Need a salary check: 5 y/o firm, very young/green team, growing rapidly but trying to catch up and keep up with that growth. No billable hour requirement, approx 8:30-5:30 workday, laptops don’t go home with you, PTO mandated, good benefits.
Located just outside a major market.
New grad starting salary?
Annual raises?

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Agree with Partner 1. What’s “good?” Where’s the “major market?” What’s the compensation structure if there’s no billable hour requirement?

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Hard to say without knowing their billable rates, estimated annual collections, your overhead, etc

We’re in the Chicago suburbs.

If they work 40 hrs/wk, generate about $150k in year #1 and then $200k in year #2, their revenue numbers tend to grow from there. Heavy focus on training during year 1.

Currently, we start brand new post-bar associates at $65k, with approx $5-10k in bonus for year 1. Then about $75k in year 2 with similar bonuses. Year 3, they start at $85k and typically take home $100-110k for the year after bonuses.

We offer profit-sharing for clients brought in by the associate and lots of other benefits with monetary value (paid health insurance, lunches, maternity leave, gym, etc)

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