Is it doable to stay a career MD? What would be the pros/cons (outside of the financial gain)? Im in FDD and like the work/pay but started my career late and also just don’t see myself wanting everything that comes with being a partner.

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

Oh jeez... I hope so!

funnylike

Amen!!

Nothing wrong with a career MD. You get paid well, no liability/downside, better taxes, likely a 401k match, and you don't pay your own medical.

likehelpful

D2 - pros are a defined benefit plan paid by the firm, as well as 401k with match. Con is that defined benefit plan is lower than that of partners.

like

What does “everything that comes with being a Partner” means to you?

like

Equity obviously

What’s the pay at the MD that’s keeping you from going for partner?

like

I’m in a niche area and was told I didn’t have a partner case. Plus, olde as yonder hills. Three years at MD, I’m at ~$350k base and 0-35% bonus. Getting about a 3% increase a year, which does grow over time. Haven’t found anywhere else that’d pay this well to do what I do, so I figure I’ll ride this for as long as they’ll have me

likehelpful

Plenty of people do yes

What is it you don’t want that comes with being a Partner?

The matching tattoos…. The secret handshake… That fancy lounge on the top floor with the cigars… It’s too much

likefunny

Related Posts

Just got a job offer but they are only giving me until Monday afternoon to decide. I'm currently in process at several other firms and the recruiter said they can't/won't give extensions. How bad is it for me to accept and then decline if I get another offer? The other companies would be paying 15-30k more and I feel like that's way too much to give up especially right out of school. I emailed the other companies I'm interviewing with to see if the process could be expedited and (1/2)

like

Non MBA with 15+ years of Consulting experience; will taking GMP from Wharton/Harvard/MIT help further my career ?

like

What might be the salary and position expected for the person with 9+years of experience and lateral hiring? Please help as I need to discuss with HR on my postion and salary today

like

As iam fresher ,i joined tcs 6 months back from mechanical engineering background,till now iam in bench .I done 6 month software development course .Iam good in front-end(html,css and javascript),sql and java .Iam currently learning reactJS .But my RMG is not looking my skills,she telling me to take mechanical related projects in TCS.When i go for asking project ,they told work in non-IT. please suggest solution for this.

like

What does your PM "ladder" look like? What titles do you have at your agency for the project management team?

like

Hi all, I have a question, is it a smooth pivot to switch to production (film, entertainment), creative production? What do i need to do(steps to take, improve a specific skill, gain experience to breakthrough? I have a creative background and also have experience in Ad production as Brand side.

like

Citi Bank I would like to know how much % hike one can get in internal mobility within citi ,Dublin.jump from AVP to VP Citi" class="linkified" target="_blank" rel="nofollow" >position.Citi Bank Citi

like

How does everyone feel about the online SHRM learning for SHRM-CP and SHRM-SCP for Certification?
Do you skip around? Do you follow the path? Where does one start?

like

What do you think are the new things to learn in data engineering in Azure platform

What is the hike percentage for promotion in Qualcomm India?

like
like

Hello fishes,

Can someone help me out to fill the compensation plan and save more tax with the declared component? My CTC is 22.2lpa. Thanks in advance!

like

What is the entry level salary expectation for data analyst in Mumbai please share your thought also...

My girlfriend, 29, is looking to move out of teaching. She is willing to get certifications or designations but has no business background. Any suggestions for career change? Either positions or ways to get into the business world would be great!

like

Is there a list of brands with in-house agencies? Senior Strategist looking to pivot ASAP.

like

Hi Guys,
I've provided all the details related to my employment, Qualifications and CCTC to HR very correct but I've miscalculated fixed and variable pay, will there be any issues on BGC?

Please help!

like

Curious if anyone else is or has been in the same boat. I started as an assistant at an entertainment law firm prior to passing the bar. Upon passing, the partner told me they would hire an assistant for me since I now became an associate. That was 1.5 years ago and I am still in the limbo of juggling my own workload + doing assistant roles for my supervisors. I have also had no increase in pay, which is a huge deal for me. Is this normal in the entertainment world? Any suggestions?

like

Hi friends,
What is the minimum criteria for IJP at KGS and how much is it feasible?
Will it be better to look outside or go with IJP?

like

How to get from 18 LPA to 50LPA, presently have architecture exposure along with DevOps and Operations for microservices with automation
I can guess few replies , still checking :D

like

More Posts

Tried this Santorini retailing for $40. Very concentrated but can’t say I was blown away by it. Volcanic terroir dominates almost to the point of obscurity, and it had strong lemon notes, hints of quince, and sea salt. It clashed with Mexican food (hey I knew that beforehand but didn’t think it would clash THAT bad, and usually pair Mexican with Riesling or Gewürztraminer) but I’m going to Greece soon and wanted to drink Greek wine. I drank half at a BYOB, took the bottle home(cont’d)

Post Photo
like

What cert to go for next? Currently have AWS-SAA and Security+. Thinking about CISSP but how difficult is it compared to the AWS-SAA?

likefunny

How hard is ITIL 4 foundation exam compared to PMP and AWS CCP? Debating whether I should take training classes or just study the book. Ty!

like

I’m an internal consultant of a bank, a bit tired of the internal administration and bureaucracy. Just wondering if you have to deal with the same if you work in a consulting firm instead?

