Is it better to be paid the highest band or salary on the Senior Consultant level or come in as a 1st year Manager when starting at a Big 4? Is there advantages and disadvantages to coming in at each level?

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

If you come in under a new (personal) rank, it gives you wiggle room to learn.

Come in higher and a lot more is expected of you.

like

This

1st year manager. It's a higher pay band. The only real disadvantage of coming in as an M is you'll have higher expectations off the bat, but you won't have to make a promotion case ASAP, which is a huge pro to me

like

Yea but usually the salary bands don’t overlap with the next rank, which is why I am surprised. Well at least that is what I have been led to believe with my career experience and conversations with HR

like

If PwC, there is a major disadvantage because they are on the Cohort model, so a high salary at SA will get a tiny raise to M and you’ll be back to underpaid.

At D/E/K I think M is probably still better but you’re more likely to carry higher pay to future levels.

likehelpful

Having a similar conundrum for an M vs SM role at the same firm

Following as also interested in knowing

Related Posts

What is the average package for a Team Lead in BPO sector? (Mortgage, Accounts payable, Invoice processing etc)

like

Hi Sharks,
I have got offers from Bosch and Harman which one should I choose? I don’t have that much knowledge about Harman International. They both are giving similar CTC.

like

Has anyone here renegotiated their salary after a short time being in a role? I accepted a position and I like what I do but I realize that the workload requires a lot to see success and I feel a bit burned out already with my 40 hours/week and occasional extra 30 minutes to an hour a day.

I am stuck between putting in my time and showing my value and asking for an increase to validate doing so to avoid job hopping after a year or so.

like

Hello guys, I have below offers:

T-system : 27 LPA fixed ( 2 days a week WFO mandatory from DOJ)

Tech Mahindra : 26 LPA ( including 10% variable ) + 1lakh JB ( WFH for now)

Which one is good for better opportunity and WLB.

SAP ABAP on Hana .YOE: 7 yrs

T-Systems ICT India Pvt. Ltd. Tech Mahindra

like

At some Big 4 companies there is a Partner / Principal group that has equity and are part owners of the business and an equivalent Managing Director group that does not have equity and are essentially employees.

How does it work at McKinsey / Bain ? Do those same distinctions exist across partner types, owner vs non owner?

like

How much slary we can expect for application engineer (L4) role at amazon for 3 yrs of experience?

like

Hi Fishes. I have requested the hr to revise my Offer letter since the ctc offered was well below what was discussed . Someone from the Talent Team did confirm they are discussing it . Wanted to know how long do they take to come back ? Since today is the last day of accepting the offer , should I just accept this offer and would they still revise it after accepting it ? Kindly help

like

Hi Fishes,
Need your advice. Got HR call for salary discussion they are ready to offer 8.25 lpa + 1L joining bonus .
Is it good offer or should I reject for 2.5 years of experience?

like

Any insights on bonus and hike? What should be the expectation considering recession and layoffs?

like

So I'm a bit scared want to make the pivotal to tech after my MBA but noticing a huge difference in Consulting salary (165k) and tech (133k). Does RSU help cover the gap?

like

Engagement Director (FINS) at Salesforce…what TC to expect? What are travel expectations?Salesforce

like

What can be the package for a Power BI developer having total 7 years of experience?

like

Hi Fishes,

I've got offer from Dunnhumby, Fractal and Gartner for the role of Data engineer. Which one should I go for?

Tech Stack - Python, PySpark, Azure Data Factory and Synapse analytics.
YOE - 2.2
Gartner - 16LPA
Dunnhumby - 15 fixed + 1.5 Joining bonus+ 10% variable
Fractal - 13.5 LPA

like

What will be my in hand salary??
Can anyone explain what is BOB and how it's works?Larsen & Toubro Infotech Mindtree L&T Technology Services Tata Consultancy

Post Photo
like

Hi Guys what should be the best ask for onsite Belgium in terms of compensation

like

Hi folks , what’s the salary range for Wipro Europe development centre (iDeas D&C) for B3 level Sr consultant ?

like

Hi guys, yoe: 18; tech: Java j2ee cloud tech leadership..looking for Director level roles in Hyderabad in product companies. Cctc:55Lpa; What's ideal ctc to look for?

like

Pay, prestige, and career progression of Nous Group in Australia?

like

Hey Guys is it really happening fo IT our working hours may increase have to work only 4 days in week and take a way Salary will reduced 🥹🥹🥹🥺🥺🥺🥺

like

More Posts

It ain’t wrong...

Post Photo
likesmartfunny

Going to Oktoberfest with some buddies from college. Any tips from anyone who has been!? We’ve got rent reservations but looking for any info that may not necessarily be online

Hello Friends, I have 2 questions please help to clarify.

I am joining in CTS on September last week so when i will be considered for appraisal ?

And also for variable compensation I will get in this March right? For this we don't need to wait for a year I guess.

like

Hi all🖐️
Recquired assistance regarding job referals for python developer. I tried much, But unable to get single interview to prove myself.
Please help me out🙏🙏🙏

like

I want to give a Christmas gift to the manager of the gym I go to. She’s awesome and I just really appreciate her. I can’t think of any ideas though! Can anybody think any good ones? I do not know much about her personal life except that she’s a single mother.

like

I’m looking for poets interested in teaching poetry 👀 Message me if you’re interested!

Post Photo
likehelpful

Hello!

