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Rising Star
Hi All, I have 3.5 yrs of experience in Product Management and I'm interviewing at JP Morgan chase for Senior Product Manager role and Product Manager role, for Seattle Location. What kind of salary range should I give for each role when the recruiter pops up this question? JPMorgan Chase
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Hi all,
I'm serving Notice period and last date shall be 13th May 2022. Can someone help me understand if the bands and compensation isn't release by that date, will that be adjusted in full and final settlement?? If so, what about the components, which all shall be credited in that FFS?
Thanks in advance.
Tata Consultancy
Chief
Frustrated by paying so much tax!
Coach
What’re UX designers making at big tech?
CGI stock is at it's all time high. Join the dream team. My friend is referring for remote openings at CGI
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Visual Storyteller
That’ll fix it!
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anyone here do UX Design or Customer Success?
Technology consulting scatterplots....Go!
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Chief
Deloitte had an MBA program for those that started as analysts out of undergrad and get approved based on performance and eligible programs.
Deloitte would then pay back your MBA cost over 3 years but some people still opt to go into I-banking, tech, or MBB. If the Big4 don’t pay competitively then they’ll struggle to attract and retain talent.
While hourly rate is lower, given higher utilization targets a staffing, a returning senior consultant can generate a lot of revenue over more total billable hours.
McK doesn’t have utilization up until AP; it’s tracked by staffing teams but has 0 impact on consultants
Rising Star
Salaries are the same but bonuses diverge immediately and significantly.
Pay gap begins at manager level post MBA
This.
Rising Star
S& keeps pace up to Director.
Source: am one
How much 👀
Eh big 4 makes most revenue but has a lot more employees so I can see how they pay market competitive rates for more in demand roles
Thought it was the opposite? Pay gap begins to widen post mba at mbb and t2 no?
True, but at MBA campus hire they offer 160-165k base (before the most recent round of raise) to stay competitive with others. Gap certainly widens after that.
I am referring to big four consulting pay, so not S&, Monitor/S&O or EYP. Pure big four
Rising Star
What's S&O? We had that like 6 years ago but it's not a thing anymore....
progression
Big4 has some groups which hire and pay comparable rates for similar target mba talent and those same groups perform similar work to MBB and T2
Rising Star
Not sure where you have that info from but B4 doesn‘t pay comparable to MBB/T2 post MBA. Our EY folks get 25-50% less than EYP depending on the team
Monitor D is a tier 2 outside of states. Same as S& Kearney RB and LEK (Parthenon pays the same as EY in my country so I don’t it’s it here)
Big 4 has pull through revenue with clients from all of their other service lines. Cross selling is a big component of the strategy.
Pay is very different right away on total comp.
Chief
If you want to compete for talent theres a going rate.
Deloitte is 90% utilization up through M, if memory serves.
Rising Star
85% is standard for SC (used to be 80-85)
The Big 4 sell widely diverse services, and those services are not all priced identically. Bill rates for an IT internal audit are going to be substantially when the bill rates for building out a greenfield digital strategy; different bill rates = different compensation based on service line/specialty.
Chief
And my MBA pay at senior associate doesn’t move up much when I’m promoted to manager. For instance, currently I will only make about 7k more per year in base salary after my manager promotion for a tier 3 city. MBB is going to get a much bigger bump & bonus for that scenario.