Got an offer from a D2C startup (acquired by a larger retail company):
-130K base
-10% target bonus
-no equity

I’m a Consultant (post-MBA role, promoted from Associate) at BCG with 2.5 years of WE, so making 220K+ all in currently. Realize it’ll be difficult for me to match BCG comp, but is this place lowballing me or is the comp package reasonable given my work experience?

Thanks all!

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

You can do better

like

My god don’t take this. I have a little over 3 in the same spot as you, so granted slightly more work experience, but I’m easily getting quoted in the $200K range for all in comp. Granted this is a lot of equity, but all of those calls are at a minimum $130K in cash. Horrible offer don’t take it.

like

And those $200K numbers are for a lot of roles that are remote. So not even SF or NY based.

like

It’s reasonable given your work experience and the industry. Retail is not high paying.

I would consider growth opps though, typically in that situation you describe (D2C acquired) the company is not doing well. Situation specific though so do your due diligence.

like

Def low ball

like

Extremely low, might be worth it if your WLB is insanely good (15-20 hours)

like

You can do way better. I have seen C exits for 2.5x this amount

like

This post must be a joke. Are you asking if 35% pay cut sounds reasonable? What benefit are you potentially getting in exchange for the pay cut?

like

First time realizing BCG sponsor at PL lever. McKinsey sponsor once you are two years in

Big lowball you can do better

like

What is WE? I want to make 220. Lol

work experience! Sorry for the acronym haha

Retail pays low.

Thanks all, this is super helpful. I really like the product / company strategy, plus the team I’d be working with seems like a good fit. Not a 9/5, but hours also don’t feel as bad as BCG, so definitely some improvement in WLB too. But the comp felt low to me, so I’m glad to hear others feel similarly.

I’m going to try pushing to increase the base to 160+ (I get the sense they won’t budge on equity because of some hurdles with the parent company). Any tips for how to handle this conversation? New to it all, so would appreciate any and all advice :)

I think the latest data suggests something like 70% of leavers match or beat comp

lowballing

Related Posts

What should be the industry standard salary for sde from tier 1 college , and 3.5 yrs of experience in backend in any startup ?

Hi fishes,

Got offer in Barclays 10.5 currently in Tcs as unix system administrator application support. Please suggest is Barclays good to move. 3.3 yoe

like

What should be the max salary I can ask for a Senior Manager role in PwC? YoE is 15 years. Location is Tampa. What is realistic bonus % they really pay? TIA!

like

Looking for resume review to break into Product Management. I'm not a PM at my current company but trying to do some work that may pass for PM.
Having a tough time getting calls given my limited industry experience.

Be brutal.

Thanks in advance!

TC : 115k

Post Photo
like

Established buyer backed by a solid firm seeking $1m+ in fee and commission generating revenue from sole practices and teams (based on T-12 production and AUM) to integrate into our system across the U.S. Upfront payouts followed by asset bonuses based on timely asset transfers. Serious inquiries from Principals only.

like

What’s it like at Camp J these days?

like

My firm was recently acquired and compensation is unchanged. For context, I’m at the engagement manager level with the organization that was acquired, and with the NewCo, the coverage and responsibility is likely increasing. In this future state I’d effectively be managing more engagements.

Can anyone offer Do’s/Don’ts for approaching and navigating comp renegotiations? (Note: The individual I report up to hasn’t changed)

like

In NIQ - Performance AIP(Variable pay) is for every year or just year where you got offer ?

If it's for every year, On which factor AIP amount will change every year and how much %

When do you find out if you are being promoted to manager at K?

like

Is it good to join in hitachi for java 6 years senior product engineer?

like

Hi guys,
Can anyone tell me how is the WLB in Citi these days ?
Is dress code formals Mon -Thursday and casuals on Friday ?
Are they very strict with mandatory 3 days a week WFO ?

Please help on these asap.

Hey Fishbowl peeps!
Does anyone know of a US based company hiring freelancers based out in Canada (Montreal to be specific) please?
Thanks guys!

like

any openings for associate (technology) in pwc..??

like

Can some confirm me what is the take home salary after all the deductions? Company HCL

Post Photo
like

Compensation throughout all retail sales is less than adequate. You can make just as much working at McDonald's without nearly the amount of stress from Sales goals and other standards you need to meet.

like

Anyone have experience working in-house for GrubHub? What was it like?

like
like

What’s the average salary range for a GAS?

like

In offer letter, nothing is being mentioned about being on permanent role...how to make it sure

More Posts

Welcoming anyone from Project Delivery or who would like to learn more about the PDM track. Spread the word.

like

Any had any luck with getting off cycle raises? I requested an increase outside of performance review. From a HR standpoint, do you know why this very hard to get?

like

Four words - Invest. In. Amazon. Stock.

110% Return on investment ( 1 year) and still projected to keep growing...

