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yes - reasonable! I received 120K as an SA for about 2 YOE…I said I wanted 115 & they upped it to 120 + 10K sign on
Nice! Which practice?
120k is perfectly reasonable at KPMG for an SA. Depending on Network the range extends above that quite a ways.
Pro
Technology Risk.
Can you shed a light which senior makes 120 with two YOE , esp because one is still learning 2 years out of college (unless it's a post MBA job)..
At 2 YOE, what kind of skills do you have where you can justify $120k?
2.5 years of software implementations with multi $M/B clients, know different coding languages, have a PMP cert., etc.
110 isn’t low at all for 2 yoe. Avg salary for 2 yoe is like 90 lol
$72? Damn… that’s sad
Ef no. It’s setting you up for failure later on
“don’t be at the top of the band when the recession hits”
Do you all realize that the Partner/MD can bill you at whatever level they want to, and even if it’s the same as fellow SAs, oh darn they’ll make 28% margin on me vs 30% on my peers.
They still are making a ton of money when I’m fully utilized. We’re talking a difference of about 5-20k over a span of 12 months compared to peers.
In which city?
NYC
Definitely avoid being at the top end of a pay band when going to another job. They will work you like crazy to make sure they get their $ worth..
Thats the key: knowing how to set boundaries. Some people don’t know how and end up being miserable in the new role trying to meet/exceed expectations
I just got offered 135 and 15 bonus for 3yoe
150 non DAS Senior is extremely high. Your being paid well at kpmg.
It’s high for some practices low for others. Not enough information
These ppl are tripping. $120k is total normal for KPMG. SAs were making that when I joined in 2018 lol
With 2 years of exp. No way. 24 years old making 120 is not normal at kpmg in 2018. Wtf are you talking about
115 - 120 should be doable if you’re coming from another big 4 and you’re in a HCOL city
What service line are you looking into? I’m in Advisory, (technology, non strategy and no mba) and came into KPMG at 135k base at almost 3 YOE. I’m at 142k now after mid-year.
How almost is almost? I’m at 2.75 years and not sure if it will make a difference when negotiating for that higher pay band.
OP this is nonsense, 120 is definitely reasonable, what group? Ask for 125, settle at 120. Plenty of Srs with 3-4 YOE are getting 135-145! So you can definitely get 125 with 2.
Ask
It seems that everyone who hasn’t left their first consulting job doesn’t seem to understand what the market is paying right now. I’ve seen people with 1.5 yoe brought in as SA1s at EY. SAs in HCOL cities who come in as experienced hires are making 120k+ right now. You’re very likely to be underpaid right now if you haven’t switched firms.
I was offered $115k from KPMG without even negotiating and only 2 YOE, could probably push it to $120k
Rule of thumb from them they’ll usually increase ten grand on base
Rising Star
Depends on so much, there are seniors making like 80k and some making 160k+
What practice and which city
That’s really good for 120k for 2 yoe. You might be having really good niche skills. Currently for 6+ it’s the range
Chief
I think that’s ok but you’ll need to sell urself hard to get that. I’m at 145k at 3YOE
That’s wildly high for 3 yoe
Seems like 120k is unreasonable for senior associate at KPMG in NYC? Offers for Deloitte is 120k and ACN for 125k but I’ll probs just stay at my current firm since comp is the same. I thought people made significantly more jumping to competitor but I guess not 🥺
Consultant role in the capital markets space