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IFS is a really wide variety of roles and comp/bonus really depends on which IFS team and what role. I moved from advisory to IFS and kept my salary level. I was told it is slightly on the higher side for my group but not crazy high. I have gotten a bonus every year after I moved to IFS. Growth in salary is definitely low - max 3% in a year without promotion is what I have been told for my group. This may be completely different for a different group within IFS.
Please donât ask what group. Itâs a small group and I am the only one who moved from advisory. So I donât want to say.
Thank you PwC2, itâs encouraging to hear that your salary didnât decrease and you still get bonuses. How has your experience been in IFS vs consulting? Any key differences aside from what I assume is 0 travel? If you feel more comfortable sharing via DM feel free to message directly. Thanks again!
Iâll let others weigh in, but I believe itâs a big gap, like 30-50%.
SC1 thatâs awesome that youâve had such a great experience so far. Would you mind sharing what group youâre in?
IFS also doesnât have bonuses
Raises are lower percentages. S& comp is indexed against MBB comp to be competitive for that pool of hires, not against ourselves internally.