Is consulting still worth it (in comparison to F500 strategy positions) without a lot of the benefits (flex travel, reimbursements, retreats, team events, etc.) in the near future?

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It never is, you just do it so you can get the good strategy positions

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Given the short average tenure and the fact that so few people make partner, the expected value of a consulting career is actually pretty low. Without any of the perks it’s not worth it

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For McK much of the attrition is voluntary and only a small % are actually counseled to leave. Generally have seen that, if you want to dedicate the time and effort to making partner, the probability is higher than expected

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I think it depends on what consulting firm. I recently left MBB to start corporate strategy in industry. At least for my employer, it seems 1 year at MBB is worth ~2years experience elsewhere. I was hired in after 2 years and am in a more senior position than many other ex-consultants (non-MBB) on my team who have ~4 year exp. There’s a few other ex-MBBs on my team who are in a similar position to me, so, for us, yes it was clearly worth it

*cries in tier 2*

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