I am being tapped to translate documents at work. I’ve done spot translation audits, and 1 larger Quality assurance document earlier this year, but was recently contacted about a potential large-scale translation initiative for next year.

Has anyone been compensated for these sorts of projects that would be “out of scope” for their role? How do you go about asking for compensation? Have any of you spun out and created translation service side-gigs?

like

💠SAP Mega Drive 12th Nov'22 💠
LTI - India

Interested can Dm with job roles and email id to apply

Post Photo

I’ve been at a job for a few months and hate it - partners set unrealistic deadlines, micromanage, and create work that truly is not necessary/push urgency when there is no real urgency. I had other offers prior to accepting this job that may still be options, and going back to my old job (for a pay cut) might also be an option. I can’t tell if this is just burnout, growing pains, or just an untenable work environment. Would you ride it out for a year at new job or pursue other options? HELP!

like

Any suggestions for how to keep my mind and body busy? My job is painfully slow and not challenging and I’ve started to re read old texts and have OD’d on Matthew Hussey videos. What are practical things I can start to help turn this next chapter? Besides job hunting! I feel like I need to throw myself into something worthwhile that I feel good about! I just don’t have inspiration or motivation right now. I feel flat.

like

Everyone complains about high healthcare costs in the US. I understand that it’s a complex problem including drug prices, insurances etc. But no one talks about the high physician salaries. Why do surgeons make near a million in the US while they make $250K in Canada?

The artificial supply limitation should end.

like

Anyone from LEK here. Keen to lnow about the org practice

like

Anyone know when rewards/workday are likely to get updated with PA results?

like

Anyone have a good office chair recommendation? Really not trying to spend more than $150 but willing to go to $200 if there is a really good recommendation.

Thanks!

like
like
like

Anyone have experience using GDS as a lead or key developer on RPA engagements?

Is there any room to negotiate pay rates with state hospitals that have set rates based on level of experience? Also what are the pros and cons of working for state teaching hospitals?

like

How is TSMG in terms of CTC, type of projects and WLB? I have heard CTC is comparable to MBB - is that correct?

like

Additional Posts in Consulting

Rising senior here. Interviewed for McK today and my parents (who I’ve tried to explain the importance of these interviews to) burst into my room in the middle asking me to do a task, right in front of the interviewer, and spent a minute arguing with me when I said I couldn’t. Just found out I didn’t move on to the next round and while I’m sure some of it was my performance, hard to not just be absolutely livid with my parents here who still don’t get it. Sorry, just wanted to vent.

likefunny

Can introverts sustain in consulting??

likesmart

Has anyone used gliders that stick on tyres of office chair, for better movement over the carpet?

like

Ratings on three projects - 3,2,2. Utilization - 90%... Proposal hours - 15... Firm activities - 43 hrs... I then get a YE rating of 4 😕 ... How worried I should be regarding the layoffs???

like

Discussion post: I feel almost all consulting firms are the same. Mbb, big 4 etc. if you are paid enough there is probably less wlb. If there is good wlb there is not much money. Can you single out a company that you can confidently say pays very well and also has good wlb and also has good opportunities etc.?

like

Please people please. Do not ping with just a greeting and wait till the other person responds. PUT YOUR GREETING AND ASK IN THE SAME SINGLE PING.

likefunnysmarthelpfuluplifting

Best consulting firms to work for in Hartford CT area?

like

What is junior EM salary at McKinsey?

like

Laid off, any tips on how to gain experience/sharpen resume while job searching? I was in a project management support analyst role/ Venture capital sales role. I’m thinking of getting certifications to increase marketability

likefunny

FTI Consulting fishes, how is your work-life balance? Anything you wish you knew when you first started? What is the standard Senior Consultant salary for an external hire?

like

What is the best consultancy for Media and Entertainment work? Considering a move…

like

Looking for a new carry on, what are some good ones? Just found a hole in my samsonite

like

Hello my boyfriend is starting his MBA in the fall and considering a career move to Consulting.  He is trying to better understand starting salaries post MBA and how these grow by year up until Partner.  He is trying to get more realistic data to weigh options. What should he expect as salary points with EY Parthenon?

like

I'm an introverted person, like to keep to myself, focus on work, spend the rest of my time on family, gym etc. I've been told that I need to work on my communication and client relationship building skills. any books I can read? I don't follow pop. culture anymore, no longer actively follow team sports (but sporty myself) as I consider it bread and circus for the masses and don't rly enjoy work drinks... Am I doomed? Personally I am happy and love the work but fear for my career progression.

like

Pros/cons on moving to Raleigh or Charlotte, NC? Don’t know anyone there. (New job...BCG isn’t opening an office there as far as I know!)

like

Consulting firms, how does your company use utilization as a performance metric? And what are your targets (e.g, Junior practitioners vs senior)

like

Can someone explain what exactly a customer success manager for a tech product company does and how it differs from say customer support? Also, do CS teams have meaningful influence over product and professional services teams and how does CS work intersect with sales? Have been approached for a CSM role and trying to figure out the role.

like

Anyone heard of consulting firm Thought logic in Atlanta and Richmond? Are they any good?

like

Looking for book recommendations on strategy/strategic thinking. Something along the lines of Contagious but open to any options. Thanks in advance!

like

Planning to do a PRM or FRM qual. How useful is it to move from Big 4 Risk and reg consulting to industry? Finding it hard to get anything other than non-PM roles

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

Scan your QR code to download
Fishbowl app on your mobile

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