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Dude MD salary, not SM one
Industry hires..
$220k
I’m recently promoted SM to MD in RLS, still haven’t been told my new comp for MD , but comp at SM for last 2 years was around 250k on average. I’m certainly not going to be taking a pay cut.
Rising Star
The CP3 cost for a RFA R&L MD is 398. Multiply that by 2,080 hours and then it's roughly 40% of that for the average comp. 60% covers overhead. It's not a perfect calculation but it's in the neighborhood.
325k - 350k depending on service line portfolio. That it my understanding of the MD starting salary. TC higher.