Do MBB and Tier 2 salaries are negotiable or bands are fixed ?at M1 level ?

I joined T2 and was being told by HH that salary band is rigid.

How about MBB .. is there any scope of negotiation or they put into a standard year 1 band ?

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At T2 you can definitely negotiate within the band (firm dependant) as a lateral hire and a sign on

MBB is usually fixed except the sign on bonus as per my knowledge

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Depends on the firm. There are sub-levels (like number of years at level) that allow for some flexibility, but the real negotiation is what level to come in at (e.g., 3rd year manager vs first year manager if you can't negotiate a higher title).

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MBB is fixed. What is more flexible is the time to promotion, for which you’ll need to show that you can go up a level faster than is traditionally expected.
Outside of that, no negotiations, no. Not for consulting at least, perhaps for business functions.

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Fixed. Unclear whether base as a lateral hire is negotiable. Perform well and you get promoted early - then arguing over an extra 1-2k on your annual AC salary will seem petty when you get that uplift in a month on the new C salary.

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