Re: the deloitte advisory and consulting merger - thoughts on what will happen to salaries post merger?

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Why is Golman Sachs guy in a consulting forum?

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Wait is this real?

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lol overpaid... *glances wistfully at the industry offers for $30k more that I turned down because I drank too much Kool-Aid*

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Is this fake news?

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This sounds like fake news. Haven't heard a damn thing about this.

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I still won't believe it until I see it with my own eyes, but I'll play the thought experiment game. You've got the title issue as well as the salary issue (Consulting C = Advisory SC, but Consulting A also probably makes more than Advisory C) so there's a pretty big gap to bridge! You can't really demote everyone in Advisory to match Consulting levels, though, nor can you pay Advisory the same as Consulting folks at the same title. How did the firm handle it when we added Analysts to Consulting? That's probably most informative as to how they'll handle any potential merger. One thing is certain, though: any way they slice it, someone is going to be pissed off.

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Will not happen. Stop spreading fake news people

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@BA1 enough SMs and PPMDs have brought it up casually that I no longer consider it a rumor.

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Both salaries down 50% to keep in line with the industry

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@pwc3 Best comparison to Pdubs is DC ~ PwC Advisory and D Advisory ~ PwC Risk Assurance

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I'm especially interested in hearing from people in other firms who've gone through similar mergers.

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Salaries will be dictated by practice

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Lol when you have SC's from consulting making more than SM's in advisory

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Post in the group forum. 😀

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And the strong shall devour the weak's reward

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This isn't news... yet. It's only a matter of time.

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^or Deloitte consultants are overpaid XD and the market will adjust

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Which SMs and PPDs? Lol. First, no way they would casually drop something that big to SMs. Probably just a speculation someone came up with and it spread. Have it coming from an E-level partner? Sure has merit. Other than that, nope.

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@GS1 exactly my thought- what happens in those cases?

@DD1 my thoughts exactly. Either advisory ppl will quit in droves because they will be so underpaid for their level and expectations, or consulting ppl will quit because their salaries stagnant while advisory practitioners are brought up to the same pay level.

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