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OW/ATK/S&/LEK - Any update on MBA comp matches with MBB ($165k)? I had hoped decisions would be made around now.

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It’s because offers are expiring and decisions need to be made soon

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We need another couple weeks before they announce it. We usually get updates mid December every year

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They’re finalizing the details. Likely yes, effective July 1 (new fiscal).

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This is becoming a weekly post lol

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Internally mid December, effective jan 1st

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If I had to guess I’d say no. They’ll probably announce it after our offerees have all been spooked off by the radio silence. The message has been communicated loudly to leadership, but on a variety of issues S& leadership are beholden to a group of accountants that do not get it.

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To clarify, yes they’ll raise, otherwise the best people at all levels will leave for better deals. No, it probably won’t be announced in time to give offerrees any certainty.

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They would likely raise all levels to minimize salary compression. If you raise the bottom, the tide raises all boats. To your question on movement to MBB. It does happen today, but there are plenty of people at the M or D level that wouldn’t leave to move laterally if the compensation is the same / close because they’d prefer not to start from scratch from a network standpoint. If comp were to diverge significantly then that calculation would change for many. There would be demand for the best people, for sure, there is today.

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S1 and OW1 - When do you think the change (if any) will be communicated (internally and to offerees)? ATK has raised comp (but not matched MBB) and updated offers.

The message to offerrees is that we’ve always been committed to staying competitive with the top strategy firms. They were finalizing exactly what that looks like but any change would be effective in July. It’s not a great answer but it takes time to get a comp change approved by the P dub mothership.

Do you think a decision will be communicated to offerees before offer deadlines (early Jan)?

Do you think they’ll raise to match BCG at all levels (10% across the board) or will it be a smaller raise? What makes you so sure they’ll raise? I understand your logic about talent retention but do you think talent loss to MBB is even a problem to begin with? (Meaning is the demand for S& folks high enough at MBB to consider talent loss a risk?)

Anyone know if Deloitte is considering matching?

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