Consultants always say that industry pay is much lower but from my experience I've seen manager & up making crazy bonuses that we don't see in consulting unless it's a signing bonus. Thoughts? 🤔

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Consulting bonuses suck shit unless you are a leader

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"Industry" is a very broad set of jobs. Some pay more than consulting and some pay less

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MBB has big bonuses. Mine was six figures this ear

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In banking for instance, 20%+ bonuses are standard

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Holy shit SM1. If I could only have slapped my undergrad self to get his ass together to get to MBB I certainly should have.

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My bonus in Pharma was very high, plus I got stocks each quarter. I sure miss those days

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Agree with Slalom1 anything below SM or partner is a pittance

Let's say a manager making 120k and 40-50k bonus in a large food company

And I see a manager in many industries as a consultant at most firms in terms of levels

Sc1 what's topical for us? I've heard 10%for both raise and bonus but some engineers told me they only got <5%

I'll let SC1 answer this SC2.

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