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2 steps down. Director -> Managing Director -> Partner
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D is indeed one step from partner. And I think all partners are equity at K, so it’s kind of like junior partner I guess.
Itll be a tough slog coming in from industry.. (been there)
Edit: Correction based on above comment.. maybe not. At least where I am from it’s that way anyway
Might be country dependent, but in US Director is 100% 2 steps from partner with MD (non-equity) the step in between
Director has a wide pay band, so comp will largely be dependent on your experience. $200K - $350k would be my guess but it varies a lot in that group.
Don’t you all have a kpmg bowl?
Ahhhh. My bad. I misread that. I thought they were kpmg.
I think Director is 200s range. Upper 200-300 is MD. And yes, Director is 2 steps down with MD in between. Now keep in mind that in order for you to become MD is key to how much $$ / clients you could bring to your team so it's not that easy unless of course you have the connections.