Currently in big 4 consulting, is my salary increases in line with expectations?
New hire: £28k
1 YOE: £32k
2 YOE: £38k
3 YOE: £44k
4 YOE: £49k
5 YOE: 59k

Does this seem abnormally low?

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with 5 Years of experience you are most likely still a consultant, so £59k in the UK for a senior consultant is about right for Big4 (unfortunately!). Agree that salaries in the UK (especially if you live in London) are low for the high cost of living.

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Same as Invent, much higher than B4, D has only just come to a better alignment with us

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Where I am, I was £90k+ as a senior consultant the times I got top performance bonus. Average was £80k.

Now Manager so base higher but similar bonus.

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This is consistent if you stayed at a big 4 and have been through the normal progression path (no fast track). Unfortunately even getting promoted to manager won't bring you the massive salary uplift. £59k means you are on the higher band as a senior consultant. Time to evaluate your options.

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a lot of Managers are on that but very few if any would be on their first year of being a manager who’s come up the ranks

NGL big 4 seems a total rip off. Last year with 4 YOE I took around £85k at PA. Market has slowed now but take a look around when it picks back up

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No but PA pay relatively large bonuses which made up about 25% of total pay last year. It’ll be interesting if I make more or less this year despite having a higher base

Come to LEK - even 2 steps back will make you much more money and set you up for faster progression over the medium term

likeupliftingsmart

LEK grad entry salary is £48.5k + profit share + up to 5k performance bonus + 5k signing bonus

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You need to change jobs

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Same role, different company, more money. At least 20% pay rise

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Change companies and see your salary jump up to £70k

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Start talking to recruiters and make it clear you only want to see jobs offering remote working. There are companies that offer it, but it’s not that common

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Quit

funny

Audit senior -> fp&a

Crazy that someone with 5 YOE is paid less/similar amount to trainee solicitors at big city firms.

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Ex-B4 here, somehow they have the prestige but not the £££. Also big tech and IB just went through a boom, neither is looking great atm.

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This seems low even for big 4! In my own experience:

New hire: £35k
1 YOE: £38k
2 YOE: £49k
3 YOE: £53k

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Sounds about right D2

It doesn’t seem abnormally low but you could aim for more. I am assuming this salary expectation is based on being home grown and not jumping ship.

Would recommend jumping ship to double the expected salary easily.

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Yes home grown, thanks

Also, the Accenture pay bands are guaranteed higher than this, even for less client facing Roles

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You have to come to NYC

It’s dry humour…

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Ngl kinda agree. How are uk salaries so low? You do the same work and the city is expensive.

Even everywhere else in Europe is much higher

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Grad Analyst at Deloitte is £35k, not sure about the rest of the bands though

It's no MBB salary, but the rates are better than Big 4 for equivalent roles. A small amount yearly increase and larger amount with each promotion. They also do salary adjustments to make sure they're competitive here and there, last one saw a 10% bumb to base. I'd say the average on glassdoor is pretty accurate for middle of the range.

Hard to give exact figures because they can range alot and if you're coming external vs internal promotion you'd likely get more.

Work for a medium size consultancy.
First 6 months: 31k
1 year : salary bump 35k + Bonus 5.5k
18 months promotion 45k 7.5k bonus
Now salary will raise due to inflation due in 1 month

What’s the consultancy called?

Imma join ACN next year (signed up this year) and my new hire salary is higher than your YOE 1 salary. You sure you are in Big4 mate?

Pwc1 the wrong salary answers were given to me by a person with pwc in their title here on FB, so i guess that teaches me enough 😂

M1 i see, i didnt know about the sign on bonus, i got one here for Acn and assumed its the same for other big names as well.

To echo what PA Consulting 1 said. You can get paid way more else where almost anywhere outside Big 4. Though there are 'bands' at PA. You'll get paid what your worth. I know people who have come from 6YOE - Manager at Big 4 to a Consultant Level at PA.

And I sure he didn't come for a pay cut. Brought in people from FTI and MBB to name a few.

Wfh is very client dependent and most are happy for remote. Only been at PA 3 months but worked with 4 clients 2 based in the UK 2 in Europe and was all remote. No obligation to go to the PA office and doesn't matter which one you go to you should have access to all of them. Currently on a fully hybrid model. Defence and Security naturally might mean you go to client site more.

But a lot of flexibility, can just not took the project if you don't want to travel. Very industry agnostic till two levels below partner so you're not limited.

How we market ourselves 'Innovation & Transformation Consultancy', cover most sectors and provide 'end-to-end innovation'. That's because along with consultants we have actually engineers, scientists, laboratory and manufacturing capabilities.

Without trying to sound patronising, feel free to Google or check out the wiki page which probably cuts out the fluffy on the website or DM me.

Seems low - maybe not 100% client facing role at big4?

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