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Consulting

If the big4 has an up or out model, do a lot of senior managers get laid off? Not everyone can be a partner/principle. How long can someone be a partner/principle for?

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Posting as :
works at

Do you mean principal?

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People get counseled out at every level, even partner.

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Partners/principals have to retire at age 60, I think. And yes, senior managers are laid off if they don't get promoted to PPD after a certain number of years. The number of years depends on the career model that you are in.

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If SMs don't make it here, sometimes they'll switch them over to the specialist track, which has more lenient timelines. especially if they are critical to an account

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What exactly is the specialist track at the big4? I didn't realized we had one.

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Yes, pwc1

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Is there a difference between counseled out and laid off?

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Laid off implies overall business performance doesn't support our headcount. Counseled out is closer to being fired.

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Dinosaur SM's not in the promotion track are a big issue for us.

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