Is anyone following the sale of Liverpool FC? My boyfriend mentioned it to me and whilst I’m not a football fanatic although can loosely follow the game, it has sparked some curiosity from a transactional pov.

like

What big firms let you get to manager and above with an MBA and/or EA for tax?

like

How much time generally it takes to get offer after this email? There is no link provided so that I can go and check the portal.

Post Photo
likefunny

Advice on taking and passing the SPHR exam?

likehelpful

How are the client interviews here in Globant?

In KPMG india salary structure in performance bonus what do you mean by annual target earning and annual maximum potential earning?? How much is the average percentage I can expect ??

like

Hello, Please refer me for any open positions for a tableau developer role. Having overall and relevant experience of 7 years 3 months

like

Jummah Mubarak Fam 💚

like

Anyone ever lost their passport? I lost mine in transit. I am abroad and entered new country. When I got to the counter to show my passport for entry I couldn't find it anywhere. I am currently sitting and waiting as they are deliberating . Any advice would be great.

like
like

Be careful of a growing subculture of politics with the new leadership team in place. This is a place where it is more important to get along than to get things done.

like

Hello, i am currently working as Lead software developer. what is next post should i be looking for ?

Thoughts on summer AOTS?

Hello, we've recently started a community focused on FAANG Interview preps. Wondering what kind of content people might be interested to see in such communities.

like

Additional Posts in Partner One

Executive presence - what is ONE thing that helped you the most in significantly improving your executive presence during workshops, town halls, kickoffs etc.

like

Hiya! I was wondering if anyone here has any good recommendations in terms of books or learning material that I can pick up to learn about sales and marketing relevant to the consulting industry?

like

Partner 🐠 - what are some traits of top candidates for final round partner interviews?

likefunny

/x-post from the Consulting Bowl/

Hello, Partners. Can anyone recommend fantastic courses, videos or training for a new manager like myself? I’ve come from a tech background and looking to be C-Suite

Big4 Partners: could you provide some insights into how the Big4 pensions work. Assume one becomes partner at 40, and then retires at 50 after full vesting, how much annual $$ you get after retirement?

like

Partners, when do you think informal communication regarding new PPMDs will start trickling in?

like

Partners/Principals - how do you focus and continue to work at the same rigor, if you have made your numbers or 75% of your numbers? Do you take it easy or continue to grind/ work long hours as usual?

like

With the CDC releasing new mandates, What are partners seeing from clients? Are they asking for full return to the office? I definitely want to keep staying wfh and not commuting :/

like

Would you say being a partner is more demanding than being an industry exec?

Hi Fishes,
A friend of mine is trying to return to work after 2 yrs of break. She is a CA with over 7 yrs of experience in Investment Banking and Debt syndication and is looking for opportunities in Bangalore.. Any leads would be helpful.
Thanks

like

How early in someone’s career do you generally identify if a homegrown person is partner material or not? M and up or earlier?

like

Partners: where do your clients come from? Do you spend more time acquiring new clients or using your network from past projects/peers?

like

(1/2) For those w/ technical backgrounds: how did you develop executive communication skills? I’m a year into MBB (post MBA) and have had really great reviews on client, problem, and team

Partners, what is your advice to folks who are currently on bench on how to best utilize their time and what value add activities (personal/professional) that they can/should do.

like

If an employee files a complaint about workplace behavior, do you treat them differently? I'm faced with reporting an SM for bullying and finding it near imposible to believe that it won't (cont'd)

Partners, what were some life changes that making partner brought about. Thinking mostly in terms of pay increase, additional security of retirement...but interested in other impacts to your lifestyle

like

Partners - do recruiters/headhunters ever reach out to you? What types of roles/levels do they reach out for?

When you independently search for other opportunities (if you do), what types of roles do you look for?

like

How do you identify potentials in people?

Are all 529 plans not allowed if one makes partner at PwC? Seems like everything is showing up as not permitted on independence checkpoint.

like

Joined EY 6months back as a tech consultant. My feedback so far has been great. What should I do to get the company sponsor my mba? I haven’t initiated the talk yet

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