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I have received an offer of 5lpa + 1lac night shift allowance from Capgemini for the designation of Associate Consultant. I have a few questions if someone can answer - 1. Am I being paid correctly according to this designation? 2. How are the annual appraisals at the organisation and about how much % of hike does one receive on an average. Capgemini
Ps- I have 2.5 years of exp
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Any Strategy consultants here?
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I just started as a PO myself 6 months ago with no prior knowledge of the role. I make 67.5K base, so you seem to be in an average range from my point of view.
When I started as a PO, I had no PO, IT, or industry experience. I was hired in at 84k. It’s been 2.5 years and I was just promoted to Sr. PO at 118k.
Similar situation OP - HCOL - 140k with ~70k in RSU. Currently PM on niche product
Context: 5 years in consulting in niche industry
70-80
You're not doing too badly for the first year. I'd aim for 80k over the next several years.
Your salary seems fair. So, I’d recommended sticking with your current plan.
It really depends on the company. I had about 8 years of program management experiences but never in the tech space. I started in 2019 at $87k base and I’m now at $96k after a significant increase last year based on a project that I worked on.
I would ask for no less than 80k.
It depends on where you are located, what industry you're in etc etc.
E.g. 65k for a starting level PO in Germany Belgium or the Netherlands seems good... but it might be low for New York or SF.