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That being a partner isn’t about the money. Way too many are caught up in the money aspect.
If you can be a partner, then you can create wealth regardless of the path you choose. It’s about freedom and collaboration in the context of management consulting. You don’t have to be a management consultant. The question is whether or not you like the job.
That I’m really being honest when I say things like: we have your best interests at heart, you can trust us, we will take care of you, etc. There is so much skepticism, and sometimes things don’t work out despite the best of intentions, but it’s frustrating and demoralizing when people think you’re being calculating and political but you’re really just being straightforward and honest.
@D2 - consultants tend to be long winded. and your direct question probably has a complex scenario behind it. Or maybe it's a question he/she is trying to avoid
I wish we could be much more open about partner comp
So true - it’s stupid to treat it as taboo in my opinion . I openly speak about Partner comp with anyone who asks me . Comp is only one part of the difficulty - the other part is that people are not sure if they will make partner if they stick around . Not all firms are good about setting the right expectations
Of course there are big upsides, but there’s one huge downside that no one talks about: It’s lonely at the top.
Maybe a little...
To be fair, I’ve only tried to make partner as a white guy. I haven’t tried to be something else - which I think society frowns upon (unless you’re a certain Massachusetts senator who definitely definitely surely was certain that she was Native American and totally wasn’t using that as a credential and how dare you even think she would ever do that).
That partners are as insecure as staff - Just for different reasons . Many can’t share it with other partners either
I’m not a partner. But, one reason why I can’t share stuff is because there is a lot of gossip in the office. People talk behind each other’s back and usually in a bad way.