Laughable that banks and traditional 401k give you less than 5

likesmartfunny

Does anyone have experience creating a NY LLC? Is it better to create one in Delaware if I’m NY based? Do you have to file anything annually? What if the LLC had no income?

like

Any media buyers out there seeking order confirmation inventory at retail? I have a few new opportunities coming available in May/June.

like

Recently got an offer for 80k at Morgan Stanley as a customer service associate. Can anyone provide some insight on where this offer lands (high low) in the entry level/csa marketplace? Located in a major city

like

For those who work in Healthcare IT, has your team considered moving to Cloud services? It makes me nervous because of hacking, etc.

like

CERTIFIED AGILE MANAGER (CAM) Batch completed in Chennai on 17th July

Post Photo
like

Accounts vs Creatives. Which discipline is better (people, salary, ext) ?

funnylike

Going to join NTT Data in December. I have few questions, pls help:
- if I join in Dec, will I be eligible for the variable and increment (if any) for the current cycle in June/July?
- What is the general variable payout %. Last year was exceptional, want ro know the general trend.
- In offer letter it shows "children education allowance". Does this mean the school fees become tax-free if bills are submitted?

like

For referal in Amazon, DM your profile

like

Any interest in a life science-focused pulse on comp across firms a la litquidity’s for investment banking?

like

Last week I had an interview with Infosys, it didn't go well as per my expectations but i was able to answer most of the questions asked by the panel and they said I will get the feedback from HR team but it's been more than one week and I didn't get any update on this. Yesterday I also wrote an email to the HR who scheduled the interview but still no update.

Should I consider that I am not being selected?

like

Recently got my CPA license in August & considering leaving public accounting for Industry. Should I expect my new role to pay for my CPA license renewals/AICPA membership/CPE classes? These things add up &I feel like should be considered when transitioning. Thoughts?

like

How do we get others to join Fishbowl? There are currently only 15 of us from the company and we have about 2000 employees now.

like

I am having 12.5 lpa CTC with 7.7 YoE. How much can Delta Airlines offer?

like

Hey does anyone know how to best prep for the Accenture Industry X Anaylsty

Showcase
Scenario
and Strenght Based Interviews.

Thank you

like

Any good Chinese food around/near Arlington? I’m looking for stuff like lo mein, Singapore rice noodles, etc. not sketchy hole in the wall, but decent hole in the wall

like

Interviews with a private credit / direct lending / distressed real estate group have been going on for 6 weeks and now I’m waiting for the the final decision. They said that they’ll review the case studies and make a decision soon but does anyone know how soon :((( I’m so tired and exhausted and I really want the job so much. Technical was last week and last interview was yesterday. It’s a reputable American company - how likely is it that they’ll make a decision in 2 days?

like

I’m an international student and would be graduating next summer. I’m looking for a job in UX or Product design. How early should I start applying for job?

Additional Posts in Consulting Exit Opportunities

Anyone witness slackers who got into companies you have no idea how? Had a coworker who does jack chit at work besides chatting on Facebook yet lands at a faang company? I guess if he brings the same work ethic he will be spit out for sure. Or maybe he just had no interest in doing project work.

like

Has anyone moved from consulting to investor relations? Are you happy with the decision? I have a chance to join a RE Fund in NY for IR, and it is very appealing to me, but I have heard mixed reviews about IR.

like

How long does it normally take after recruiter screen to move to first round at Google? Seems weird that it’s been a week and no word ? Does that mean a ding? Felt it went well , was fairly simple. 🙄

like

Anyone know anything about Houlihan Lokey CVAS?

like

Any thoughts on the eLearning space?

like

How bad is it to reneg a FAANG offer? Do they blacklist?

like

I’m at a late-stage startup right now and helping optimize their recruiting process. I’d love to hear your raw thoughts - what did you like/dislike at Series C-E startups where you’ve interviewed? Do you expect a live case / take-home case? What’s reasonable? Anything else?

like

Any insights on Ares Management NYC office? Looking at private equity role there, wondering about firm culture, what differences to expect coming from a consulting firm, etc

like

What’s a reasonable comp to expect for a Product Manager role after 4 years of consulting experience? Seeing a lot of PM roles below 150K- worth taking the comp hit for the title?

like

First year (ug level hire) and got email from apple recruiter. Would love to exit to FAANG but not sure I'm ready to leave BCG in my first year but maybe after 2-4. What is best practice?

like

Anyone in McK product dev / procurement practice willing to chat. Looking to learn more about opportunities i see on linkedin. Tia !

like

If you were planning to leave consulting in 6 months, how would you optimize the rest of your time with the company? What would you make sure to do before you leave?

like

Anyone know of current tourism or travel incentives for Europe this summer?

like

I hear Grant Thornton has been doing more layoffs? We need staff (associates, seniors, managers) in forensics / disputes and investigations in SF if anyone is looking to make a move! Message me

like

If recruiter tells you that you barely passed but the team is willing to take a chance on you, can you still negotiate?

likefunny

People recruiting at FAANG/big tech right now- do you have a sense of how they’re handling equity/stocks in making offers? Stock prices are WAY through the roof and likely poised for correction... are they taking this into account when making offers on number of RSUs? Risk of joining and losing money

like

When should I ask for feedback from the interview process from the recruiter?

like

I'm currently based in Dallas looking to leave consulting for an internal tech strategy, Product Manager, or Tech Program manager role with 170k base. Has anyone had any luck in finding a well paying job in the DFW area? Any advise, suggestions, or leads on companies / industries?

likefunny

Looking to transition out of Management Consulting and going into big tech in NYC. Ideally, I would love to go in as a PMM; however I’ve heard it’s very difficult to make that jump if you don’t have a degree in engineering or CS (I’m a liberal arts graduate and in the final year of a part-time mba). Should I look to apply as a program manager role since it’s more likely my consulting experience will apply to that and see if I can transition into a PMM role from there?

like

What do I need to include on my LinkedIn for recruiters to reach out to me?

likesmart

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