Hi,

Will someone entering MBB/T1 firm laterally from the industry be compensated similarly/higher/lesser to others within the firm?

Asking as industry roles usually pay less than consulting (similar work exp and education).

Thanks

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Similar. No difference in pay across positions at MBB initially

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They will pull you up to match the fix comp from the grade pay. Have seen it first hand across Big4 and Tier 1

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They’ve a fixed band.
I’m taking a slight paycut as well, they don’t pay more or less:)

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