Fishes, so I got an offer today from EY India, they are offering 18 fixed and 1 joining bonus and variable of 0-20%. But, isn't the pay band for a consultant role (RTM) 20+?

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Definitely not. 18 fixed is very high based on EY standards. Consultant band starts below 10L. They have lower range at all levels than Deloitte USI.

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Oh!

Generally i have observed that the variable doesnt have a range..but in terms of salary you are paid more than a lot of scons in EY.

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I am an MBA grad, with 3 yoe Pre MBA and 1 yoe post MBA with another Big 4, but with IT consulting.

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Good that you are getting what u want. Pre pandemic EY used to pay 10 lpa for freshers and 12 to experienced mba folks at con level.
Tier2 mba grads.

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Wow.. that is a shocker.

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Yoe?

4

You have a decent offer from EY india, considering their pathetic salary structure. Even for MBA grads they pay less.

Oh, I am an MBA grad.

At Con level with 4 YOE you’re getting way more than what Scon makes in EY currently so it’s above par I would say.

Oh alright. Thank you :)

I'm a Senior Consultant 2 with EY and have 14.5L package. With MSc CS. You've been offered a fairly good package for a Consultant.

Like mentioned above, many MBAs also get lesser packages.

Those Levels 3/4/5/6 etc. are seniority level as per their org structure and pay grade. This is separate from the ladder / roles where you spend a few years in each role before being promoted / given progression to the next.

The ladder is:
Analyst 1/2/3
Associate Consultant 1
Consultant 1/2
Senior Consultant 1/2
Manager 1/2/3
Senior Manager 1/2/3
And so on till partner level

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