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Bain & Company What is the likelihood of making SAC in September 2022 if I join as an AC on April 18th at Bain & Company? I am a senior consultant at EY with 3.5 years of experience in Data Analytics. Or is March 2023 more realistic? They told me 6 months for promotion but it seems like the two promotion cycles with my different start dates give me 4 or 9 months of experience, nothing in between. I’ll be joining in the private equity group which will be new for me.
Should your raise be equal to or more inflation?
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Disagree with SA1, you not being promoted might have nothing to do with you and everything to do with office politics. You don't owe these companies anything, so there is no reason you should pass up on salary raises and titles due to some ambigous partner politics.
switch companies
Friends, family and disconnect shortly only to come back stronger.
And you’ll get it eventually. There has to be a good reason for you to not get it which you’ll realize only when you move up the chain.
But I do know, initially it feels like you’ve failed and that’s an awful feeling to have.
But like I said friends and family help you through that
What P1 said
Don't listen to the P's. I've been passed over twice in my life at two different jobs. First take a look in the mirror and see if there's anything you could improve on. You now have the time to do so. Keep working hard and you will get there. Don't always focus on title and pay raise, focus on adding value at the next level. That's what really matters.
Again, what P1 said.
Switch companies. It was the best thing I ever did.
Yeah SA1 is wrong here. You can learn all the same stuff while switching companies, making more, and potentially getting that title bump.
Dumping out to another company automatically is the equivalent of throwing a temper tantrum. Reflect and get feedback as to why you didnt get it. Ask questions until you have a better understanding. If it is in fact political and not you, you can consider leaving or weigh the pros of your company.
I was passed up this year and wanted to leave so badly and realized that there was more spite in that decision than an actual desire to grow, i.e. I would have taken almost anything just for a chance to flip my Partner the bird on the way out (not literally of course). So while I support looking, weigh the options of where you are going while evaluating your chances at a promotion next year at the current place. It's not always so black/ white. More base salary doesn't always cover for lost perks, established network, etc.