Hey GSAPers, how does the salary increase each year for top performers upon return to the firm? How much would you be making TC at first year M?

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It really depends on what happens in the market (base salary at top MBAs) and how the firm does (bonus)

I went from 140 in 2018 (first year back) to 156 in 2019 since MBB raised salaries a lot. Then to 159 this year as first year M (would have probably been 163-165 since MBB raised campus hires again to 160)

Bonus is ~10-12% for avg performance, 15-20% for above

Not much of a point in staying post-GSAP if compensation is a priority. Far better offers in tech, life sciences, and a few other spaces. But stay if you enjoy consulting and/or work in a lower margin industry that doesn’t pay better than consulting (e.g., consumer, some industrials)

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Hm I have a slightly dif take on this. There are usually less than 10 departments even at a FAANG company and to get to VP/SVPlevel you are competing with so many bright talent. The VP and SVP I see at FAANG all spent 20+ years in the company. With that kind of time spent, making P at a Consulting firm at least has some sort of guarantee? Love to hear everyone else’s thoughts

Good Q. Seems like first year total comp ll be around $250+ because of the tuition reimbursement but really curious to find out about the 3rd year

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Well, this year may be a bit of an anomaly because of the pandemic but a 1st year M (starting their 3rd year back) is earning ~156k 😬

Even without the pandemic, salary compression has long been a problem at Deloitte and many feel that Deloitte only cares about fairly compensating new hires.

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