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That is slightly higher than senior analyst pay in medium or low cost of living areas.
Thought most post MBA roles started out around 170k and the bonus is the big delta.
Consulting / IB starts out around 170k base for most firms
IB is 150 base out of mba
150k base is not low. Perfectly normal. Consulting youre looking at 160-170 base post MBA, but corp strategy generally pays less than client facing consulting. What is bonus/retirement/stock plan like?
This is the most intelligent response here
Rising Star
Former ibmer here, who was part of a corp strat team in nyc. OP- happy to give you details on that offer via DM.
25-50k sign on bonus is doable at ibm, but you need to stay 1-2 year else you owe it back. Do NOT believe their annual bonus target. Its AT BEST 5% for top performers below band 10.
Base is a bit low. Note ibm underpays but I’d still think 160 is reasonable.
Their health plan is THE WORST I have ever seen. As in I had a better health plan working the drive thru at mcdonalds in high school.
Expect to be laid off within 5 years. Overall ibm is not a great place to work: I’d need over 350k guaranteed upfront to even consider a move back
Rising Star
One last piece- clarify if “NYC” if its truly nyc or armonk / white plains. Ibm’s largest corp start presence is near their HQ. Good news is cost of living is significantly less.
Honestly that sounds a bit low... how many YOE?
I'm in a LCOL area no MBA, 3.5yoe and 110k.
I feel like with an MBA and in a tier 1 city you could get closer to 170-180 base
7 years is probably Senior manager.
I’m the same age/education in corporate strategy OP and get $150k base + bonus at a F500. Not in SF or NYC though. Hope that helps
Thanks
With who?
IBM
Yikes
I think that’s totally normal and probably right in line with market
How many YOE? Age too out of curiosity
7 years pre MBA and 30 years
What level you joining at?
I am assuming your title will be at least a senior consultant (band 7)? Are you joining straight out of b school in which case you won’t have much negotiating power .. but if it is a lateral move you might want to ask for more . I used to work for IBM , you’ll learn a lot . Everything in their business is now cloud cloud cloud so I’d use that as springboard to enter amazon, ms, google cloud , salesforce space in a few.. good luck !
$150k base is in line with corporate jobs post MBA. It’s actually probably towards the high end. I can’t picture a corp strategy role paying a higher base than post MBA IB... doesn’t your school have an employment report you can check against