Received an offer at BCG at the Senior Associate level, with a $120k base salary. I’m currently at Strategy& at the level equivalent to BCG’s Consultant level making 25% more in base. Bonuses are ~25% of base for both. My undergrad peers (class of ‘18) at BCG have been Consultants for ~9 months now. The path from Senior Associate to Consultant would take ~12 months.

Has anyone recruited laterally to BCG from a similar position and have insights or tips on negotiating on level / salary?

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Just take it and thank us later

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Sound like more work for less money. Sure you get the name, but what’s that worth really

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Keep in mind the average tenure at BCG is just 21 months. It’s a sweatshop, so be prepared to work hard.

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S& hours are just as long if not longer... we sell similar work for less money, resulting in understaffed projects all the time

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The Senior Associate bonus will not be 25%. It says “up to 25%” in the offer letter. But realistically, most people get target box placement at one year.

So your bonus will likely be 12.5%

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Fast forward 2-3 years and you’ll make up more than that just in bonus differential between BCG and S& lol

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Leave only if you think your exits from BCG will be materially better than your exits from S&.

For what it’s worth, I had a similar option to leave S& for McK, declined, and left for the buyside for way more than I could’ve made at either with 2 YoE.

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Sure, but I recommend you find a way to transfer to S& first. I don’t think I’ve met anyone from PwC that managed to find a buyside exit that they were satisfied with. Not saying it’s impossible, but think you’d have an easier time from another firm.

what office? when did you interview/hear back? just had a final round

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Why would you take a pay cut? Exit opps at BCG aren't what they used to be. Switching to BCG won't magically improve your exit opps.

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If you like consulting and want to stick it out for about 3 years then the $ will work out and the brand will be an extra kicker. If you think you wanna do this for a year or two and move on, don’t.

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OP I had the same choice and decided to stay - DM if you want to talk about it

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1. Like BCG1 mentioned, don’t expect a 25% bonus

2. Promo timeline to consultant may be over 12mo. You can do a search on LinkedIn to see that avg time for lateral SA to get to C is closer to 18mo

3. With ~3YOE and no MBA, there’s very little chance you can negotiate your title to C. They expect 5+YOE for that. I’ve actually seen quite a few people with 3YOE come in as A, so looks like your SA offer isn’t too bad.

TLDR: take the offer, maybe negotiate signing bonus if you want.

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I also dont think financially the pay difference would be that significant in 2-3 yrs. S& matches fairly well until Manager I believe

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Yeah, if you modeled the cash flows for this, staying at S& almost certainly wins. The only way BCG wind is if you believe you somehow get significantly higher comp at exit, which is a dubious proposition.

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BCG > PwC

Yeah would probably take it, much much better exits and quality of work you get to do :/

I faced a similar situation- 1.5 years as an Associate at S& reset to A at BCG, technically behind my peers who started with me. We’re playing the long game.

Just started haha, but I’m happy with my choice based on my experiences at S& and very little that happens at BCG can change that

Did you accept yet or still weighing, please update us Op

Still weighing!

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