McKinsey & Company Does corporate strategy pay more $ to consultant hire than internal promotion? I see mba comp comp for corp strategy lags behind consulting pay yet corp strategy can attract many consultants to join (after consultants work at consulting firm for two years) McKinsey & Company

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Apples vs oranges. The corp strat opportunities that target MBA students are often not the same corp strat jobs that target consultants a few years after business school. As such, pay and level are often higher, and the hiring companies themselves differ a few years out.

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Coming in as an external hire will almost always offer a higher salary than someone in the same role who’s “home grown.” Just how it works everywhere these days.

Also consider trade offs. Long term, consulting will pay more, but corporate strategy will likely have way better WLB. People in those roles tend to be content with a slower salary progression in exchange for not working 60+ hour weeks with no end in sight.

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