{ "media_type": "text", "post_content": "M3A - 2-rated, only $3k base increase and $12k bonus (last yr $12k base increase, $8k bonus). Told the next step to get a large base increase is promotion. Is this bullshit to keep me hanging on?", "post_id": "5949bef075d1b30010f9a6a3", "reply_count": 11, "vote_count": 4, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

M3A - 2-rated, only $3k base increase and $12k bonus (last yr $12k base increase, $8k bonus). Told the next step to get a large base increase is promotion. Is this bullshit to keep me hanging on?

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

You can move about 5k per cohort from A to F so I'd say you have some runway. It is true that you won't get another large increase until promotion.

like

This cohort model is 💩

like

What's your current salary?

like

I get people's feelings about the cohort model, but coming from a firm where there wasn't one... it is at least more transparent. You know what to expect in terms of salary. The promotion process is about a lot more than what is spelled out in "The PwC Professional"... it's not all black and white, as much as HR likes to advertise that. My former firm had a similar guide. However, even though HR said they would share pay bands, it was still much less transparent. I'm all for putting all the salary info out there. You can still be paid based on performance, but with less drama.

like

You may be at the top of the pay band already

Sounds legit... need more specifics.

The increases between bands are minimal. If you're already at the top you will not be getting bumps until promotion. You are lucky, some people I know haven't gotten raises in 2 years.

What's your current salary? #reprat

#repeat*

It's now $157k in a T1 market

The responses are reassuring so I don't feel like I've been gypped. Thanks!

Related Posts

Raise your hand if you have a ravana inside you. Tell your story.

Help! Would it be wrong to leave a boutique after only 2-3 months for a big 4 offer? Higher position, higher salary, still FS. I feel bad because I don’t have that many complaints right now. Project is fine, my immediate colleague is great. But I am not really a fan of upper management. I just see much more pros at the big 4. Don’t know how to mention to my firm now.

like

What does the Investor Relations career path look like for someone coming in at an early-ish level? I’ve heard it’s kind of dead-end and doesn’t really teach you any hard skills but pretty easy, especially if you can produce a decent track record of fundraising. Also, I’ve heard comp is ok and typically lower than consulting (and WAY lower than the investment teams…) and mostly concentrated among the top dogs. Accurate? Anyone know people who took this path?

like

Expected salary and bonus for Comm. consulting at Accenture in NYC vs Philly (3 YOE)

like

New AWMA... curious to know what a reasonable salary expectation is and what the growth looks like for an associate within a growing ensemble. For context, background is more analytical, taking CAIA level 2 in a couple weeks, then plan on pursuing CFA.

like

Seeing PwC's massive raise in comp, wondering how other firms, especially KPMG would react..

like

Help. Working with 2 supervisors on an offering they are both experts in ... they both have visibility into my work... how do I reach out to one of them about a potential new client without getting into trouble if the other finds out? I have my own preference on which I think is best for the job but feel stuck as they both can impact promotion of me

like

Anybody work at Amazon? Are their offers negotiable? My husband got an offer for a senior position in the VA office paying $120k plus $20k bonus plus 13 shares of stock that vest over 4 years. My husband has ~6 years of experience (2 yrs midsize PA plus various industry roles) so the senior title is low but have heard you have to take a step down in title to work at Fortune 25 companies. He likes the offer but not sure if he should negotiate for more because it’s expected?

like

Moms, I am 14 weeks pregnant. At KPMG, the new year starts in October and basically by spring of the following year, so April 2021, is when they put people up for promotion for the following year. My goal is to make it on that promo list in April 2021 - But thats when I am due. When should I inform my team that I am pregnant and how do I let them know that I am still willing to work hard for this promo despite my pregnancy? Thank you!

like

Currently doing some ok work, but have a job offer with a 30% raise doing different work. Love the people where I'm at. Don't know the new team yet. What would you do?

like

I’d love some help thinking through this. I’m currently renting for $1600 base ($1800 total) and live in the least desirable part of town, and expect it to raise to about $2k/month. I was planning to buy my first property in the city and Airbnb part of it, but it will take me about a year to save up the cash (~$500k starting). Eventual goal is to move more rural but trying to build to FI. I found a property in my ideal dream location for $280k but it needs work, and can’t Airbnb it. Continued

like

Partners won’t turn down more work despite the associate exodus. I get it. Firms are businesses. But, there will be consequences. Deadlines will be missed, things will be sloppy. PSA to associates: you’re the loser here because we are in a service profession and firms make profit off of how many hours they can squeeze out of us minus our fixed salary. Put yourself first because no one else will. To those who say it’s justified cause $$$, I say no job should require us to sacrifice our health.

like

Today I got a promotion/ raise. Not your typical confession, I know, but I moved to this city a year ago and still have no friends/family doesn’t care. No one to tell, but for once I’m proud of myself

likeuplifting

Ranked a 2, bumped up to SA2, and got a whopping 2% raise. I'm making it rain now!!!

like

Incoming Noogler, just curious what’s the YOY raise typically look like? Thanks!

likefunny

I have been offered an internship for Equity Research role for 2 months. Based on my performance, I'll be on boarded full time. However, they are not letting me know the salary range I can expect once the internship ends. How can I negotiate a salary as per my expectations?

like

What would you consider to be fair / compelling comp if you’re leaving consulting 5 years post b-school? Obviously it depends on a million things (firm, industry, wlb, geography, etc.), but just interested to hear a range of responses from this group!

like

I was asked to take on formal supervisor duties without a promotion or raise for at least 1 year. Tips on how to negotiate this?

