Have always been wondering.. as an MD/SM how much do you have to invest to promote a junior member that you see is actually doing good?
How much does a “slot” cost?
Let’s say: If there is someone ready for a promotion, how much would it cost to provide him/her with a double promo (wasting one extra slot)?

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I feel like double promo is probably not a thing at most firms: typically they want to see you perform at your grade for a while, unless the firm has so many levels that the upgrade in responsibilities is negligible from one to the next (rare in consulting I’d say).

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