Have the Big 4 raised their initial post-MBA salaries to somewhat match the recent MBB offer changes?

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no

likefunny

No it’s a number of reasons

1) We pigeonhole people into an industry from day 1 and the vast majority of MBA students don’t want that
2) No counsel out period
3) Stigma of being associated with an audit firm
4) Stupid firm name
5) Smaller alumni network
6) Reliance on stupid metrics such as utilization, above all else

I could keep going

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No, and they likely won’t for any group outside of S&. Big 4’s management consulting groups do not compete directly with MBB (for talent).

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BCG increased 10% to (I believe) ~$160k

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They never matched it before, why should that start now?

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@D1 BCG is $165k and other 2 have followed suit to a similar amount.

Thanks S1- figured as much and wasn’t being the Big 4 as a whole but more EY Parthenon, S&, and S&O

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Some groups at EY have raised to 170K and 155K

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For S&, they are currently figuring out the compensation levels for July 2019, should know more in the next 2-4 weeks (hopefully for sell weekend).

What is the new mbb post salary?

PwC did increase offer, not just S&.

Accenture Strategy has

EY1 which one is 170? I’ll make sure to apply 👀

What about Atk or lek?

Lol @S1, what difference does it make if we raise to 165

We currently lose to LEK/ATK and we’re already above them

Strategy& is it partly because the salary progression is faster at Lek and Atk?

Strategy here increased to 165 too

Any other confirmations on Accenture increase? My friends there have said they have not increased.

A2, are you sure you're not thinking of the mid-year bump for M1?

S& increased July offers to $150k from $147k prior to the BCG hump. I’m assuming PwC MC did something similar.

Since the BCG increase, McK and Bain have clear intent to increase (if they haven’t already). ATK has increased as well. Not sure about LEK and OW.

S& leadership has announced intent to modify the compensation, but hasn’t announced the number yet. We’re hoping that we will get an answer by Sell Weekend (2 weeks), but, if not, we’ve been told we will hear by end of December. Either way, salaried will not change until July 2019.

Parthenon is already at $170k base with much smaller bonus incentives (essentially equal to high-end of S& total compensation). They will obviously have to do something as well to retain / recruit talent.

Not sure what Deloitte is doing.

ACN Strategy definitely has. I was recruiting at Booth a few weeks ago and was told by the recruiting team about the new packages for the 2019 class

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Greeting from ICS!!!
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Rating: 
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