Five years in consulting and a 170K base salary is all we can aim for? I get that it's a good salary in the general sense but considering we're all clocking in frequent, if not consistent, 12-13 hour days... is that all we are entitled to? I can't find one job posting that's offering more than a 150-170K range even for senior positions. Just curious, but is this what we're all making?

likefunny
Posting as :
works at
You are currently posting as works at

You would be lucky to get 170k unless you have a niche skillset

like

Use your resume and experience to pivot out to something that offers a similar-ish base, likely somewhat lower, but also offers you a 4yr RSU deal.

like

I went to Workday out of consulting after 5 years. Made 145 base + 20% bonus (always funded) + 25K RSU per year. Close to 200 TC

170 base at 5 YOE is honestly high

like

I don't think we're entitled to anything but I agree with the sentiment.

It's wild to think that I've spent ~9 years working 60 hour weeks. Even if you assume a typical corporate employee is equally as productive hour for hour, that means I've worked 13+ "corporate" years. In reality, it's probably closer to 15 years since we take less PTO and rarely have quiet weeks.

like

Companies pay based upon the cost to acquire labor. Over the last 10 years the supply of consultants has gone up faster than the demand. Add to that low cost consulting, including non-tech, H1-B etc and there as a glut of supply that will depress wages.

Supply and demand my friend. Econ 101 is the most important class you will ever take. If you took the 8am class you did yourself a disservice by sleeping through half of it.

I make more than that but I also have more than 5 years experience.

Related Posts

What was your mindset/approach for your EMBA?

Which types of personalities and people did you connect with the most / what types of students were the most successful?

Did you prioritize school and leverage work as a playground to test ideas?

like

Any suggestions for a 3-4 days trip during year end /Christmas? 

like

What programming language are you mostly using at work? For me it’s Java

like

Where/ how can I learn Azure?

like

What do you think about switching tech stacks vs becoming an expert in one stack? I am a backend Java engineer, and have solely used Java since I've started my software engineering career about 2 years ago. I don't know whether I should explore other tech stacks while I'm young, or instead focus on becoming a Java expert, given that I enjoy working in Java.

like

Need 15 likes for DM. please help.

like

Where can I get f&f settlement doc ? On the former employee portal i only see status as completed.

Mental health related Q:

Is it normal to feel guilty over wanting to stay in a job that I like (good company culture/leadership, better wlb) but pays less, vs trying to pivot to a job that pays more but is more stressful and unpredictable? It feels so hard to separate earnings from self worth

like

How is the infostretch UK? Is it good for career growth? I am an Architect and would like to continue my career in being an Architect. I have heard that people working on Goldman Sachs projects have higher visibility than others. Please advise whether I should join as I will be assigned to non-GS project.

like

Hello fishes what is the demand of blockchain technology in the current market?

like

Please suggest on this. I had interviewed at tcs 2 months back and din receive any feedback. Now again am getting interview call for tcs. Should i attend it or its wrong to attend within 6 months?

like

I have got an addendum letter from Wipro today stating that my date of Joining has been extended by 45 days. My joining was in mid August. I have 2 options to Accept or Reject the addendum.
Can i reject the addendum, how will it impact if I reject it ?

like

Hello friends, I am looking for job. I have more than 9 yrs of experience in application support role. I can join immediately.

like

Hi, I am switching over to UX/UI design. I am taking an intensive course. What advice can you give a UX or a UI designer? How can you get your foot in the door for these fields?

like

new to the boston area and wondering if it’s safe to take a roadtrip through the essex coastal scenic byway. Really need to get out of the house. Any thoughts/inputs highly appreciated!

like

FYI If your name doesn’t match exactly you can’t combine.

And when I called SPG they said the account maintenance wasn’t ready so to call back

I am applying to Microsoft Azure division for senior Sde role (8.5 yrs experience)
What will be expected CTC and how fast will be process?

like

How many of you do some bicep curls before going out on a date?

What is the usual procedure companies do follow while giving offer letter to a potential employee with a notice period? How the date of joining and all will be decided ?

like

Hello All,

I am a SAP developer with around 10+ yrs of exp. I want to move into product management, can anyone here guide me how to make that shift , what all skills I need to learn , do I need to have some certification from any B school ?

like

Additional Posts in Compensation in Consulting

Received an offer for $120k from AFS for a level 8 position in Hawaii with 5 yoe. Is this a fair offer?

like

What is the biggest % increase in offer you received from negotiating a new job offer? (i.e. % over original offer)
Any negotiating tips/advice?

like

Deloitte experienced hires: What signing bonus were you able to negotiate?

like

How have you negotiated an hourly fee for your services?

like

DC - AFS, Senior Analyst making 88K salary with a 2K sign on bonus I had to negotiate is this a good deal?

like

Expected salary offer for a C role with 5 YOE (consulting) at Deloitte S&A (ccg)?

like

For >20 YOE, multiple companies founded, highly technical, patents, academic papers, former F10 Director… even in a T3 city, $240k TC in consulting seems low, right? Not complaining at all just not sure what direction to go for higher comp.

like

I am being offered 145k as base for M-L3 at EY FSO. I have 13 years of experience. Can someone please advise what is the range for M levels in EY FSO? Thank you.

like

What are the best industries for talented strategy/business developers? Looking for industry exit opportunities from retail banking as I find the entire industry too boring.

like

What is the Deloitte MSP Team? Is it consulting?

like

When talking about salary, do you usually say your base or TC?

Accenture talent and org offer. Manager hire at $175k base and $25k signing. Good?

like

Which online survey site has the best payouts? Thanks!

like

Hello!
Would anyone from the tech or design industry be able to give some advice in understanding if the compensation I would be getting seems less or at a good level as I am starting to a job in a new city. Here are the details:

Location: London
Offering - £65K
Role: Senior Product Designer
Organization: mid-sized in software development
My YOE: 2.5 years after bachelors then 2 years Masters in London

I would really appreciate your views! Thank you :)

Average base salary + bonus for a 1st year manager in Deloitte Analytics and Information Management in NYC? Also what is the difference compared to Advanced Analytics Enablement?

like

What’s the salary range for a manager in the Pharmacy R&D practice at Accenture based out of Chicago?

like

Anyone know the salary for a vp at Marcus?

like

What salary should a second year analyst make at ZS in Washington DC?

like

When is bonus payout for Deloitte?

like

Please help me understand personal financial upside from an IPO - - I’m interviewing for a director level role at a company pursuing an ipo within the next year and tons of momentum. What would you expect a director to make from an IPO having been hired a year before?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal