People that leave consulting as senior associates / SC - when you exit to industry, do you take a pay cut? Hard to imagine being able to find places willing to pay someone out of school ~4yrs 100K

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Nope. Left for industry. Less than 4 years with a pay of over 100K.

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Not true. Left as SC with 6 years (some junior operational experience prior to consulting) for 135k. It's all how your negotiate.

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To pwc1’s point, I interviewed for an avp role at Barclays when I had 5 years experience and 130k plus bonus was in their range. Go to big 4/ACN with 4-5 years experience and good luck getting that below Manager (non-strategy).

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@M1 - You’re spot on except for the below M part. I think it all depends on how much value leadership thinks you bring to the table. As a SC, I and my peers made >100K total comp. SC3s and SC4s made much more.

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Never hurts to test the market! You may be surprised!

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M1 thanks for the response :) read it the other way. I totally agree about bumping exp hires down in consulting. I just bounced out into industry again and almost doubled my money. It made me really question consulting as a whole and how it fundamentally operates

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You’d be surprised. Consulting is great for entry level, but terrible for experienced hires. You’d get that easily

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EY1 what kind of role did you take? And what sort of work were you doing prior?

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If you exit as a Finance AvP or Vp you can get more plus bonus.

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Tons of jobs would pay that to someone with 4 years of consulting. If you aren't finding that then you're looking at roles that you're overqualified for

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Sc1, industry will pay you what you’re worth. Consulting usually brings you down a level. I’ve met ppl with 20 years experience but couldn’t come on as managers bc they tidbit have management experience, or it was the right client facing expectation. So they get the 120k SC offer (at best) where as industry they could make more as a Principal Architect/Engineer. Or even take on management level role, if they can make the case...hiring isn’t strict. However, if you’re 22 no experience and your first job pays you 65-75k! That’s awesome! But if u come to it later in your career, it’s not quite the same. Make sense?

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M1 how do you justify that??

Everyone is like product managers right??

I am worried about this as an MBA hire. Debatable whether I want to stick around the 2.25y to hit manager only to exit, but worried I'll get hosed when it comes to job opportunities if I don't wait til manager

EY1, maybe at EY, I haven’t heard of anyone below manager getting more than 120k at Accenture.

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