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Should I get an mba if I have a Maac already?
I joined Tiger Analytics with CTC of 9lpa. When I check in greythr IT statement, it shows 7.14lpa.
In the CTC payslip, it shows 75k per month as my salary. But this month I got 61k.
I understand they deduct tax, but I feel it is too much. IDK where I'm losing the money. Can someone tell if this is normal. I'm a fresher so, IDK much about it.
Also, what can I do to pay less taxes? Any help on that?
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The hangover is real today.
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Canadians - Position/Years of Experience/Salary?
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3 years in B4 gets me to 120K base.
6 year YOE now, 3 years in BCG, 220 K base.
Hope this helps.
BCG1 - did you need an MBA to move from Big4 to BCG? I’m hoping to make a similar move (without MBA)
I get a sense that many people in here are disregarding the "base" part of the OP's ask, is a $250k base truly this common? We are talking Enterprise Sales OTE here, as a base salary. Fantastic if that's the case, but I've worked at several Fortune 50 companies at the Enterprise level, and a $250k base is not at all common, unless you are upper level management.
I’m sure some are but in consulting most of your comp is base until you become either a tenured Senior Manager that’s killing it on the sales cycles or a partner, so comp would likely be 250 base, 30-80 bonus as a first year senior manager. You can get to these roles in about 8 years if you’re good at what you do and stay at the same firm the whole time, even faster if you jump firms for a promotion here and there and are really well liked.
Honestly, I will probably never make that.
Depute 7 - what’s the other offerings you’re referencing for us to compare against?
I’m at 5 YOE with 180k base and 12% bonus in LCOL. I’m over 200k TC. After this years raises should be closer to 215k TC. I have imposter syndrome and take everyday a blessing I still have this job.
EY
Mentor
15 yrs
Mentor
Actually thought you meant TC. Still haven’t reached 250k base
Things changed quiet a bit in last two years and some have seen hikes that never existed before. I am sure lot of people would have taken a longer time to get there before compared to new gen like 15+ years. But money had more value compared to what it has now ..
Coach
Comp for folks with ~1-5 YOE seems to have gone up like 30% in consulting since 2020. Wild times.
9. Hit it as SM at D, post MBA.
Not there. 30+ years. And I am fine if I never make it there.
24 years out of college and I did it this year.
18
You did better than me EY1! Took me 19 to break 220. Good for you!
Took me 22 years but most were industry, not consulting.
Probably never: At $215K base after 30 YOE
30 YOE including over 10 years as a manager at a Fortune 500 company (but isn't a hot tech company, so I got paid a non-tech market salary and got no options or RSUs) and a couple of years as a consultant for Slalom. I just started a new remote job at a hot tech company as a business systems analyst for $215k + $185 RSUs over 4 years. Talking to many people I know in my niche and checking out many websites with salary info for my niche, my guess is that I am paid in the top 1% or so for the type of work I do. So I am happy. I know that there are a number of things I could do to increase my total comp: be willing to work for a company that requires time in the office or requires travel, go back into management, get better as a developer so that I could get a job as a developer, but at this time, and possibly for the rest of my career, I have no interest in doing those. What I'm really proud of is being with my wife for over 30 years, and doing what I'm doing now professionally helps keep that going.
Answer: it depends on location, BU prospects, Cost center or Profit center... some hit it at 2 YOE some hit it at 10 YOE... some will never hit it..
Question: Is that the general goal now? Or should we aim for higher ambitions beside money?
The focus should be on becoming a national SME in the field you like and someone will offer you Millions of $ for your guidance ...
Money comes & goes.. Time only goes, so spend it wisely 🖐🏼 🎤
After a couple of years in a tech job, I switched to consulting and moved to 250k base after 2 years.
Lies at a level, this app cannot comprehend 🤣🤣🤣
4 years. Worked public accounting now just got a offer for a investment bank
Your silence is DEAFENING
11 years no mba
8 yrs no mba. Coasted for 6 out of the 8. Grinded for 2 yrs.
6
Work or direct worked in sales 15 years hit 150. Tech 1 year at 288 2 years 305
so I’m what I’m hearing is “never” in response to the prompt.
Takes a while in finance to get over 250k base... bonuses slap tho
Willing to refer? 👀