Germany: What salary can you expect when exciting from MBB/T2 at Manager Level? Is it possible to at least get similar pay (>€130k) in industry?

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Hi, I know through people who have had worked at T2 - for instance. It should be possible to get 130k for a manager level in Germany/ NL.

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110-140 base salary are some ranges for Strategy Manager i heard (medium size companies) based on Headhunter conversations. Potentially higher with >5yoe.

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Yes probably less. my best guess from friends in industry is maybe 10%-20% but this should also depend on negotiation and potential targets in your contract. As you’re gonna be outside of the „Tarif“ at that level there might be some leeway - but this will be company / industry specific

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Salaries are extremely low in Germany compared to COL. I think you'd be hard pressed, but perhaps if you have many YOE and specialized experience in a niche field.

Unlikely, 100k in industry would be max

This would be my guess. maybe up to 120k potentially

Not possible unless you are fluent in German. They say they are not biased but if you can read or write german, boom your salary range is suddenly increased by 30-40k. English speakers are treated as freshers in country and can hardly go beyond 85k. Ask them 140k, you will definitely get looks like you have asked them for their kidneys.
Being a very good at leading small teams with frontend knowledge I was able to crack an offer of 115k in Germany at 8.7 years of development experience. But for that I had said no to 94 recruiters who said 60-80k is max salary here.

For what it’s worth: I’m German, currently making €120-130k base as manager. Consulting salaries are very transparent, but industry salaries are a big black box. I just cannot imagine that all those MBB/T2 folks accept a 20-50% pay cut when exiting to industry.

Two offer I received from Germany would confirm it is possible - do not speak a word of German. Details below

Context: bcg; seniority: project leader 2

Offer 1 - industrials - 140k base + 30% bonus
Offer 2 — pharma - 135k base - 20% bonus

helpful

I guess that’s posiqble if you create your own business.
Btw, it seems that it’s 80/20 times the most lucrative way to achieve income superior to 400k.
I am not sure of this threshold though.
I guess above 400k-500k you have no other choice for private sector’s endeavors.

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