale proving that high salaries aren't enough to attract top talent. Once you look past a few groups and boutiques, talent isn't very strong at mid tier BBs

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Oh, wow. I thought my company was the only one dealing with frozen pay increases. This must be industry wide

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BCG always moved first on MBB salaries. As long as their recruitment targets are being met they will not increase salaries.

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Not even that. A 5% raise doesn't impact hiring much - people don't turn down MBB for a few bucks, and they don't mass-apply either just because BCG offered 10 more grands.

It is mainly a retention tool. As long as strong performers aren't exiting, as long as there's no bottleneck in the pyramid, salaries will be flat.

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Layoffs may be the next phase. Capital that once supported compensation growth is increasingly being reallocated to AI initiatives, automation, and productivity investments.

Unlikely - BCG

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