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Do you think a gender salary gap exists in consulting?

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Yes and no Micro: no, consultants at the same firm, level, experience, and qualifications are the same Macro: men probably earn more as whole because women have babies and generally prefer to work fewer hours (perhaps because of babies), men get promoted more because they have more experience (again maybe because women are having babies, perhaps some unconscious sexism, perhaps preferences)

likesmarthelpfulfunny

A3 - quick brag right there “embarrassed to be a leader at the same company as you”

likefunny

Yes and no. As the micro level, most firms standardize pay, so the bare salary at each level is equal. However, 5 years into consulting, and I’ve seen bonuses and promotions lead to the conclusion that there is still a significant gap. People will say how firms are “trying harder to promote women over men” but that just highlights the inherit bias to historically (and even now) promote men over women. Said differently, I once had a male MD tell me that “men get promoted on potential, while women get promoted on performance.” There’s always going to be a “what about” situation, but across the marketplace, I firmly believe the wage gap exists and sexism, particularly around promotions, is a major contributor within consulting.

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It has been improving, but a gap probably still exists. Consulting can be an old-boys club where like-minded promote and pat each others’ backs

likefunny

On a level-to-level basis? Not so much. I think firms pay a lot of attention to ensuring that equal work is pretty close to equal pay. As a whole? Yeah. I thi k the promotional pipelines for Women and especially women if color still have some work to do to create greater equality in equity.

likesmart

Depends on the firm. In terms of just straight pay, I’ve heard a partner mention that we can offer higher salaries to female diversity candidates.

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Lol, not BS. I’m at a boutique firm, and I think we have to compete harder for diversity.

Not from what I’ve seen at PwC. Everyone within your cohort has the same base comp. The only differences in pay come from performance based bonuses. I also had an offer at EY and it was the same situation there.

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There might be, but it’s probably not caused by what everyone seems to think.

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Yes it exists. Despite those that like to believe it doesn't. Just like systemic racism.

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Yes, white men are discriminated against, women and minorities command higher wages as firms strive to satisfy their clients by appearing more diverse.

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And you think that’s lacking in women and minorities?

Nope.

No, I don’t think there is a gap

No. It’s legit the opposite. The only way someone can say there is a pay gap is from a self selection point of view(leaving to have kids or avoiding travel etc). If you’re a hungry woman in our industry with a good head on your shoulders, you can conquer the world.

Yes. Absolutely yes.

Yes

Nope. We look for it and fix any gaps we find each raise cycle.

Yes. I experienced it at a smaller consulting firm.

I started the same day as a male co-worker in the same position. He had a year less of work experience than me & same education level - I found out he started off 10k more than I did.

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