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Not sure about comp, I was a bit junior when I was there.
Just here to say congratulations and good luck. I loved being in SEA (Kuala Lumpur) and really miss it.
I am in SG right now as a partner with a MBB. DM me and happy to share some insight!
Mentor
Tough even to move firms as a partner. Will be super tough to move firms and regions (unless you have existing list of potential contacts and clients)
Be prepared to be on a long expedition on development efforts
I moved to SG as a partner and switching firms. I am back stateside now. The COL in SG is comparable to NYC. The comp was no different than the comp in US.
There were a couple of added benefits including School Fees and Car.
If you are US Citizen account for the taxes in US. I had a package that covered tax equalization.
Interested to find out more too OP. Have you worked in SEA before? I’m having conversation myself but with industries, not consulting so even when I have conversation with all their leadership including CEO then the question is whether I have enough relationships and contacts in SEA.
I actually do since I’m from SEA but still a little challenging.
If it is BCG in SEA, avoid. Work culture, leadership and WLB all crap.
Mentor
I spent time there. And on the other side it bring “entrepreneurism” to the next level as you can have a lots of flexibility on clients
Everybody, thank you for the comments here and individual DMs. Summarising here the MBB SEA equity Partner role for everyone’s benefit:
- multiple small clients
- challenge to sell large programs
- meeting numbers will require lot of hustle
- teams are generally weaker
Compensation (all Singapore):
- 1st year all in compensation is 500k usd (350k base + bonus + allowances + equity grant)
- increases by 10-15 percent every year and could be higher basis how much one sells
- senior partners (6-7 years in) make 1m usd plus (all in)
Mentor
You going to go for it?
I haven’t done it myself , but have signed off on Partners doing international transfers . When you compare comp - just make sure you clearly understand the tax impact . If they don’t make it tax neutral , it might not be worth the trouble