I think being in US dominated chats makes it difficult for us to gage consultant compensation outside of US. I know the TC amounts to a lot less compared to US due to job market & better state welfare, but if you are MBB~Big 4 consultant in London, is it possible to have an upper-middle class life (let’s say ~3 kids, spouse doing ~50k job, detached house in Home Counties, HMC private schools, nice holiday once every few years, Rover and a mini)?

like
Posting as :
works at
You are currently posting as works at

UK salaries are just brutal. Is banking any better?

like

Class in this country is weird and seems to have little correlation with income.

Upper class is the former aristocracy regardless of how much they earn.

Upper middle will never become upper because they don't have a network of family estates, even if they pull in £1m a year.

like

I’d say if you’re a director (130k + bonus) that life is achievable. So yes, it should be.

like

It's priorities mate. Last year TC (less pension) was ~£140K. 40% of what's left post-tax goes on school fees. House is modest, cars are modest, holidays are modest - school is one of the best in the country. It can be done - you just can't have it all.

If you make partner, definitely on 500k+

like

That kind of lifestyle is achievable if you've been gifted £500k-1m to buy the house. 60k a year will go on school fees and other childcare expenses.

The rest of the requirements seem modest.

like

130k + 50k is not enough. School fees are now 25k for a top day school. If you have more than one child private school for both is unachievable without really serious sacrifices being made.

Related Posts

Question about PTO - my contract says 25 days but is this inclusive of any office shutdown over Christmas/New years (if there is one?). In Sydney office if that provides some context. Thanks!

like

Google tse ( tech support + consultant)


Walmart data engineer




Target data engineer



Walmart Target Google Amazon

Which one do you all suggest?
Salary same for all

like

I just recently got an offer for a regional HR director role in professional services with 100+ reports making 260k + bonus in the NYC metro area. Any thoughts on that package?

like

USI Insurance brokerage and consulting - thoughts? A recruiter reached out to me via linked in and I was wondering if anyone had any opinions on this company. They seem to have decent reviews on Glassdoor but I was hoping to get more insight into workload and comp. Thanks in advance! USI

like

Infosys Consulting Hi, I will be joining Infosys Consulting from campus (MBA). Before my MBA, I have prior work experience, but I don't have my last three-month salary slip. Will it be a problem during onboarding? I have my relieving letter, though Infosys

What salary can be expected for Business Analyst role in Wipro, 5.6 YOE, Current CTC 5.5 LPA.
Any current business analysts here?
Any inputs will be valuable. 😊🙏

like

Hi all,
I got promoted on 1st September and I resigned on 5th September in Accenture. My Workday profile has been updated but Allsec still not updated. Will I get my updated salary or the old one?

Hello Guys, I've recently got an offer from Nokia for Senior business analyst role and CTC is 25.5 lpa (22.5 FP+ 3 vo). I've got 9 yoe as a BA. Do you feel it's a good offer?

like

For small firms - What was your billable rate in 2015 and what is it today in 2022. Please provide your practice area too, if possible!

like
like

what is the salary range for C4 band in Mindtree?

How much are guys making as Project/Emgagement controllers working for big4? (Manager level)

like

How much hike should I expect considering that I joined in june starting in ccb on applied ai/ml role?

like

How much does it cost to buy into Big 4 as a partner?

likehelpful

What is the pay range offered at Infosys Consulting for Business Consultant designation? Is this profile offered to only MBA grads?

What should be asked as the expected salary for ReactJS developer with 3.2 Years of experience as per market standard in India?
Note : If your current salary is 7.25 LPA Fixed and 8.8 LPA with variable?

like

Thinking to apply to MBB and Looking for a casing partner. DM me please.

like

Would you take an offer for $10k more with a title bump and less benefits? Was approached by BDO, and it looks like I won’t be going up for promo until year end in August at D.

like

What is the position PL08 in Siemens Technology equivalent to in generic terms? (Manager, Senior Manager, something else)

Any indication on the normal experience band for PL08.

Siemens Technology
Siemens Mobility

like

More Posts

My dog has decided to stop walking on walks. He will want to just turn around, lay on the ground, sniff aggressively and forgets the word heel or let’s go. I feel bad dragging him!

like

I know NYC is a huge beast for real estate and it's a bit scary but nothing compares to the thrill of closing a deal in a multi-million dollar home. Happy homeowners, happy commissioned realtor!

like

Hi all,

I have been given IC3 designation Senior Quality assurance engineer at 10 years of experience. Is it good to join oracle at this designation given my current role was Team lead in service based company?

like

Looking for a nice looking, sturdy, comfortable to carry travel duffel with a cross body strap. I always travel with my Louis Vuitton Keepall 55 bandoulière as a carry on, with mainly my shoes and handbags in it - but i took her in to LV for a repair and due to supply issues she will sadly not be back in time for my trip to Italy in September. (The repair may take 10 months, WTF!) I would appreciate any recommendations, and would love for it to be similar in size to the Keepall 55.

like

I am a machine learning developer with 4 years experience. I have 2 offers with almost same package, one PepsiCo and other Genpact. Which offer is better in terms of growth-learning and work-life balance ?

