Let's be honest, none of us will get rich doing consulting unless we make Partner or start our own company. Stop bitching about 10-30k here or there on your salary

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

How about we all get together and start our own firm? We will save so much on hiring process and can leverage our cliebt connections

like

Depends on your definition of "rich". My goal (just like 99% of people) is to become financially independent, aka able to retire. Having an extra $10-30k a year to invest will help A LOT in reaching that goal sooner. The fact that you think a chunk of change like that doesn't matter proves how out of touch with reality you are.

like
Recent IconRecent

But my point was don't stress the small change, make big moves

like

Investment Banking, tech start up

like

@d6 you browse r/financialindependence ???

like

Yeah OP I wouldn't consider 10-30k "small change" in my book lol

like

I'm not referring to minor changes in lifestyle or what you'll be putting into 401k. I'm just saying we need to CHANGE our mindset a little bit. Rather than jumping to another firm for a 15k raise, we need to think strategically about how we can grow out our skills and grow out our own businesses (or launch new ones within our respective firms)

like

@SC2 actually, after tax you'll afford less than 10K in lottery tickets 😬

like

Fine. 5k lottery tickets. Still gives me a better chance at being a millionaire than the 0 lottery tickets I currently buy.

like

Despite the initial resistance from commenters, OP is spot-on IMO

like

10-30k is huge.

like

Why is everyone talking about an extra 10-30k before taxes? Don't forget taxes people gosh

like

I'm assuming he is talking about the adequately paid individuals. I can't say much has changed from 100k to 130k for me. I get to eat out more without thinking about...yay!

like

I browse financial independence from time to time. Also mr money mustache and bogleheads. I have no intention of working past 45 because I HAVE to, but because I want to.

like

By compensation, I mean a bonus from work and not from FB, but maybe I'll finally agree to become an ambassador

like

What will? I was thinking about this while brushing my teeth tonight. Maybe I should become a TV personality

like

Investment banking hahahahaha no. PE or HF because it's a small firm and you get equity. Ownership is the only way to get rich. That's why partner (as OP noted) or entrepreneurship

like

How many client hours were lost over reading and replying to this post. Hahahaha someone in PMO office will want reconciliation. Lol

like

Dude, define being rich?

like

OP- read rich dad poor dad if you have not already

like

Spot on @Deloitte4, love MMM!

like

I will get rich. Very rich. I invested all my money in facebook ok

Related Posts

What’s a rough comp range for Manager at Strategy& in Canada?

like

Honestly I feel stuck in Oracle apps , being a technical resource I now feel the pay is getting less as there are many resources available and after working in it for 7 years now I don't know what other technology I can switch in 😞

like

I’m getting put up for manager a year early. I have PPMD ,SM, and M support. Pretty much support from all the key individuals on my team and in my service line. Since it is a year early if i don’t get promoted this round I know it’ll come mid year but I do expect a good salary increase still without the promo. If I don’t get the promo nor a salary increase that I’m okay with, how do I let my partner know that I will begin to entertain outside offers? some of which have offered the manager role.

like

I am planning to shift to UK as dependent visa on my husband's visa. UK allows dependent to work. I wanted to know the pay range they offer to 10 YOE for MSBI + Power Bi skills. Please input some ideas if any

like
like

Current biotech field engineer (1 year work experience out of school B.S. MechE)- job offer from Takeda for informatics/Automation engineer. Is 85-90k base pay low? (Would be based in Boston, MA)Takeda

like

What is starting salary of RedTeam Consultant at FireEye in Bengaluru, India?

like

Anyone know the salary bands for acd/cd/gcd at publicis agencies?

Accenture India Wanted to switch to some other company from accenture. Can anyone Suggest me the hike% or salary range expecting from new company. YOE : 3Y Fixed pay: 12 LPA Tech stack : Java developer for commercial bank Accenture India Accenture @accenture

likeuplifting

What are good margins for PI associate attorneys; i.e., what should they make for the firm compared to what the firm would/ should pay them?

like

When will the salary be credited in Optum.

like

During my screening call, I said my expected salary range is 85K-95K. Got the offer today for 90K and I want to counter 100K. Is that a bad look? Should I counter 95K or go for 100K?

like

Yoe: 3.5 Tech stack: .NET+Angular I hold 2 offers: Hitachi Energy (Chennai) - 12.5F+2.5V Siemens Healthineers (Bengaluru) - 16.5F+1JB+1.5RB Which is best in terms of wlb, hikes and growth?

like

Seeking input on entry-level salaries for grant writers! Please share with your location if you’re comfortable. TIA!

like

Looking at how market is going up everyday no one is afraid of Jpow now. Doesn't matter if it's 50 or 100 basic points rate revision. With this speed SPY 500 by end of month. No fear left. Even shitcos have gone up 40% from their jan 24 lows. BTC 50k. This really scary for bears.

like

Are people who joined in January not receiving any hikes this year at ac kolkata?

like

Hi fishes,
Can u give clarity on the performance linked bonus in either part they mentioned ?
If my performance is good can I expect full bonus what they mentioned. How much money I can expect in Performance bonus part ?
KPMG India

Post Photo
like

What’s an acceptable range for an Account Executive VS Senior Account Executive? In Singapore... Not sure if I’m underpaid....

like

Does EY GDS provide joining bonus? I have already accepted offer from Ey, Can I ask HR now for JB?

like

More Posts

Does Ericsson provide cabs or reimbursement for cabs in india Ericsson

like

Come thru with that .0000009% conversion rate

Post Photo
likefunny

Does anyone do internal audit

Any Indian national recently came to US through the London Heathrow airport.

Parents coming from India and have a layover at London airport. Are there any covid restrictions we need to worry about?

