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I think it would be useful for you to know the hierarchy. In most cases:
Manager / Consultant -> Sr Manager / Sr Consultant -> Director / Lead -> Sr Director -> VP (level 1,2) -> SVP -> President -> CEO
Managers manage projects and own certain client relationships to an extent. They don't usually manager people. In some cases, Sr. Managers manage people
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It entirely depends on the function. In Client Services for example the roles are massively inflated, but the respective pay scales tend to reflect that as well. Strategic roles tend to be more on par with industry in both title and pay.