Just got the offer to join Deloitte at 185K base in MCOL, in their pharma strategy team. Currently at PwC with 3 YOE post MBA.
I couldn’t make manager at PwC in 3 years, hence the switch.
Questions:
Is the offer $$ reasonable?
If I negotiate how much upside do I have or what do I ask for?
What raises am I to expect as I progress to M2/M3
Is it fair to assume 90%+ likelihood as an average performer I can get to SM in 3 years from M at D. Or does it take longer?
Conversation Starter
What title is it? 185k seems very high for manager
Sorry. Yes Manager. I realized I forgot to put the title in my post.
That's a really great offer and in the SM band for many of us. Making SM in 3 years will be challenging - it's often 4 years now. You'll need to build your network and garner support and build a pipeline. If you're in a smaller practice area it's possible for sure.
Raises have historically been 4-8% depending on where you are in the band. 185k has got To be high in the band for a first year Manager so I'd expect lower raises.
$185k for M1 is really good.
Comp is high, more than M level salaries in the recent survey.
Yes but that's just from campus. Most SCs come in lower than that. The bands overlap a lot, which can be frustrating - imagine being an SM and staffing an SC who's base is higher than yours? But it's how we stay competitive in a competitive market.
Not a good comparison with S& - that's more purr strategy than a consulting role at D.
What group in PwC are you in?
Seems about right when I was offered a job there a few years ago, and that’s probably pushing the upper limit. I also came from PwC but I was a manager then, not sure if that makes a difference. And I was also an older grad.
You’re on the upper band of a manager.