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Nope. Especially these days, performance matters and tenure doesn’t.
I wouldn’t say “coasting.” There are many of us Managers who work very hard whilst being completely uninterested in promotion to SM.
Chief
Firms don’t “value” you if you are coasting. It’s very hard to hide in consulting.
Managers definitely not. At my firm the managers and seniors are the busiest people we’ve got.
Senior managers and directors don’t seem to do anything at all though.
The staff do all the work, the managers do all the managing, and the MDs do all the directing. SMs/Ds seem to just coast and blame others if their coasting causes problems
Not really