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S& SA1 starting comp moved up to 150. Unbelievable that strategy comp is increasing at this firm

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PwC colleagues don't be resentful. If you don't like the fact that S& comp is higher, then switch to S& or move to MBB. Nobody is pointing a gun at your head and forcing you to stay within PwC advisory. Also unfortunately in this world pedigree is important to sell. If we are going against MBB and they show a team of people that went to top schools, then we need to do the same to remain competitive. And if we want to attract similar type of talent we need to offer similar comp. I agree that pedigree is not 100% correlated to performance and skills, but combine this factor with a differentiated recruiting process and you'll see another aspect of the compensation differential. Throughout my 6+ years at the firm I've had the fortune to work with a few super starts that came from the PwC side but I also had to work with PwC folks who would've been dinged in their first interview at S&. I've noticed huge variance in the talent pool of PwC, but not as much on the S& side. So in my experience on average the S& talent pool is a bit of a higher caliber that that of PwC. I must say though that I don't perceive this difference at the Partner level. Finally, the work that we do really is different. Yes, everyone does PMO at some point (even MBB!), but that is more of an exception rather than a rule for S&. Not so much on the PwC side. I've seen projects where PwC folks have been placed on staff augmentation roles for months. If this happened on the S& side it'd be a huge red flag. At the end of the day, we need each other to capture a bigger chunk of the value chain. I'm not saying that S& is better than PwC at all - we need you and your capabilities, but I don't see a reason why comp should be equal across the board. Finally, there have been no changes to S& yet so I have no idea what OP is talking about.

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If you’ve ever done highly strategic work, you’ll know that the skill set is anything but unskilled - clearly it’s valuable

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I’ll take “Institutional Privilege” for 2000, Alex.

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I think if you look at the schools / backgrounds that S& folk come from vs other PwC advisory folk you can clearly see a difference...it makes sense their comp is higher and near MBB

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Some people are willing to put in the effort (study for and take GMAT, take two years off work for b-school), while others prefer to complain on an app. Keep searching for the easy path.

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@sa1 true, however tc folks can do strategy AND implement, where just strategy folks can make a nice ppt

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If you're unhappy with your pay and can do strategy work, just hop over to a strategy firm. Everyone is hiring these days.

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S& definitely needs to keep compensation in-line with peer companies. I will be interested to see what happens with MC advanced degree cohort. Currently it isn’t far off from S& salary and overlaps a good bit for the same talent pool.

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Where did you hear that starting comp increased? BCG base just went up 10%. So an increase of 2% is not much...

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At the end of the day, still need cost cutting programs. Digital is important, but so is running a business.

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Haha, non-strat peeps be hatin

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And here I am making 60% of what a fellow S& SA1 makes. Oh yeah, all my projects this year (and into 2019) have been S& projects. Lol

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BCG MBA base to $161k now? Are they the first movers for MBB?

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Is SA1 a post-MBA hire?

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Kinda ironic, given strategy is among the lowest skilled but more prestigious education. Should be interesting to see how these firms handle the next 5 years as digital eats everything.

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P2 why don’t you ask to transfer?

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Is this for real? Second confirmation?

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Any idea what associate pay for S& is?

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PwC 3 - There isn’t a large differential at the Associate level

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I heard A1s are the same but A2 is 90 and A3 is like 110?

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