What is the average B4 consultant compensation jump for non tech roles?

like

Been working for 4.5 yrs, at my second consulting firm. I really want a to ask for raise &when I look at other firms the comp convos are $15-$30k+ where I’m at. I’m not ready to switch firms - CONT

like

Additional Posts

If all the top consulting firms made anonymous decks or gave anonymous pitches to a client, eg no branding and the client did not know which firm made which deck, do you actually think that the client would prefer MBB?  Is MBB actually coming up with better/more innovative solutions? I feel like I see many repeat or slightly altered solutions on almost all of my cases, are these really things that people at Deloitte/Accenture etc aren’t coming up with?

likesmart

Did Netflix set the House of Cards release for tomorrow to prevent us from binge watching over the holiday weekend?

like

Anyone else feel stuck? I know some of it is Covid but I feel like I take one step forward and two steps back. I just can't get anything to move forward. I had a rough break up, stuck in my job, can't leave the country, no hope that anything will change in the near future.

like

Can someone please help me navigate concerns about the vaccine? Literally all I hear from Fox News zombies saying big pharma and Bill gates are pushing the vax for personal profits only and Covid is not that deadly. What has worked with those in the inner network circle? What hasn’t? My pregnant wife who is nurse received both doses and I think a couple relatives believe the baby is going to be a cyborg.

like

Who did the amex spots with the violinist and the people all shot from behind? That's not Ogilvy, is it?

like

Fired without severance...haven’t signed anything yet. Is severance something that can be negotiated with HR? I have a call with them on Monday to discuss.

like

Raise your hand if you have a ravana inside you. Tell your story.

If anyone is going from the East Bay to Yosemite tomorrow morning, please let me know. I would really appreciate it if I could get a ride 🙏🏼 Of course I’m splitting the cost of gas and can bring snacks! I’m also vaccinated and just got a negative covid test. Thanks!

like

Help! Would it be wrong to leave a boutique after only 2-3 months for a big 4 offer? Higher position, higher salary, still FS. I feel bad because I don’t have that many complaints right now. Project is fine, my immediate colleague is great. But I am not really a fan of upper management. I just see much more pros at the big 4. Don’t know how to mention to my firm now.

like

What does the Investor Relations career path look like for someone coming in at an early-ish level? I’ve heard it’s kind of dead-end and doesn’t really teach you any hard skills but pretty easy, especially if you can produce a decent track record of fundraising. Also, I’ve heard comp is ok and typically lower than consulting (and WAY lower than the investment teams…) and mostly concentrated among the top dogs. Accurate? Anyone know people who took this path?

like
like

Would PwC cover my orthodontic visits? Do they give new joiners a monitor/ desk/ useful goodies to work from home? What about WiFi costs?

like

Our nanny takes my 7 month old out for one, sometimes 2, long walks every day (weather permitting). Love the idea of fresh air every day but its often for several hours at a time and he always returns home crying bc she's pushed him to his limit between feedings. She brushes it off saying hes just fussy which kind of irks me. Im also concerned that he's spending too much time strapped in a stroller. Is it reasonable to ask her to take shorter walks? Am I overreacting?

like

I'm in final rounds w a large tech company (interview already scheduled), but I saw that the company just removed the job posting I'm applying for on their website. Does this mean they already selected a candidate and I'm wasting my time? Or does it mean they have enough candidate selection for the final round to where if I have an offer, I'm less able to negotiate since the company has a lot of back up candidates. First time leaving consulting so all of this is new to me.

like

Hi Fishes, I am holding the below offers in hand Accenture 22.15 (17.5 fixed) +1.75 Jb LTI 21.7 (19.5 fixed) +1.5 Jb Capgemini 23 (20.7 fixed) Please let me know which is the best considering the wlb and culture Yoe 8 yrs Skillset informatica PC, IDQ

like

Final round of interviews with Facebook in a few days (marketing role). Any of you with interview experience with them? Any advice?

like

I started working in a agency two months ago, and I have two very big projects running simultaneously. My Creative Director left for paternity leave, and left me with all the work, facing the client, going to shootings, editing. I've been working 15 days straight, no weekends. The agency hasn't given me any back up/someone I can team up with to do the job. Is this normal? I'm used to have a partner, a copywriter or another creative working alongside. Keep in mind that I'm mid-level.

likefunny

Do your parent know what you make?

like

Expected salary and bonus for Comm. consulting at Accenture in NYC vs Philly (3 YOE)

like

Am I making a mistake declining offers for Infrastructure Automation/SRE Ops roles in product companies and going for Backend development roles in mid-size service based/Big 4 companies?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
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

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

For account settings, visit Fishbowl on Desktop Browser or

General

Legal