They are fully vaccinated and they will have a negative Covid test 12 hours before the start of the journey.

like

Anyone moved from big 4 to CohnReznick? Even worth it?

like

Anyone here a Product Mgr at Cisco? Would like to connect to discuss the hiring process, and get some pointers towards prep

like

Me these days

Post Photo
likefunny

Any IP lit laterals getting bonuses over the last year? Curious about Juniors in the 2-4 year range but all data points helpful

like

Stimulants make this job easy. I'm surprised more people don't do them

funnylike

What are some books that have absolutely helped you either working in the investment management space or even just personal investing?

like

Hi fishes,
During the BGV will third party personnel visit your house? I plan on going on a trip before my joining date. Also if the bgv is completed early will the doj also change to an earlier date

like

Can anyone please let me know what will be the take home/in hand salary for 20L Fixed per annum.

Thank you.

like

If I reject Accenture Technology offer, will I be able to appear for Accenture Strategy interview later on? I have an MBA.

like

What is the hierarchy in PWC India Advisory? What is the YOE needed for Senior Associate?

like

Anyone still play Pokémon Go?

like

Hi fishes , I have offer from Nagarro of 22 LPA and from Altair 19.5 LPA
and I wanted to join Altair. So any idea that Altair will revise a offer and can give matched offer.

Technology : ReactJs
YOE : 3 Years

@Altair

like

Did Pinterest lift their ban on advertising branded/unbranded pharma? It got brought up in a brainstorm today and almost spit out my coffee...

like

I want to quit without a job lined up. My agency is a dumpster fire of incompetent project managers, revolving door of creatives and culture of not holding people accountable amidst a micromanaging gossipy leadership. I just want out. Tell me it is ok and will be alright.

likeuplifting

Hello, Is anyone able to refer at Fitch Ratings Inc. ? I am looking at a structured analyst position in CBMS department. Would love to set up a set up a phone call or zoom to share my background and learn more. Thanks!

like

Would like to connect with someone working in Cognizant CTS as Oracle Ebs or Fusion/Cloud Consultant.

like

Additional Posts in Consulting

I am on my second year of STEM OPT. Was not selected in the H1b lottery this year. Have another shot next year (still low chances of getting selected). Could I still be selected, assuming that some companies are going to lay off some workers/withdraw apps? What should be my plan B if I don’t get selected next year?

like

Did anyone read the top consulting firms to work for? 😂😂😂

like

Accepted an offer at another company last night but having regret today? What happens if I call them and withdraw? Has anyone ever done this?

like

Which consulting firm has the best 401k match?

like

Any recommendations for a mattress? Cheaper the better (although I’d love the Sheraton, I can’t afford $$$$)

like

Thoughts on Wealth Management as an industry? Offered a role to work under a senior FA and eventually take over the book (~$800M AUM and growing). It sounds great, but I am worried about the disruption this industry is facing with Robo advisors and other low cost, DIY options. I’d want to make sure the clients stay through the transition, and I don’t want to join a dying industry. Thoughts and advice?

like

can recruiters blacklist you on Linkedin if you don’t respond to them?

funnylike

Desperately want to get into healthcare strategy consulting. 13 years of healthcare clinical experience including project work. MBA. But keep getting told by recruiters that I don't have enough experience to be a Consultant or Manager but that I have too much experience to enter in every level such as a Senior Associate. Just one rejection after another, even when applying with internal referrals from Director or Partner levels. What am I doing wrong?

like

What kinds of books, podcasts, TED talks, etc would you recommend for a recent college grad who has low self esteem, is professionally immature and for whom the prospect of entering the world of work is daunting and stressful?

Trying to find ideas/frameworks that will change mindset, tips, tools and heuristics for self organization, management, soft skills in a professional setting etc

likefunny

Some of you may have heard about the uproar 🇸🇪 is facing. Thoughts? Experiences?

Post Photo
likefunny

I have a manager meeting post PIP on Friday. I worked really hard but feels like the manager still isn’t happy and I might be shown the exit. I had filed for short term disability for extreme stress due to hostile work environment which will likely get approved on Monday. What’s the best move for me? I am thinking take Friday off so the manager meeting gets pushed to next week when my leave is already approved?

like

Moving from Deloitte to BCG soon. What can I expect as major challenges/differences when transitioning from big 4 to MBB?

like

Any stock traders use TurboTax? I honestly thought my capital gains was going to be worse because of the wash sale rule. The software calculates all of that once you put in the 1099 correct?

like

Can anyone help with a Mckinsey Qatar referral. I know they’re currently hiring aggressively, and I’ve got a solid resume within the ME region. Happy to chat! Ps. US is very different for lateral moves to MBB

like

I am plat exec on AA and wife wants to purchase ticket to Europe (traveling alone). Any benefits of booking it through my account (and assigning her FF#) or none?

like

What's the best consulting firms for H1B folks who have studied masters in STEM here? Got a cousin graduating this fall and he needs to know H1B/GC policies.

like

Would love some gift suggestions for the husband. He’s been super amazing and I wanna get him something super nice for our 4th year anniversary. Can’t do vacays or experiences because of the Covid and new baby combination! Don’t know if it helps, but he enjoys fancy gifts, not into drinking or smoking or gaming!Trying to keep it under the $500 ish range if possible!(Fully aware that it won’t get me something super fancy)

Any suggestions? I’ll owe anyone that’ll help out! 😅

like

Got laid off but found a job. Unfortunately I can’t start for like 2 months. Any ideas on jobs I could do in the meantime? Can’t drive so no Uber. Willing to do minimum wage, anything will help

like

After getting kicked out of McK late last year, this gives me schadenfreude 🤣

Post Photo
likefunny

Recommendations for books and podcasts on business, strategy, management, etc. that have helped your career?

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