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Analyst
Associate
Senior Associate (for some, not all teams)
Manager
Director
Senior Director
Managing Director
Expect 20-40% reduction in comp for a comparable role at big 4. Trade off is we also work a lot less hours. Average among those I know is 45-50, increasing with level.
How much does a consulting analyst make at Huron?
Analyst > associate > manager > director >sr director > managing director. Base is okay but I think bonus is better. Still have to deal with same things like firm initiatives, sales, etc. I also like the culture better, not as toxic as B4
In some practices there’s a Principal title that comes after Senior Director and you either go MD track with greater sales responsibilities or P track with greater delivery responsibilities.
Also, those raise/bonus numbers seem low to me...I’m a high performer in EDU and my raises have consistently been closer to 10-12% with bonuses closer to 20-30%...Huron (or at least EDU) definitely takes a pay for performance approach to merit-based comp whereas my sense is the B4 put less emphasis on bonuses. Base comp is lower than B4 but at this point for me it’s like a 10% difference and Huron is way more than 10% better at giving growth opportunities and providing better culture and WLB (in my experience!)
Thank you! How are the annual raises & bonuses?
Raises are so-so (2-5% non promo years), bonuses are solid. Target % is the average, so at M level, you'd likely get anywhere from 15-25% on a normal year.
I feel like that probably varies quite a bit by practice since project types/durations/team sizes are so different. My group’s projects are generally quite big, so D is probably leading a workstream or serving as a PM (on a smaller project, M would do those roles), SD would likely be the program director (direct counterpart at the client steerco level), MD overall responsibility with counterpart at the project sponsor level. Sales credit can happen at SD but I don’t think there’s a minimum sales expectation until MD (though it would be crucial for that promo). All levels have people management responsibilities and D/SD are expected to lead or be active in internal initiatives
D&SD are equivalent to SM for the most part. The difference at Huron is D don't have too large of sales expectations. SDs are basically MD-lite with lower sales expectations. SD is a relatively new role in some parts of the business and I think it was created to help with the pipeline.
Drawing comparisons between B4 & Huron. What are the expectations of directors vs sr. directors vs MDs.