What’s the average salary for a Sr. Project Manager that is a contractor? I received an offer for $140k. I don’t think the compensation is aligned for the scope of work.

Pls suggest and refer me for this openings in genpact

Post Photo

Is LV monogram tacky? Checking out the vintage Saint Cloud GM. Also has anyone had this bag?

Post Photo
like
like

To young consultants with no families - why do you stay in Canada when you can make way more money in the US?

like

Looking for in-house remote opportunities, 3rd year atty.I know recruiters focus on firms, but please reach out if you have an in house client.

like

Are any agencies celebrating LNY?

I am planning on spending 2 weeks in a country with no travel restrictions (Dominican Republic) and then fly to the US. Would I be able to enter the US with an H1-B visa without any issues?

like

Deloitte, EY, PWC, KPMG - which pays better for Tax technology consulting- in particular dealing with ERP and tax software implementations? Appreciate your experinces👍

likehelpful

Hi All,

Recently got the opportunity to "grow our ESG/CSR" practice at a small regional consulting firm, due to my recent grad certification in sustainable strategy. Wondering where I should focus us as a services industry for big impact - we have a large product innovation, engineering area, and know in the past we've had a lot of lip service to clients and only recorded ESG for their compliance.

Hoping to make a big difference and include CSR/Sust audits for our client projects! Any tips?

Do we get an intimation after BGV is completed?

like

How lucrative is Logistics in the government?

likefunny

Anyone have trouble getting in contact with Deloitte’s immigration team? They never seem to respond over email. Is there another way to reach them?

like

Can anyone recommend good investment options in Bank of America HSA account? I feel their funds are very limited compared to what I have seen from 401k and IRA. Anyone recommends your HSA account?

Additional Posts in Londoners in Consulting

Hiya!

I'm looking at applying to MBB (Preferably BCG) for a summer internship this summer. I'm a first-gen Oxbridge student, and while I have little experience in consulting along the lines of MBB, I did work in the city last summer as an sustainability consultant.

I'm curious how important it is to have a referral etc and what you'd recommend for applications opening in jan. Any advice is super appreciated I don't have any connections to the industry but it's something im interested in. 

like

How much time EY takes to roll out the offer contract? The offer was shared in a formal discussion however contract is still pending.
Ps: More than a week since the discussion

like

Anyone know anything about Marsh Strategic Risk Consulting?

likehelpful

Coming into consulting from industry at Manager level. Would you be able to provide tips/advice?

I will be reaching out to an SM before I start to get a bit more of a lay of the land. Do I bring my own slide templates? 🤔

like

Not work related - but can anyone suggest a good 3 night itinerary to check out Cornwall? Thank you ☺️

like

Wealth and asset management transformation at KPMG, anyone?

like

Hi all, could anyone please share the salary bands for Big4 managers in Finance Consulting (or Finance Transformation) in London?

I’m about to try and negotiate an increase and having some reference points from competitors would really help, thanks 🙏🏻

like

Would you ever accept a ground-floor bedroom facing the street (but set back from the pavement) in London? Residential, upscale zone 2 neighbourhood (think Victoria Park Village, East Dulwich, Fulham), but like everywhere in London, there are some rougher bits nearby. I sleep with the window open for fresh air, so I’m concerned about burglary and assault (I’m a woman). There’s the option of using an internal bedroom instead, but it’s not nearly as nice as the street-facing one.

like

Accenture fishes, could anyone help me a with referral please? looking for a role as a technical consultant.

Any fish from LEK London willing to refer? Currently interviewing with other top consulting firms in London and keen to pursue LEK
YOE: 6
Appreciate the help!

like

I have been offered positions (experienced hire in general consulting) with Oliver Wyman and Kearney in London. Anyone have any insights in terms of bonuses, training, WLB, career progression etc...when comparing the two? Thank you.

like

Is a referral better from:

- lower position but 2+ years at the company
- higher position but <1 year at company

like

Any tips for getting flights to India refunded or rescheduled?

like

Does anyone have any experience of the Google recruitment process, particularly Strategy and Ops? Any advice on what to do/ what not to do would be much appreciated.

like

What level would you expect to command £100k base in strategy in a tier 2 (not KPMG - looking to move)?

like

Deloitte people today

Post Photo
likefunny

Hey fishes. Wanted to know your thoughts on adding recruiters on LinkedIn and messaging them for advice? E.g. is it cool for me to message an OW recruiter to help me out with my application?

like

Typical salary for strategy associate with 1YOE in London?

like

How much does consulting companies pay for employee referral in London?

Is it difficult to move from KPMG strategy to MBB? Have ACA but not MBA. Would want to move at manager level.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal